Post Oak Motor Cars Accept Bitcoin NYDIG Integration

  • Houston residents can now purchase luxury automobiles through natively integrated bitcoin-backed loans.
  • Post Oak Motor Cars announced a partnership with NYDIG to give customers access to a fully-fledged suite of Bitcoin services, including custody and lending.
  • POMC employees will also be able to allocate a portion of their paychecks to BTC.

A Houston-based luxury auto dealer will soon be able to accept bitcoin for its services, according to a release sent to Bitcoin Magazine. Post Oak Motor Cars have announced a new partnership with NYDIG, a bitcoin-focused financial services firm, integrating Bitcoin into its business operations.

The collaboration will allow POMC customers to purchase luxury vehicles financed through BTC-backed loans and enable employees to allocate a portion of their paychecks to bitcoin.

“We are proud to partner with a firm like NYDIG to offer our customers the ability to finance a car with a loan secured by bitcoin and to offer our employees the opportunity to allocate a portion of their paychecks to bitcoin,” said Lonny Soza, general manager of POMC. “NYDIG has a vision to make bitcoin more accessible, and our industry-leading partnership will propel that vision into reality and give our key stakeholders the opportunity to have exposure to sound digital money in bitcoin.”

Source link Bitcoin Magazine

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