ST. LOUIS, Nov. 29, 2013 /PRNewswire/ -- Varsity Tutors, a premier private tutoring and test prep company, announced today that it will participate in Black Friday with a special Bitcoin sale. The company started accepting the virtual currency as a form of payment for its services in April of this year. To celebrate the Thanksgiving holidays, Varsity Tutors is offering 15% off any tutoring package to clients who use Bitcoin on Black Friday.
The private tutoring company offers in-person tutoring across 25 major metropolitan cities in the U.S. with over 3,100 tutors, as well as online tutoring to reach students all over the world. Previously, international students purchasing Varsity Tutors' services were only been able to send payment by credit card or bank transfer which would include foreign transaction fees. By adding Bitcoin as a form of payment, Varsity Tutors has provided a way for students outside the U.S. to avoid those transaction fees, as well as an alternative method of payment to the general public.
Varsity Tutors is responding to the increasing popularity of Bitcoin usage by holding this Black Friday promotion. Clients can apply their Bitcoin payment to any in-person or online tutoring package they purchase that day and receive the 15% discount.
Chuck Cohn, founder and CEO of Varsity Tutors, is personally supportive of the development of Bitcoin and digital currencies and was excited to integrate the currency into his company earlier this year. The company accepts Bitcoin payments through Coinbase, a leading Bitcoin bank. Cohn thinks that highlighting Bitcoin in a Black Friday sale will be an intriguing holiday offer to Bitcoin users, particularly international students.
"I have been an avid supporter of Bitcoin for quite some time now and I'm proud to say that we accept it at Varsity Tutors," said Cohn. "Our Black Friday sale should certainly alert Bitcoin users to the fact that you can purchase mainstream products and services like private tutoring with the digital currency."
About Varsity Tutors:
Varsity Tutors is a premier private academic tutoring and test prep provider designed to help students at all levels of education achieve academic excellence. Varsity Tutors delivers personalized, one-on-one instruction in any subject from STEM to the humanities and customized preparation for all standardized exams, including ISEE, SSAT, SAT, ACT and graduate exams such as the GRE, LSAT, MCAT, and GMAT. Students from elementary to graduate school are expertly matched with an exceptional tutor who is best able to address their unique needs and goals. To ensure satisfaction and safety, only the highest caliber tutors are selected to join Varsity Tutors following a rigorous screening process. Varsity Tutors provides online tutoring world-wide and in-person tutoring in 25 U.S. cities. Students and their families interested in learning more about Varsity Tutors should visit varsitytutors.com.
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SOURCE Varsity Tutors LLC