ORANGE COUNTY, Calif., Dec. 4, 2013 /PRNewswire/ -- The future of virtual currency has united with the future of smoking, as one of the first major e-cigarette companies is now accepting bitcoin payments. Jacksam Corporation, owner of Blackout Cigs, has partnered with Bitpay to provide one of the fastest, most convenient and progressive ways to pay for goods.
Bitcoin is an online, virtual currency that has several advantages, which is why Blackout is one of the first e-cigarette companies to adopt the payment platform. Because the bitcoin is not tied to credit card issuers or banks, the value is transferred directly from the customer to the merchant. As a result, the transaction is completed in minutes -- not days -- and the transaction fees are minimal. "Our mission is to make Bitcoin every merchant's favorite form of payment," said Anthony Gallippi, Bitpay's CEO. "Blackout is a forward thinking company, and we are thrilled that they have adopted bitcoin payments."
In January, Bitpay and Blackout began discussing bitcoin and its place in the e-cigarette industry. Since that time, a solid partnership between both companies has formed, and the value of the bitcoin has grown exponentially. "During our initial meeting, I wish Anthony would have forced me to buy into bitcoin because I could have retired by now," joked SeedFrog LLC Managing Director and Blackout investor Danny Davis.
Along with cash and credit payment options, Blackout decided to satisfy tech-savvy and cost-conscious customers by providing bitcoin as another safe, reliable and instant payment option. "This move makes sense because Bitcoin is the future of virtual payment, and Blackout is the most progressive e-cigarette company," Davis added.
Blackout is a producer of upscale e-cigarettes, which get smokers away from black smoke found in regular cigarettes, provide a rich cigarette taste with multiple flavors (tobacco, menthol and cherry), and have a sleek and stylish design. Blackout's Single Disposable e-cig replaces up to two-plus packs of traditional cigarettes and costs just $10.95.
To get your hands on Blackout e-cigs products, contact our corporate office at (800) 605-3580.