One of the most popular Swiss timepiece manufacturers in the world, TAG Heuer, revealed that the company will start accepting cryptocurrencies as a viable payment method for purchasing its luxury products. According to the Swiss watchmaker giant, for the time being, this offer will be reserved solely for US citizens.

Moreover, TAG Heuer revealed that the platform for successfully conducting crypto payment will be facilitated by the firm Bitpay, with the users having the option to choose from up to several different cryptocurrencies, including ethereum, bitcoin, dogecoin and bitcoin cash.

In addition, users will also have the option to use up to five different stablecoins, with a rather flexible deposit limit too. As per the announcement of TAG Heuer, customers can spend up to $10.000 for a single transaction, without imposing any minimum deposit limits whatsoever, which is nothing short of convenient.

The reason for this decision by TAG Heuer, according to the company, is due to the ever-increasing number of customers that use digital currencies. And being that TAG Heuer takes pride in being at the forefront of the iGaming industry, the company feels like this giant leap towards integrating crypto was simply put, imminent.

Furthermore, the CEO of TAG Heuer, Frédéric Arnault, only confirms the forward-thinking concept of the watchmaker company, and that due to this way of work, it was only a matter of time before the Swiss timepiece manufacturer jumped the crypto bandwagon.

Speaking on the new partnership with one of the biggest names in the watchmaking world, the CEO and co-founder of Bitpay, Stephen Pair, recognize the huge opportunity to partner with a big name such as TAG Heuer, and assist in the process of accepting cryptocurrencies as a viable payment method, something that will further establish Bitpay as one of the best at what it does.