AMSTERDAM, October 12, 2021 – Retail chain SCORE is leading the way in digital payment innovation by accepting cryptocurrency in its physical stores. SCORE has launched its first cryptocurrency payment demo at its branch in the Mall of the Netherlands in The Hague-Leidchendam. Customers can now make purchases with Bitcoin, Bitcoin cash, Dai, Ethereum, Litecoin and USD coin.
The men’s retail chain SCORE targets a fast-growing group active in the crypto world by launching payments using cryptocurrency. According to recent research by MarktEffect, 700,000 Dutch people and another 3.5 million Dutch people are interested in it. The payment provider chosen by SCORE is Coinbase commerce. This isn’t the first time that SCORE has surprised the retail world with an innovative approach. Previously, the chain pioneered the launch of the “order in store” service and video calls.
Says Frank Huisman, CEO of SCORE! “The result is the men’s jeans destination.” So we know what men are important and we know their needs. Building on this knowledge, we are today among the first retail players to benefit from the growing success of cryptocurrencies. This way we improve our services and invest in the future of payments. Cryptocurrency payment fits perfectly with our multi-channel strategy, you shop and pay the way you want. Whether the customer comes to the store or orders online, we provide him with the same best service everywhere with a free combination of online store orders, in-person shopping, video recording instructions and now cryptocurrency payments. “
Crypto and Blockchain Technology for the Retail Model of the Future
Regulators internationally are innovating and now leading the adoption of blockchain technology, of which cryptography is the first major application. Blockchain technology is more than just making money. Payments with a cryptocurrency holder make operations more efficient and transparent for consumers, and the world of blockchain opens up a whole new world of services.
Research agency BLOCKDATA conducts research into the social and economic developments of Blockchain technology and cryptocurrency. Owner Jonathan Knigel explains: “Blockchain and crypto technology is still in its infancy, but we are seeing that not only consumers, but also multi-billion dollar companies innovate and aggressively integrate blockchain into their businesses. This development is out of the public eye. But now that it is An integral part of our economy, it was only a matter of time before cryptocurrency made its way onto Main Street, and this is the first step towards an entirely new shopping experience for consumers in the United States, but also in the Netherlands via SCORE.
Niels Lucker, a BLOCKDATA partner, adds: “Imagine you walk into a store and then get an automated digital overview, so you can see exactly where your product is coming from. This is a technical step that makes blockchain possible. It provides a new level of transparency for the consumer, who in turn makes a more informed purchase. An evolution that seamlessly fits in with the innovations of the fashion world.”
Frank Huisman concludes, “With the best selection of luxury jeans brands and jeans specialists for the best advice, every man will find the perfect outfit at SCORE. Our success formula is the result of the right combination of knowledge, service and hospitality. We expand this by accepting cryptocurrency to facilitate payment.” After all, shopping pleasure and convenience are our top priorities.”
About Frank Huisman
Frank Huisman (49 years old) graduated from HBO Logistics and Economics at HAN in Nijmegen. He started his career at SCORE as a buyer with a mission of “Less Stock, More Return”. Driven by a winning mindset and career ambitions as a passionate leader of his team, Frank grew to become a Director of Supply Chain before joining the SCORE Board as Director of Supply Chain, where today he is the CEO of the SCORE Group. Its main driver remains the expansion and innovation of SCORE’s successful multi-channel business model
more than the result
SCORE is the men’s jeans destination, a retail brand with a selection of premium jeans brands. Buyers choose jeans collections from brands like Calvin Klein, CHASIN, Fred Perry, Cast Iron, Tommy Jeans, Lacoste and more. Our jeans specialists give the best advice to clients both offline and online and ensure a totally stylish look. SCORE has 60 stores in the Netherlands and Belgium and the web stores Score.nl and Scorejeans.be.
This article is a submission and is not the responsibility of the editors.