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November 20, 2013

UK language school first to accept Bitcoin

bitcoin-logo.jpgThe PIE (Professionals in International Education) News reports on the first English language to accept student payments in the internet currency, Bitcoin.

A2Z School of English has become the first language school in the world to accept the internet currency, Bitcoin payments. The school, which has branches in London, Manchester and Dublin, started accepting payments using the digital currency for its courses and accommodation on 5 November. Customers using Bitcoin will pay the same rate as those using sterling or euros, and can set up payments through an online registration system.

Operations director Rishi Maudhub said that it makes sense for the school to explore digital payments, given its investment to date in technology for the classroom. He told The PIE News: “It’s great to have a payment method that is complementary in its technological nature.”

“Why not do it now? No one else if doing it now,” he added. “We’ve invested heavily to make sure that it’s a secure medium. There’s no point waiting for a competitor to come along and try it first.”

Read the full article from The PIE News.

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