Because there is no bank involved like when using a debit or credit card, Bitcoin purchases are much like using cash; there is no paper trail.
Atlanta, GA (PRWEB) May 08, 2013
TruLite Industries, LLC, operating through TruLiteLED.com, will now accept Bitcoin as a payment method for purchases of LED grow lights.
Businesses accepting Bitcoin cite growing demand and privacy concerns for online purchases and TruLite's acceptance of Bitcoin is the first in the LED grow light industry. While a majority of their customers are individual & greenhouse growers of vegetables, herbs, and fruits, some are growers of cannabis in states where it is legal.
Using Bitcoin offers buyers an increased level of privacy in online transactions. Because there is no bank involved like when using a debit or credit card, Bitcoin purchases are much like using cash; there is no paper trail. In addition, if using a service like the Tor Project, online purchases are nearly impossible to trace, providing near total anonymity.
In addition to privacy and anonymity that customers enjoy, eCommerce businesses such as TruLite LED like using Bitcoin because of the much lower processing fees when compared to traditionl merchant services. Bitcoin also offers a high degree of fraud protection when selling products to overseas customers because purchases cannot be charged back like credit card payment can. This allows TruLite to keep their costs low and pass the savings on to their customers.
About TruLite Industries, LLC
TruLite Industries, LLC is a technology firm specializing in efficient horticultural products and operates in the business to business and business to consumer markets. TruLite sells directly through it's website, TruLiteLED.com and through approved distributors and retailers. To browse all available products, and learn about TruLite's support of garden based learning programs, visit the website. For sales or distribution inquiries, please call 855-254-1213.