Buyers can purchase automobiles with cryptocurrency in Singapore soon, powered by Bizkey

Bizkey
Bizkey Official
Published in
3 min readDec 7, 2018

We are thrilled to announce our partnership with MHG Cars, expanding Bizkey’s business ecosystem. With this partnership, Bizkey will provide crypto payment solutions for MHG’s showroom in Singapore, making MHG the world’s first automotive retailer that accepts crypto payment through POS system.

Bizkey’s intelligent blockchain-based POS system (Biz-POS) supports a variety of powerful applications to streamline and re-integrate merchants into the digital era. Prior, Bizkey launched Token Day in Singapore to encourage the public purchasing and spending with crypto. More than 30 retailers, including hotel, restaurants and shops, accepted various crypto currencies as payment. Now, with the new partnership with MHG, Bizkey will tap into automotive retail industry, further expanding its digital payment ecosystem.

MHG, a new age automotive retailer, will open on 18 December with the company’s mission of providing stable and reliable concierge services. With the support of established working partners HYPER and MONEYMAX, MHG offers car services ranging from car sales support to financing and insurance solutions. Considering the blockchain community in Singapore is impressively vibrant, many potential car buyers are cryptocurrency holders. By partnering with Bizkey, MHG will be able to accept 12 types of mainstream crypto currencies seamlessly with Biz-POS. Furthermore, Bizkey will support more stablecoins, like HKDT and GGC, in the future.

Bizkey and MHG’s cooperation will mark a significant development in blockchain retail industry. By incorporating MHG into its payment ecosystem, Bizkey will continue to honour its commitment to bring crypto payment to the masses. In the future, Bizkey plans to collaborate with MHG and other strategic partners to re-integrate the retail industry, bringing a more convenient and secure digital payment system to merchants and consumers.

About Bizkey

Bizkey aims to use blockchain technology to break the monopoly of payment solutions and level the playing field in data industry, to build a new ecosystem to return the benefits of transaction data back to the users and elevate the awareness of the value of data.

Bizkey’s Blockchain-based Intelligent POS system will enable the value transaction data would be distributed fairly to merchants and customers through BZKY tokens in return for their contribution to the ecosystem.

Telegram(EN) https://t.me/bizkey_chat

Telegram(ANN) https://t.me/bizkey_ann

Website https://bizkey.io/

Facebook https://fb.me/bizkey

Twitter https://twitter.com/bizkeyio

Blog https://medium.com/bizkeyofficial

About MHG Cars

At MHG Cars, they don’t stop at the purchase, they value what’s after. Beyond the traditional focus on retail experience, they have broadened the focus to the provision of a superior car ownership experience for their clients. Reliability is a business imperative at MHG. Their mission to ensure that each customer leaves the showroom knowing that they will be by their side throughout their journey as a car owner.

MHG Cars offer services including sale of new cars, pre-owned cars, trade-in, export, car financing, COE renewal, car insurance, specific car sourcing.

Address: 24 Leng Kee Road, Leng Kee Autopoint, 04–02A/B/C

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Bizkey
Bizkey Official

Re-integrating business with the decentralized economy.