A1 Garage Door Service Accepts First Bitcoin Payment
A1 Garage Door Service owner and CEO Tommy Mello greets the first A1 customer to pay for a new garage door and opener system using cryptocurrency.
PHOENIX - August 31, 2021 - (Newswire.com)
A1 Garage Door Service is joining the list of businesses now accepting Bitcoin and cryptocurrency as payment from customers. The Phoenix-based garage door sales and service company processed its first Bitcoin payment earlier this summer.
"It's a historic day for the company, a historic day for me, and I think it's going to launch A1 Garage Door Service into the future," said owner and CEO Tommy Mello.
For consumers, this is a continued shift in businesses accepting Bitcoin and other cryptocurrency alongside traditional payments such as cash, check and credit card. A1 Garage Door Service is one of the first home services companies to offer the option.
A1 Garage Door Service uses Coinbase, a digital asset exchange and marketplace for securely sending and receiving cryptocurrencies, to process payments. Customer invoices are based on the current exchange rate between Bitcoin and the American dollar.
The company accepted its first payment earlier this summer from a customer purchasing a new garage door and opener system for a remodeling project. With the housing market continuing to climb, homeowners are taking advantage of home improvement projects.
The garage door represents 40% of the curb appeal of the home, and garage doors offer one of the best return on investments of any home upgrade. Adding Bitcoin to the list of accepted payment options gives customers even more opportunity to update the smile of their home.
"I truly believe the world is turning to cryptocurrency," Mello said. "I believe decentralized monetary sources are going to be the next big thing. The smartest companies in the world are starting to look at it, and we're getting in early."
About A1 Garage Door Service
Founded by Tommy Mello in 2007, A1 Garage Door Service has been established as a national leader in the garage door service and sales industry. Based in Phoenix, Arizona, A1 Garage Door Service employs more than 350 team members in more than 30 markets in 16 states from coast to coast. The company projects revenue exceeding $75 million in 2021.
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