We enable the first crypto payments in the jewellery and retail sector in Europe

October 7, 2020
Lunu terminals installed in Courbet’s showroom

On the 23rd of September, we celebrated with Courbet a ground-breaking partnership in their showroom Place Vendome.

Our technology will allow Courbet’s customers to pay in cryptocurrencies in-store via electronic payment terminals (EFTPOS terminals) and on its website via the Lunu widget – which facilitates the same processing and exchange functions for crypto customers online as the Lunu Terminal offers in-store. Through this partnership, Courbet will be the first jewellery brand in Europe to offer its customers the possibility to pay for their purchases using cryptocurrencies.

Ethereum Blockchain is at the basis of many existing stable coins. Artem Shaginyan, Co-founder and CEO, Lunu Solutions with Dounia Agharbi, Marketing Lead at ConsenSys.

This partnership will also benefit end users as we don’t impose our own exchange rate for cryptocurrency conversions. What’s more, the transaction fee on both the terminal and the widget is just 1%, compared to commissions of 1.5 to 3% charged by other traditional payment systems. Additionally, neither the customer or the retailer have to pay additional fees as the retailer receives fiat money in its bank account and the customer does not pay any commissions during the transaction.

Manuel Mallen, President and Co-founder of Courbet (to the left): "After announcing the use of synthetic diamonds and recycled gold, we are proud to position ourselves at the next technological frontier represented by crypto payments. This progress is also being made with Lunu, a trusted partner with whom we share values in terms of social responsibility."

This partnership is about more than just two companies coming together. It also represents the convergence of two complementary visions, as both brands share the same values in terms of corporate social responsibility. While Courbet has announced the use of synthetic diamonds and recycled gold, we are supporting Oceans in Transformation, an exhibition organised at Ocean Space (Venice) by the TBA21 Academy Foundation, a collective committed to protecting and safeguarding the oceans through science, technology and art.

Lunu's technology is already available in Courbet’s showroom Place Vendôme and on its website

The terminals are now fully operational in Courbet’s showroom and transactions have already been made. What are you waiting for?