Thomson Wilks says it has become the first law firm in South Africa to accept bitcoin from its clients as a means of payment.
The medium sized firm which operates from hubs in Sandton, Cape Town and Durban, said payment via the crypto-currency technology is enabled by bitcoin investment company, Voomar.
It noted that increasingly, high profile companies including Dell, Expedia and Takealot.com, are accepting payment in bitcoin.
“Strategically, as the first and only law firm in South Africa to accept bitcoin, Thomson Wilks has immediately established a captive client base made up of all businesses and individuals wanting to pay their legal bills in bitcoin.”
“The digital currency revolution has arrived in South Africa. It has been fascinating to watch as its users grow exponentially,” said Thomson Wilks managing partner, Stephen Thomson.
“Through Voomar we can either hold and invest in bitcoin or convert it into Rands,” Thomson said.