Rakuten Will Allow Cryptocurrency Payments at Thousands of Outlets in Japan

Japanese e-commerce giant Rakuten will allow its customers to pay with bitcoins and other cryptocurrencies at thousands of points of sale across the country. As writes Yahoo Finance, users of the Rakuten Wallet will be able to exchange bitcoins, Bitcoin Cash and Ethereum for Rakuten Cash’s own electronic currency, which, in turn, can be credited to the Pay App account or payment card.

The company promises not to charge commissions for such transfers. Conversion limits will range from 1 yen ($ 000) to 9,5 yen ($ 100) per month. This allows customers to pay for purchases with cryptocurrencies at thousands of retail outlets across Japan that accept payments using the Rakuten app or card.

This spring, the company plans to directly integrate its crypto wallet with the Pay App. Rakuten Wallet President Tatsuya Yamada previously noted that the company’s goal is to “Make cryptocurrencies available for everyday payments in Japan”… Rakuten later allowed customers to use the loyalty points they earned to buy cryptocurrencies.

Rakuten Wallet has over 95 million registered users, according to the financial holding JPMorgan.




If you notice an error, select it with the mouse and press CTRL + ENTER.

Related Posts

Zaporozhye NPP is dangerously close to an accident, – IAEA

Grossi says it is impossible to identify the UAVs involved in the attack. Zaporizhia NPP is under the control of Russian invaders / photo Energoatom International Atomic…

Iran attacked Israel after seeing Western weakness towards Ukraine – Sky News

There is a lot at stake. Authoritarian states are becoming increasingly bold / photo twitter.com/USNATO Iran’s attack on Israel and the war in Ukraine demonstrate the West’s…

The Russians advanced in the area of ​​four settlements, – DeepState

The 782nd day of a full-scale war in Ukraine begins. Heavy fighting with the invaders continues at the front / photo General Staff of the Armed Forces…

Israel vows to retaliate against Iran for missile attacks – Axios

According to the publication, Israeli Defense Minister Gallant cannot allow ballistic missiles to be launched on its territory without a response. Gallant says Israel has no choice…

Megaearthquakes led to the rise and fall of the “City of the Gods” in Mexico, scientists say

At one time, Teotihuacan was one of the largest cities in the world. Today all that remains of Teotihuacan is the central temple complex / fleet wikipedia.org…

There is a forecast of what the dollar exchange rate will be in the coming days

The majority of exchangers will work with a spread of 20-30 kopecks on the dollar and 20-40 kopecks on the euro, the expert noted. The NBU set…

Leave a Reply

Your email address will not be published. Required fields are marked *