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

The lead singer of the group “Bez Obmezhen” answered why he never performed in Russia: “There are two reasons”

Sergei Tanchinets shared that he had never even paid attention to Russia. Sergey Tanchinets emphasized that the group did not make content for Russians / Screenshot of…

A German drone manufacturer has opened another plant in Ukraine

Vector reconnaissance drones developed by Quantum-Systems have been in use by the Defense Forces since May 2022. A German company has opened a UAV production plant in…

Named after Monica Bellucci: Azov fighters showed the work of the M109L self-propelled guns at the front

The country of origin and “year of birth” of the self-propelled gun are the same as that of the actress Monica Bellucci, in whose honor the “Azovites”…

How many Patriots does Ukraine need to seriously improve the defense of the sky: Lieutenant General explained

Ukraine needs dozens of Patriot air defense systems, the expert believes. Igor Romanenko said how many Patriot air defense systems can strategically improve the situation with the…

Attempts on Zelensky’s life show that he is a serious threat to the Russian Federation, – GUR

The whole world must understand that Russia is not a civilized enemy, they are insidious terrorists who use the most disgusting base methods, outside the framework of…

Microsoft has come up with a new restriction for users of pirated Windows

The new version of the OS will block the settings of the Edge browser, as a result of which the user cannot add it for himself. Microsoft…

Leave a Reply

Your email address will not be published.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