Rakuten US Subsidiary Begins Accepting Bitcoin
Rakuten Super Logistics, an order logistics company owned by Japan-based e-commerce giant Rakuten, has begun accepting bitcoin payments for its shipping services. The integration comes nearly a month after speculation began that the e-commerce company could soon leverage bitcoin as a payment method. In July, CEO Hiroshi Mikitani said in a speech that he believes Rakuten will adopt bitcoin "sooner or later". As reported by Tech In Asia, Rakuten Super Logistics cited consumer demand as the reason for the decision. Company CEO Joseph DiSorbo said that by adopting bitcoin, the company has....
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One of the world's largest e-commerce companies is apparently considering accepting bitcoin. That's according to the company's CEO, Mr. Hiroshi Mikitani, who has said that "sooner or later", Rakuten will allow its customers to pay for goods with digital currency. The quote (via CoinDesk.com): The Internet revolution is accelerating this year and I imagine that, sooner or later, Rakuten will start accepting money in the form of bitcoin (an internet virtual currency). The story originated from Chinese newspaper Mainichi Shimbun, though unfortunately, further details as to when or if this....
Despite starting on a very poor note, 2015 is turning out to be a very great year for Bitcoin - at least the first quarter. After the near-inclusion of Bitcoin Investment Trust among the US's publicly traded exchanges, followed by an impressive price rally towards $300, the digital currency added another feather to its cap after being accepted by none other than Rakuten, a renowned Japanese e-commerce giant with verticals across 13 countries. However, the company planned to introduce Bitcoin payments for the US customers only, probably because of the growing digital currency regulations....
Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending. Crypto-friendly Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings in everyday transactions. According to an announcement published on Feb. 24, users are now able to load up their Rakuten Pay accounts seamlessly with their wallet holdings of Bitcoin (BTC), Bitcoin Cash (BCH) and Ether (ETH). Rakuten Pay is a mobile....
E-commerce giant Rakuten has acquired the IP assets of the Bitnet payment platform and opened a blockchain lab in Belfast, U.K. Rakuten Blockchain Lab (RBL) will be a research and development organization focused on blockchain technology and its applications to fintech and e-commerce. Rakuten invested in Bitnet Technologies Ltd., a blockchain-powered digital payments platform, in 2014. Rakuten began accepting bitcoin payments last year using Bitnet, CCN reported. Rakuten.com is similar to Amazon in that it serves as a platform for multiple merchants, all of whom have been able to accept....
The Japanese e-commerce giant Rakuten.com announced today that it has completed the integration with Bitnet's payment processing platform in order to accept Bitcoin in payment. The complete press release can be read here. Shoppers will now receive complete consumer protection while making payments in Bitcoin to merchants through Rakuten.com. Rakuten.com will also be running a bitcoin promotion campaign from April 1. The president of Rakuten.com Fumio Kobayashi said, "Bitcoin turned the Internet into a secure, seamless global payment network. By integrating with Bitnet we are now offering....