48,532 Japanese Merchants Can Accept Bitcoin in November with GMO
A few days ago, GMO Internet announced plans to allow GMO's 48,532 Japanese merchants to accept Bitcoin by November of this year. GMO Internet's payment solution, the GMO Payment Gateway, will soon have Bitcoin functionality alongside credit card and bank transfer options. BitFlyer was created by former Goldman Sachs trader Yuzo Kano in December of 2013, when he left his job to work with Bitcoin full-time. Since its launch in January of 2014, BitFlyer has taken on the challenge of reintroducing Bitcoin to the Japanese populace and repairing the damage caused by the Mt. Gox implosion. When....
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From less than a thousand, the number of merchants accepting Bitcoin in Japan has grown by more than four times in the last twelve months, according to a new survey by ResuPress Inc, the company that runs Coincheck, one of the major Bitcoin exchanges in the country. Aside from the Bitcoin exchange, ResuPress also provides Bitcoin payment processing for merchants very similar to the service BitPay offers. 4,200 Japanese shops accept Bitcoin. According to NHK, the survey shows that the number of stores that accept the digital currency especially on the Internet in the Japanese market....
A deal between bitcoin exchange Quoine and payments network Econtext will allow more than 20,000 online and eventually physical merchants to accept bitcoin in Japan. The move essentially allows merchants that already use Econtext's payment processing services in thousands of online stores to accept bitcoin payments without the need for a bitcoin-specific processor. The service will be available for businesses to use today. Quoine CEO Mario Gomez Lozada said his company had entered into discussions with Econtext last year, and has since done extensive integration work to connect it to....
One of the big news items in the realm of e-commerce over the past year has been Shopify's movement into the bitcoin space by allowing their 120,000+ merchants to accept bitcoin. It call started last November with a partnership with Atlanta-based BitPay, then followed by another partnership with San Francisco-based Coinbase. Today, it's been announced that yet another digital currency payment processor is partnering up with Shopify, and that's Santa Monica-based GoCoin. This effectively enables merchant to not only accept bitcoin, but to also expand that to litecoin and dogecoin should....
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....
As Japan prepares to enforce regulations upon bitcoin exchanges in the country this, a development that was encouraged by the local bitcoin industry, the number of merchants accepting the cryptocurrency is expected to quintuple to 20,000 this year. By 2016’s end, there were over 4,2000 bitcoin-accepting merchants and storefronts in the country, quadrupling from the total from 2015. The frenetic growth followed a bill, approved by the Japanese cabinet, to recognize digital currencies as real money, or legal tender. Tokyo’s ResuPress, a bitcoin payment processor that is also the operator and....