BitFlyer Deal Brings Bitcoin Option to 48,000 Online Stores in Japan

BitFlyer Deal Brings Bitcoin Option to 48,000 Online Stores in Japan

GMO Payment Gateway (GMO-PG) has partnered with bitFlyer to provide its 48,000 online merchants the option to accept bitcoin starting later this year. Founded in 1995, GMO-PG specializes in providing payment services to e-commerce platforms and mobile content providers. Data from Forbes suggests that the company, a subsidiary of the larger GMO Internet, nets $61m in annual sales and has a market capitalization of $374m. BitFlyer CEO Yuzo Kano framed the partnership as a "business-and-capital alliance" that will result in the creation a first-of-its-kind bitcoin settlement service in Japan,....


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