E-Commerce Giant Rakuten Says Bitcoin Acceptance Likely
The CEO of Japanese e-commerce giant Rakuten has repeated his conglomerate's intention to probably accept bitcoin at some stage, at a company financial conference in Tokyo today. Without disclosing a specific timeframe in which it might happen, company CEO Hiroshi Mikitani said: We are thinking about [accepting bitcoin] and we probably will. The CEO, one of Japan's wealthiest individuals, previously revealed his interest in bitcoin in a speech last July. According to a Wall Street Journal report, Rakuten has formed a department to study digital currencies and has invested in US-based....
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Rakuten is one of the largest global e-commerce companies in the world. They have just announced that they are implementing Bitnet's digital commerce platform to enable its sites to accept bitcoin. You have a huge range of shopping options from Rakuten. Fashion, Kids, Baby & Maternity, toys, hobbies and games, electronics, beauty and health, home and garden, sports, outdoors and cars, and more. Currently the ability for customers to purchase their items and pay with bitcoin is only live on the Rakuten's US site, Rakuten.com. However, it shall soon be followed by rollouts worldwide starting....
“Rakuten’s mission is to empower the world through the Internet,” commented Yaz Iida, President of Rakuten USA. “Not only can bitcoin support this vision by helping our merchants better compete globally, but it also has the potential to benefit society by enhancing the security, privacy, and convenience of financial transactions.” Rakuten, a giant in Japan’s business world, will now allow US customers to pay for items on its website, Rakuten.com (formerly buy.com), which offers almost everything one could think to buy. From kitchen appliances, office supplies, videos games, books and more,....
The CEO of Japanese e-commerce giant Rakuten, Hiroshi Mikitani, has announced in a speech that his company will probably accept bitcoin "sooner or later", according to a report. The news, published in major daily newspaper Mainichi Shimbun, is significant as the Rakuten Group is the country's premier online retail conglomerate, and one of the world's largest, with a network of over 40 businesses worldwide and over 10,000 employees. Another potentially interesting angle is that Rakuten has its own bank, offers credit cards, has its own securities brokerage and runs the e-cash network of....
Rakuten announced that it plans to enable customers to choose bitcoin as a payment option by integrating Bitnet's payment processing platform on a number of its marketplaces. The Internet services giant will begin accepting the new payment method first in the United States, then in Germany and Austria. The integration with Bitnet's platform will make Rakuten one of the largest e-commerce companies in the world to accept bitcoin payments. "Rakuten's mission is to empower the world through the Internet," said Yaz Iida, President of Rakuten USA. "Not only can bitcoin support this vision by....
Japanese e-commerce giant Rakuten has integrated its US site with bitcoin payment processor Bitnet, enabling customers in America to pay with the digital currency. Often considered a rival to Amazon, Rakuten has also confirmed plans to roll out bitcoin integration to both its German and Austrian e-commerce sites. Yaz Iida, president of Rakuten USA, said the company's mission was to "empower the world through the Internet". He added: "Not only can bitcoin support this vision by helping our merchants to compete globally, but it also has the potential to benefit society by enhancing the....