Japanese E-Commerce Giant Rakuten Begins Accepting Bitcoin in US
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....
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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....
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....
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....
Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling NFT content is planned to launch in 2023.
Rakuten Launches Non-Fungible Token Marketplace
During the last few years, the Japanese online retail giant Rakuten has been dipping its feet into the world of cryptocurrencies and blockchain solutions. In the summer of 2019, Rakuten launched a....
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....