Retail Giant Rakuten Enables Bitcoin Payments for US Customers

Retail Giant Rakuten Enables Bitcoin Payments for US Customers

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....


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“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,....

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