Retail Giant Rakuten.com Now Accepting Bitcoin via Bitnet
Rakuten.com (formerly Buy.com), one of the oldest shopping sites on the web, has announced that it will begin accepting Bitcoin payments today using Bitnet. Rakuten.com is similar to Amazon in that it serves as a platform for multiple merchants, all of whom will be able to accept Bitcoin now thanks to the partnership with Bitnet. The company's executives were enthusiastic about the move, with President Fumio Kobayashi saying: "Bitcoin turned the Internet into a secure, seamless global payment network. By integrating with Bitnet we are now offering consumers the industry standard in secure....
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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....
E-commerce giant Rakuten has acquired the IP assets of the Bitnet payment platform and opened a blockchain lab in Belfast, U.K. Rakuten Blockchain Lab (RBL) will be a research and development organization focused on blockchain technology and its applications to fintech and e-commerce. Rakuten invested in Bitnet Technologies Ltd., a blockchain-powered digital payments platform, in 2014. Rakuten began accepting bitcoin payments last year using Bitnet, CCN reported. Rakuten.com is similar to Amazon in that it serves as a platform for multiple merchants, all of whom have been able to accept....
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....
Rakuten in talks with Bitnet to acquire its Intellectual Property to continue its research and development of blockchain solutions. It has been a bit over a year since Rakuten, the Japanese e-commerce major decided to use Bitnet to accept bitcoin payments on its platform. Now, the company is looking forward to acquiring the intellectual property rights for bitcoin-based payments system from Bitnet. According to reports on a prominent business magazine, Rakuten Inc. (TYO : 4755) and Bitnet Technologies Limited are currently involved in negotiations to trade intellectual property rights....