Deal Brings Bitcoin Option to Over 20,000 Japanese Retailers
A deal between bitcoin exchange Quoine and payments network Econtext will allow more than 20,000 online and eventually physical merchants to accept bitcoin in Japan. The move essentially allows merchants that already use Econtext's payment processing services in thousands of online stores to accept bitcoin payments without the need for a bitcoin-specific processor. The service will be available for businesses to use today. Quoine CEO Mario Gomez Lozada said his company had entered into discussions with Econtext last year, and has since done extensive integration work to connect it to....
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Bitcoin exchange Quoine and payments network Econtext recently struck a deal that can allow over 20,000 online and physical retailers in Japan to start accepting bitcoin payments soon. Merchants that are already using Econtext's payment processing services in thousands of online stores can accept bitcoin payments without having to register under a bitcoin-specific processor. This deal has been in the works since last year and is already available to businesses this month. "For us, it's a pretty significant deal," said Quione CEO Mario Gomez Lozada. More Merchants Accepting Bitcoin....
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,....
It is good to see Japanese retailers embrace bitcoin payments all of a sudden. Bitcoin is starting to gain mainstream traction in Japan. Earlier this month, the government introduced a new regulation legalizing cryptocurrencies. As a result, two of Japan’s largest retailing groups will enable bitcoin payments moving forward. In doing so, the groups aim to promote bitcoin as a mainstream payment method. An interesting turn of events, and one that spells a bright future for bitcoin. It is good to see Japanese retailers embrace bitcoin payments all of a sudden. Bic Camera, a major electronics....
Southampton Football Club, a soccer team currently ranked 13th in England’s Premier League, recently signed a new sponsorship deal that includes an option for the club to be paid certain performance-based bonuses in bitcoin. The deal also extends the club’s partnership with the Coingaming Group as Main Club Partner for a further three years. Also, as part of the new agreement, Coingaming Group’s brand, Sportsbet.io will continue as the club’s front-of-shirt sponsor. In a statement issued on April 8, the club explains the rationale behind the decision to include....
A new cryptocurrency-inspired television show called BitGirls will air on Tokyo MX TV this fall. The Japanese show features an interactive blockchain voting platform and a girl group crowdsale. Japanese TV Show BitGirls to Air on Tokyo MX TV. The first season of the show features three young women from Japan. Known as the “BitGirls,” Kaori, Chika and....