Published on : 2017-05-23 21:49:38

Transferring digital funds is becoming easier with the day by the use of growing technology shops accepting bitcoins. This is just a small example, there is no doubt many more companies are making the switch. Now, major bitcoin exchanges in Japan are teaming up with retailers to start a transaction revolution that would allow stores to accept Bitcoin payments. Bic Camera, Nagoya Station Bic Camera is a major consumer electronics retail chain in Japan. com – Respiratory medical equipment supplies store Shopify. The publication details: Customers are allowed to pay up to 100,000 yen ($904) using the cryptocurrency, and they will also get reward points at the same rate as for cash payments shops accepting bitcoins. QR codes are the biggest help in real-world bitcoin transfers. The first location is Bic Camera’s flagship shop in Tokyo’s Yurakucho district, and the other is Bicqlo Bic Camera which is the hybrid outlet with Uniqlo located in Shinjuku. Nikkei Asian Review, Japanese consumer electronics retail chain Bic Camera is going to try out a payment system using Bitcoin in two of its stores in Tokyo. ShopJoy – An Australian online retailer that sells novelty and unique gifts Lv.

By this summer, bitcoin will become a payment option at shops that use Recruit Lifestyle’s proprietary point-of-sale (POS) app called Airregi. Some companies have lingering doubt, due to the infancy of the market. Though some companies have taken the risk, some still doubt the currency. At the same time, Recruit Holdings’ retail support arm Recruit Lifestyle plans to work with Coincheck bitcoin exchange to implement a similar system. Bic Camera is not the only Japanese company to adopt cryptocurrency. Many of its stores are either located in front of a train station or are directly connected to one, making them very easily accessible with lots of foot traffic. These miners then receive cryptocurrencies in exchange. Many retail stores carry gift cards that can be bought with paper money. Recruit Lifestyle and Coincheck Meanwhile, another major Japanese bitcoin exchange, Coincheck, has partnered with Recruit Lifestyle, the retail support arm of human resources conglomerate Recruit Holdings. Only introduced 5 years ago, Bitcoin is still growing.

“Bitcoin will be accepted at 260,000 shops by this summer,” the company stated. com, adding that currently the company “holds 99% of bitcoin payment market share”. Bitcoin is an example of a cryptocurrency, i.ZCoin.
. Though not all companies have made the switch, most have taken notice of the quick trend. In addition to cash payments, some of the most popular electronic payment methods are Suica and Rakuten’s Edy, which are rechargeable contactless smart cards. 260,000 Stores Will Accept Bitcoin While Nikkei reports that about 4,500 stores in Japan currently accept bitcoin as payments, in an interview with Bitcoin. To do this, it will partner with Bitflyer, which is the largest bitcoin exchange by volume in Japan. com – Games for PC, Mac and Smartphones (iPhone, Android, Windows) Suntimes. How many of the 260,000 merchants do you think will actually start accepting bitcoin payment s BigFishGames. .


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