RAKUTEN ADDS CRYPTOCURRENCY IN ITS APPLICATION

The Japanese Corporation will introduce digital money support in Rakuten Pay in spring 2019.

One of the largest online retailers in the world, Rakuten will add cryptocurrency support to its mobile app. The updated version of the Rakuten Pay program will be presented on March 18 this year, according to the financial statements of the Japanese Corporation for 2018.

In January, the company announced that it had included Everybody’s Bitcoin exchange in the new payment division. The retailer bought the platform in August 2018 for $2.4 million, its representatives explained that they believe in the role of cryptocurrency payments in e-Commerce and offline retail, as well as peer-to-peer payments in the future.

Rakuten accepts Bitcoin payments through its American portal in March 2015. Earlier, the head of the exchange Binance Changpeng Zhao suggested that Amazon will launch its cryptocurrency, as Internet companies need digital money.