Japan’s e-commerce giant Mercari plans to accept BTC payments: report | Headlines | News | CoinMarketCap
01/08/2024 15:14
Mercari, Japan’s digital flea market platform with over 22 million monthly active users, is planning to allow users to purchase products in bitcoin …
Mercari, Japan’s digital flea market platform with over 22 million monthly active users, is planning to allow users to purchase products in bitcoin by June this year, according to Nikkei.
Payments in bitcoin are set to be hosted by the company’s Tokyo-based blockchain subsidiary, Melcoin. While prices on Mercari would remain displayed in Japanese yen, users of the app would be able to make payments with the world’s largest cryptocurrency by market capitalization, according to the report.
Melcoin plans to serve as an intermediary that transfers bitcoin to the seller in yen, imposing transaction fees similar to those in sales made in fiat currency. It remains unclear if users would be charged the same amount of fees.
In March 2023, Mercari launched its own bitcoin exchange, …