Retail Goliath Rakuten Now Allows Users To Pay With BTC, ETH And BCH

Japanese e-commerce titan Rakuten is now allowing customers to pay with Bitcoin (BTC), Ethereum (ETH), and Bitcoin Cash (BCH).

In a new announcement, the retail giant reveals it’s integrating the company’s crypto exchange subsidiary with their Rakuten Pay app.

The integration will allow customers to seamlessly convert their crypto into Rakuten Cash tokens which can then be spent at merchants.

According to the announcement, the conversion process costs nothing but has to be a minimum of 1,000 yen, which is about $9.40. Monthly limits are capped at 100,000 yen, or roughly $940.

Rakuten is Japan’s largest e-commerce company and provides a myriad of services such as online banking, a messaging app, and mobile phone coverage.

Keep reading Dailyhodl