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Japanese E-commerce Heavyweight Mercari to Accept Bitcoin Payments
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Mercari, one of Japan’s biggest e-commerce platforms, says it will start accepting Bitcoin (BTC) from June this year.
Per a report from Nikkei, the firm will process Bitcoin payments via its Tokyo-based crypto subsidiary Melcoin.
Melcoin will convert all BTC payments into yen, meaning that while buyers can choose BTC pay, vendors will receive fiat.
The firm will stop short of posting prices in Bitcoin, with items listed for sale in fiat yen.
However, customers will be able to choose BTC as a payment method when making purchases on the website.
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