Japanese e-commerce giant Mercari to allow Bitcoin payments from June
Mercari has become a gateway for crypto adoption in Japan after launching several crypto-focused products and services on its platform.
Mercari, which is one of the largest Japanese e-commerce platforms, will allow users to purchase its flea market app-listed products using Bitcoin (BTC) starting in June.
According to a Nikkei report, the e-commerce platform will facilitate Bitcoin transactions via its Tokyo-based crypto exchange subsidiary Melcoin.
The prices of listed items in the flea market app will be displayed in Japanese yen, with an option to pay in Bitcoin. Vendors and sellers will still receive the paid Bitcoin in local fiat currency, as the marketplace will convert the BTC through its exchange partner in real time.
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