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Author Topic: Yamada motor, Japan's largest consumer electronics chain, accepted bitcoin payme  (Read 19 times)
anzhanbei1214068
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March 10, 2018, 09:49:42 AM
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Yamada motor, Japan's largest consumer electronics retailer.

It announced that it would be the first to pilot bitcoin payments in two direct stores since January 27. It is reported that yamada motor this time trial bitcoin payment with the previous Bic.

The same is true of Bitflyer, Japan's largest encrypted currency exchange.

Last April, it announced that it would pilot bitcoin payments in two stores, followed by the announcement in July that it would roll out bitcoins in all its stores. It is expected that yamada will launch the payment option in more stores if the trial runs smoothly.
Independent research by Japanese mobile operator NTT Docomo and Kenkyo Investing, a Japanese investment research service, shows:


"Yamada motor is the largest chain of household appliances and electronics in Japan."


Yabai's guide to Japan's largest electronics store described it as follows:


"Yamada motor is considered to be the largest electronics store in Japan with a wide selection of products and reasonable prices."


Its products include computers, tablet computers, massage chairs, mobile phones, air conditioners, kitchen appliances, cameras, and home improvements. Most of the goods and old items are sold at a discount, and yamada is one of the best places for visitors to get more affordable products.


In the pilot project, two of Yamada's direct stores were the first to accept bitcoin payments, which are Yamada Denki LABI.

Shinjuku east exit pavilion and Concept Labi Tokyo.


The company said it chose the two stores because they had a lot of foreign visitors and became the best place to test digital currency integration. Currently, the consumption limit paid for using bitcoin is 300,000 yen ($2,760). To celebrate the success of the event, the top 500 consumers who use Bitflyer wallet will receive 500 yen.


According to Bitflyer, after the two stores completed the trial operation, they would deploy the bitcoin payment service in yamada, a japanese-wide range. In addition, recent Bitflyer just to enter the European market exchange further said: "through the cooperation with yamada click, we also dedicated to providing in Japan and overseas customers with more convenient."


In addition to providing additional payment options, yamada said:


"We will do more to increase recognition of bitcoin and further promote its use. With the launch of bitcoin payment services, we can respond to the different needs of Japanese and overseas customers. We believe that we can provide better services and bring more convenience.

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randythered
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March 10, 2018, 06:13:15 PM
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Just a friendly tip: in future try not to put a space between each line, it makes it very hard to read and follow.


It's not surprising to see large corporations in Japan accepting bitcoin as they are by far the most forward thinking country when it comes to bitcoin acceptance.  It's a shame that there's a limit on purchases of only $2760, this does not seem like that much but I guess it's with AML in mind.

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March 10, 2018, 06:40:11 PM
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woow .. this is a very good breakthrough, worthy in example by other country. If all countries adopt bitcoin as a means of transaction then it is very helpful and makes bitcoin users easy to make transactions for daily needs.
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