ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Business

Japan's Bic Camera to accept bitcoin nationwide

Electronics retailer expands system to all stores after successful trial run

Bic Camera's Yurakucho store

TOKYO -- Bic Camera will allow payments in bitcoin at all locations throughout Japan as early as this month, looking to provide more options for foreign and domestic shoppers.

The Japanese electronics retailer had begun accepting the cryptocurrency at certain Tokyo stores starting in April with the help of the Japanese bitcoin exchange bitFlyer. The more than expected popularity of this option prompted Bic Camera to expand the system to the rest of its locations, the company says.

Since bitcoin is used by many Japanese consumers, not just foreign visitors, Bic Camera will also start taking the virtual currency at some outposts of its subsidiary Kojima, which are typically found in the suburbs.

(Nikkei)

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more