WeMakePrice, also known as Wemepu, one of South Korea's largest e-commerce sites, is beginning to accept payments with crypto currencies.The company plans to add 12 different crypto currencies , inculiding Bitcoin, Ethereum and Litecoin, to their payment options, which will work jointly with Bithumb, the country's largest cryptographic exchange.
WeMakePrice becomes the first South Korean e-commerce site to accept payment by crypt money
According to local media, WeMakePrice is cooperating with Bithumb on adding crypto currencies to its existing payment platform OneThePay. Once the integration is complete, existing WeMakePrice users will be able to purchase products and services using crypto currencies.
No Bithumb registration requirement
While Bithumb cryptographic currencies are directing the integration process to the WeMakePrice system, users will not have to sign up to Bithumb to use the crypto currencies in the WeMakePrice platform.Since crypto currencies will be integrated into the existing infrastructure, users will be able to easily make payments without needing an additional application.
"Part of a bigger initiative"
Speaking to HanKyoReh from South Korea's mainstream media outlets, the spokesman, WeMakePrice, said the company has decided to include cryptographic currencies as part of a larger initiative to ease the payment process for consumers.
Offering crypto notes as a primary payment option is a first
Another mainstream media outlet in the country, Ocutnews, reported that this was a major e-commerce platform and retail experience for the first time. Previously, no e-commerce site had offered cryptographic currencies as a primary payment option.
Crypto currencies are adopted more and more every day
Yesterday, we reported that Japan's largest electronics market is beginning to pay for Bitcoin. Yamada, the second electronic retailer that accepts payment of the country's crypto money with Bic Camera, announced that it will cooperate with the Japanese crypto money exchange BitFlyer.By adopting important cryptographic currencies such as Bitcoin and Ethereum in different sectors, it is expected that the crypto market will address consumers more in the coming period.