South Korean Outlets to Make Crypto currencies Available 27/3/2018

[hasyu]

A South Korean cryptocurrency exchange Bithumb and a mobile payment service provider Pay started a partnership at thousands of stores across the country to make cryptocurrencies available.

As explain in the Korea Times both companies are going to work together to bring crypto currencies to six thousand (6000) outlets by the first half of the year with a planned growth to eighty thousand (80000) by the end of the year. Additionally some two hundred (200) franchise brands are also reportedly going to signing onto the initiative enabling crypto currency holders to use Pay’s mobile payment service platform for making payments in crypto currencies.

In announcing the partnership official said on Monday that work help in adoption and use of cryptocurrency payments in many areas of society. Also they has started partnership largest hotel of South Korea booking platform in recent weeks to include cryptocurrency payments.

The effort to stand in a crypto currency payments ecosystem is indicative of similar moves in Japan where in a many retailers started accepting crypto currencies like bitcoin. A similar partnership between a domestic crypto exchange and a payments provider has seen in Australia.
For more news visit the form that has the latest news about cryptocurrency http://cryptalks.org/.

[Jomorey]

South Korean exchanges are the best regards to the cryptocurrency rates as they provide the most high rates for the BTC and Altcoins. South Korea is taking huge interest in the crypto world and their journey is quite appreciable so far. Will it lead the crypto world in the future?