Major Japanese retail store chain Marui has signed a partnership agreement with Bitcoin exchange Bitflyer that will enable it to accept Bitcoin payments in stores starting August 7. With this move, Marui becomes the first large department store chain in Japan to accept the digital currency for payment.
Plans to roll out to all 31 stores
Marui is a reputable and well-known chain of stores in Japan that features high-end fashion brands and designers, as well as boutiques. The department store is owned by Marui Group, which was founded in 1931 and incorporated in 1937. The group owns 31 stores across the country.
According to the Japan National Tourism Organization (JNTO), Marui’s department stores are among the top seven shopping attractions…