BITPoint to promote bitcoin

Bitcoin payment: Oda says BITPoint Japan is planning to give hundreds of thousands of Japanese retail outlets the ability to accept bitcoin. – Bloomberg

TOKYO: BITPoint Japan Co, the company behind Peach Aviation Ltd’s move to let travellers use bitcoin to pay for tickets, is planning to give hundreds of thousands of Japanese retail outlets the ability to accept the digital currency.

“We’re holding discussions with a retail-related company,” Genki Oda, BITPoint’s president, said in a recent interview. “By going through a company providing payment terminal services to shops, we have the possibility of increasing its use at one stroke. It’s easier than talking to lots of individual retailers.”