WeMakePrice to Accept 12 Cryptocurrencies

Largest e-commerce platform in South Korea is integrating 12 cryptocurrencies
29 January 2018   1847

Bitcoin, Ethereum, Litecoin and other crypto-currencies will soon be available as a payment option on South Korea's largest e-commerce platform WeMakePrice (Wemepu), CCN reports.

Integration of the cryptocurrency into OneThePay payment system, which WeMakePrice uses, will be implemented with the support of the leading exchange of the country Bithumb. Users will use the existing application without creating an additional account on Bithumb.

In an interview to HanKyoReh, the representative of WeMakePrice said that the decision to integrate crypto-currency became part of a broader initiative aimed at facilitating the process of paying customers for purchases.

Integrating cryptocurrencies is a part of our initiative to make payments more convenient for our consumers and clients. We consider mobile fintech apps, points, and cryptocurrencies as efficient payment methods.


It is also noted that this is the first time that the leading online retailer of South Korea will offer crypto-currencies as one of the main payment methods. It is expected that this solution WeMakePrice will contribute to the further popularization of the country's cryptocurrency. 

Santander to Deny XRP Token Usage Info

It turned out that bank uses xCurrent in One Pay FX instead of XRP token for international payments, as it stated earlier
25 March 2019   71

Santander, a large Spanish bank, in its Twitter spread incorrect information about cooperation with Ripple.

And although the majority of cryptocurrency holders reacted positively to the statement of Santander, some of them drew attention to the fact that this news had no effect on the growth of XRP trading volume.

It soon became clear that the bank provided incorrect information.

xCurrent allows Ripple customers to make payments using Fiat as well as digital currencies. A similar product, the operations in which are carried out using XRP cryptocurrency, is called xRapid.

Despite the official apology, some commentators suspected the bank of manipulating the market.