South Korea’s Ecommerce Giant Is Integrating 12 Cryptocurrencies Including Bitcoin

WeMakePrice or Wemepu is one of the largest eCommerce platforms in South Korea. According to recent news, it is integrating 12 cryptocurrencies including Bitcoin, Ethereum and Litecoin in collaboration with Bithumb which is the country’s leading cryptocurrency exchange.

What’s more interesting is the fact that WeMakePrice is cooperating with Bithumb on adding cryptocurrencies to its existing payment platform named OneThePay. Once this integration is complete, the existing WeMakePrice users will be able to purchase items and services with cryptocurrencies as the payment method.

Users do not have to be registered with Bithumb in order to use their cryptocurrencies on the WeMakePrice platform. In fact, users can pay for goods using the same application. In an interview with one media outlet from South Korea, a spokesperson from WeMakePrice stated that the company decided to become part of a larger initiative in order to ease the payment process for general customers.

The spokesperson stated:

“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,”

Another popular mainstream media outlet reported that the integration is the first case where an ecommerce platform has decided to offer cryptocurrencies as a primary payment option ot its users. The integration of cryptocurrencies in the WeMakePrice platform, however, shows big enthusiasm for the long-term growth of the sector.