Hinomaru Limousine and Carschs Holdings have partnered up with a regulated cryptocurrency exchange in Japan to enable payments for their businesses. Hinomaru Limousine has started accepting payments in cryptocurrencies for its airport taxi service and Carchs Holdings allows crypto payments at its used car dealerships.
On Tuesday, a partnership was revealed between Airport Car Service by Hinomaru and Bitpoint to trial cryptocurrency payments for the company’s airport taxi service between November 6th and November 9th. Bitpoint is one of Japan’s 16 regulated crypto exchanges which has recently announced two business alliances to increase merchant cryptocurrency adoption in the country.
Japan Accept crypto currency payment
Hinomaru operates a fleet of 362 limos and 161 taxis and was established in 1981. If this operation proves to be successful then it will be expected to include regular taxi rides. Crypto payments are accepted for the service between Tokyo’s 23 wards and the city’s two major airports Haneda and Narita, according to Bitpoint’s announcement. The fares range from 19,020 yen ($168) to 37.020 yen for Narita and 8,300 yen to 15,600 yen for Haneda.
There are two types of vehicles available and these are High-grade type (Tesla Model S) for four passengers and Minivan type (Toyota Alphard) for four to six passengers. Passengers must have a Bitpoint account and use the Bitpoint wallet app for either Android or iOS on their smartphone, to be able to pay with cryptocurrency. Payments in BTC, ETH and BCH are currently supported by the exchange’s wallet.
Bitpoint announced a business alliance, on November 1st, with Carchs Holdings Co. Ltd. To enable cryptocurrency payments at its dealerships.
Carchs Holdings was established in 1989 and currently operates 48 dealerships throughout Japan. 17 locations are in Kanto, 10 are in Kansai and in the Hokuriku and Chubu areas, 8 are in in the Hokkaido and Tohuko area and 3 are in the Chugoku, Shikoku and Kyushu region.
Two Carchs dealerships have started accepting crypto payments on November 1st with the assistance of Bitpoint. They will continue to accept them till January 9th next year. The two stores are Carchs Nangang in the Kansai area and Carchs Mega Sendai in the Hokkaido/Tohoku area. The two companies plan to develop virtual currency payment at all Carchs stores in the future. Carchs customers, just like with Hinomaru Limousine, need to have a Bitpoint account and use the Bitpoint wallet app to pay with cryptocurrency.
This post is also available in: Italian