The first major online Korean shopping mall, WeMakePrice, will now accept 12 kinds of cryptocurrencies, and Bithumb are discussing a system development plan, the partnership has confirmed thus far it will be enabling Bitcoin, Ethereum, and Ripple among others.
The partnership is aimed at enabling 12 kinds of virtual currencies, such as Bitcoin, Ethereum, and Ripple, to be used as payment means through WonderPay.
“There have been few cases where virtual money has been settled as a means of payment except for some small-scale Internet malls and small stores in Korea. On the other hand, foreign countries are actively trying to utilize virtual money as goods.
The popular online shopping malls of the US, 'Overstock' and 'NewEgg' have already introduced virtual money as a payment method, and Big Camera, a large electronics retailer in Japan”