The chat app is the most popular in Japan, with 168 million monthly active users, Line, could soon integrate the digital currency. The company is in fact in talks with a number of companies for the introduction of crypto-currencies in its mobile payment service, Line Pay.
The integration of crypto-currencies by Line
The messaging solution the most used in Japan, Corp Line, is in the process of working on a project really ambitious. In fact, she wants to integrate crypto-currency into its payment service. According to sources, the company, based in Tokyo is currently in discussion with several companies about the use of virtual currency, for payment services, including Line Pay. The objective of the group is to create products to retain users and encourage them to turn to the application.
If you missed this announcement, here are the details :
Line Pay is the mobile payment service used in the chat application. Launched in 2014, it has signed agreements with more than 30 banks across Japan to enable instant transactions on its platform, confirms Mobile World Live. In may, Line Pay has reached 30 million users in Japan. Currently, the company is estimated to be over 10.75 billion. Today, it has about 168 million active users per month.
Rumors of a collaboration with Upbit
Line has not named the companies with which it discusses. In addition, there are rumors circulating according to which the company exchanges Bticoins Upbit would make it a party. However, a representative of the Line refused to comment on a potential collaboration with Upbit. The south Korean company is supported by Kakao Corporation, the group at the origin of the messaging application the most popular in the country, Kakao Talk.
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Since its launch in October, Upbit has quickly gained market share in South Korea. In December, the platform has said that its transaction volumes have surpassed those of Bithumb, the largest stock exchange in South Korea.
Source : NewsBitcoin