Bitcoin adoption continues to grow rapidly worldwide. This adoption roundup features four merchants that recently started accepting the digital currency – a boutique hotel in Spain, parking lots, an electrical supply store, and online courses in Japan.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
Parking Lots
Park Realty Co. Ltd., which provides a parking lot sharing serving called QRpark, announced last week that it has started accepting bitcoin payments.
“It is the service to convert the industry’s first monthly parking lot into a temporary parking lot,” the company described. A parking lot owner just needs to set up a visible signboard on the premises to be shared. “Guests using the parking lot select the parking time at the time of parking and pay the fee using the [QRpark] application,” the company detailed, adding that “Compared to [traditional] coin parking, capital investment is small, so the price is also cheap.”
The announcement states that the company believes that this system will lower the vacancy rate of monthly parking lots, and expects that approximately 4,000 locations and 10,000 renters nationwide to use this service throughout the year.
The QRpark team wrote:
We decided to introduce a bitcoin payment service, expecting to increase the convenience for customers by increasing the means of payment and [it will] lead to the acquisition of new customers.
Electrical Supplies Store
Fujiden Corporation recently started accepting bitcoin payments at one of its stores in Japan – the Yawata Electrical Materials Purchasing Center. This is done through Japan’s largest cryptocurrency exchange by volume, Bitflyer. The company currently has 11 stores in Japan, mostly in Kyoto and Osaka. The Yawata location is in Kyoto prefecture.
“Cash settlement is the mainstream for electrical wires, electrical construction