JCB, one of the best credit card companies in Japan, will be working with blockchain technology soon, according to a report from CoinTelegraph. These clients will work with multiple businesses in establishing blockchain networks.
The group has signed what is called a Memorandum of Understanding (MoU) with Paystand, a blockchain startup, in order to save money and streamline offerings in whatever way they’d need.
The focus will be on smaller and medium-sized businesses in Japan, it seems. That, and they want to work with blockchain due to help with increasing taxes.
According to a press release from the startup, translated from Japanese, an invoice system will be put into place as well:
“From October 2023, an invoice system (qualified invoice storage system) ( *) Will be introduced. As business processes become more complex, the need for digitization and cashlessness in the B2B payment market is expected to increase in the future. JCB and Paystand aim to realize a payment service that is beneficial to both suppliers and buyers by providing a convenient and low-cost B2B payment platform that responds to such complex business processes.”
Paystand has experience in multiple countries around the world, such as the United States, Mexico, and Canada. From there, the group is looking to move to expand to Europe and Asia, and part of the start of that expansion is Japan.
Trusted & Regulated Stock & CFD Brokers
What we like
- 0% Fees on Stocks
- 5000+ Stocks, ETFs and other Markets
- Accepts Paypal Deposits
Min Deposit
$200
Charge per Trade
Zero Commission on real stocks
64 traders signed up today
Visit Now67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Available Assets
- Total Number of Stocks & Shares5000+
- US Stocks
- German Stocks
- UK Stocks
- European
- ETF Stocks
- IPO
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 Zero Commission
- NASDAQ Zero Commission
- DAX Zero Commission
- Facebook Zero Commission
- Alphabet Zero Commission
- Tesla Zero Commission
- Apple Zero Commission
- Microsoft Zero Commission
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account
- Paypall
- Skrill
- Neteller
What we like
- Sign up today and get $5 free
- Fractals Available
- Paypal Available
Min Deposit
$0
Charge per Trade
$1 to $9 PCM
Visit Now
Investing in financial markets carries risk, you have the potential to lose your total investment.
Available Assets
- Total Number of Shares999
- US Stocks
- German Stocks
- UK Stocks
- European Stocks
- EFTs
- IPOs
- Funds
- Bonds
- Options
- Futures
- CFDs
- Crypto
Charge per Trade
- FTSE 100 $1 - $9 per month
- NASDAQ $1 - $9 per month
- DAX $1 - $9 per month
- Facebook $1 - $9 per month
- Alphabet $1 - $9 per month
- Telsa $1 - $9 per month
- Apple $1 - $9 per month
- Microsoft $1 - $9 per month
Deposit Method
- Wire Transfer
- Credit Cards
- Bank Account