October 4, 2023

Honda Accepts Payment Via Crypto

Honda

Honda

Honda, the large Japanese car company, has teamed up with FCF Pay, a blockchain-based payment system, to allow customers to buy Honda products using cryptocurrencies instead of traditional types of money.

FCF Pay is a well-known payment system that accepts major cryptocurrencies like Bitcoin, Ethereum, and Ripple and meme coins like Shiba Inu, Dogecoin, and PepeCoin.

By partnering with Honda, FCF Pay is not only improving the customer experience but also pushing Japan to the forefront of the Web3 industry.

Honda customers can now use digital assets such as BTC, ETH, XRP, and BNB to make payments, as well as stablecoins like USDT and USDC and even meme coins like DOGE, SHIB, PEPE, and FLOKI. Currently, FCF Pay is only available to US citizens, but will eventually expand to other countries.

According to FCF Pay, customers will need to pay a fee of $3 plus 2% in cryptocurrency when making payments. Additionally, Honda customers can use cryptocurrencies to pay for leasing or renting Honda cars or motorcycles. By collaborating with FCF Pay and other notable organizations, Honda is taking a significant step towards adopting cryptocurrency and integrating blockchain technology.

Honda recently made two noteworthy announcements related to cryptocurrency and NFTs. At the FORMULA 1 Honda & Red Bull welcome event in Tokyo, Honda unveiled a limited edition NFT exclusively for the Japanese market.

The company distributed Honda KEY NFTs to all fans participating in the September FORMULA 1 Honda & Red Bull ticket lottery. Additionally, event attendees received a commemorative NFT as a token of appreciation, distributed to ticket holders after the event. Honda has also invited its fans to visit the Honda stand at the 2023 F1 Japanese Grand Prix at the Suzuka Circuit.

This launch of Honda’s signature NFTs was a collaboration with Animoca Brands Japan, which was established to support the global Web3 strategies of Japanese intellectual property and content owners.

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