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Market News

Honda Accepts Crypto Payment Including Bitcoin And XRP

The FCF pay is only available for US citizens for buying, renting, or leasing Honda products, but it will expand to other countries in the future.

Written By:
Jalpa Bhavsar

Last updated: October 3, 2023 11:38 AM
Published October 3, 2023 11:38 AM
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Last updated: October 3, 2023 11:38 AM
Published October 3, 2023 11:38 AM
Honda accepts crypto Payment including Bitcoin and XRP

Honda, the Japanese automobile giant, has partnered with the blockchain payment system FCF Pay to enable customers to purchase Honda products in crypto currencies instead of traditional fiat currencies. 

https://twitter.com/fcfpay/status/1706950991562551310

A leading payment system, FCF Pay, has adopted major cryptocurrencies including Bitcoin, Ethereum, and XRP, as well as meme coins like Shiba Inu, Dogecoin, and PepeCoin. A collaboration made by Honda is not just for enhancing the customer experience but is also forcing Japan toward the forefront of the Web3 industry.

Now, customers of Honda make payments using not only digital assets such as BTC, ETH, XRP, and BNB, but also stablecoins like USDT and USDC, and even meme coins like DOGE, SHIB, PEPE, and FLOKI. 

In this first phase, the FCF pay is only available for US citizens, but it will expand to other countries in the future. As per FCF Pay, customers can expect a fee of $3 + 2% in cryptocurrency when making payments. Additionally, customers can pay for leasing and renting Honda cars or motorcycles using cryptocurrencies. 

The partnership between Honda and FCF Pay, along with other notable collaborations, represents a significant step toward cryptocurrency adoption and blockchain integration.

Also Read: Honda Partners with Animoca Brands for Formula 1 NFTs

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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