Are you aware of the e-shopping site called Shoppe? This platform was first launched in Singapore in 2015 then reached to Malaysia, Thailand, Taiwan, Indonesia, Vietnam and the Philippines. Basically covering the south east asia. It got me thinking how Uber accepted bitcoin and I wondered if is it possible that e-shopping site accepts bitcoin?
Maybe not. Shopee is known for very cheap items and I doubt there will be people wanting to pay in bitcoin. And is bitcoin that big in south east asia? But I thought that if bitcoin gets accepted in shopee, it will be a huge sign of adoption.
I didn't know about the existence of Shopee because, as I understand, it's a regional website and not a global one. It's a very popular website in South Asia. E-commerce websites can accept Bitcoin at any time but they don't do it because there are regulatory issues. They also need to sell products ina stable environment and it's not an easy task to accept Bitcoin transactions within a few hours and not be affected by its volatile price. I believe that soon there will come time when major e-commerce websites will accept Bitcoin payments.Maybe not. Shopee is known for very cheap items and I doubt there will be people wanting to pay in bitcoin. And is bitcoin that big in south east asia? But I thought that if bitcoin gets accepted in shopee, it will be a huge sign of adoption.
Is Shopee in the list of top 10 e-commerce websites? Is it nearly as popular as Amazon, eBay and Etsy If it is, then Bitcoin adoption by them will be a very good sign and it will leave its footprint.
I think I read somewhere that Shoppee has a similar system now through a third party, using shoppee pay if I'm not mistaken, though I said the other day that the online shop hasn't
made any announcements yet.
But even so, if that really happens, it would be a good step for Shoppee to take because it would increase the number of adoptions in the bitcoin
industry in my view for the future I think.
Yes, Shopee is big in SEA countries, you can consider it as the Amazon of Southeast Asia. I would say that it's part of the top 5 of the biggest e-commerce websites in SEA, however, Shopee hasn't considered nor touched base about Bitcoin as becoming an additional payment method. You can use these third-party services that provides a workaround in purchasing products from Shopee, but the journey/process in doing this is quite long, honestly I'll just convert my BTC to fiat and choose Cash-on-Delivery as my payment method to skip the hassle.
