Several major companies have started accepting cryptocurrencies as a form of payment, recognizing the growing popularity and
potential of digital currencies. Here are some of the notable companies that accept cryptocurrencies:
Major Companies Accepting Cryptocurrency
Technology and Retail
Microsoft
Details: Accepts Bitcoin for purchases in its online store, particularly for Xbox and Windows products.
Overstock
Details: One of the first major retailers to accept Bitcoin. Customers can use Bitcoin to buy a wide range of products, from furniture to electronics.
Newegg
Details: An online retailer specializing in computer hardware and consumer electronics. Accepts Bitcoin for a variety of products.
AT&T
Details: The first major U.S. mobile carrier to provide a cryptocurrency payment option via BitPay.
Automotive
Tesla
Details: Elon Musk announced that Tesla would accept Bitcoin for vehicle purchases. Though there have been fluctuations in this policy, it remains a significant milestone.
E-commerce and Online Services
Shopify
Details: Allows merchants to accept cryptocurrency payments through various third-party payment gateways like BitPay, Coinbase Commerce, and CoinPayments.
Etsy
Details: While Etsy itself doesn’t process Bitcoin payments, individual sellers can accept Bitcoin if they choose to.
Rakuten
Details: Japanese e-commerce giant accepts Bitcoin for its services.
Food and Beverage
Subway
Details: Some Subway locations accept Bitcoin as payment for sandwiches and other items.
Starbucks
Details: Allows customers to reload their Starbucks cards using Bitcoin via the Bakkt app.
Burger King
Details: In certain locations, Burger King has accepted Bitcoin for payments. This varies by country and region.
Travel and Hospitality
Expedia
Details: Accepts Bitcoin for hotel bookings through a partnership with crypto payment processor Travala.
Airbnb
Details: While not directly accepting cryptocurrency, Airbnb gift cards can be purchased with Bitcoin via platforms like Bitrefill.
CheapAir
Details: An online travel agency that accepts Bitcoin for flight and hotel bookings.
Entertainment
Twitch
Details: The popular streaming platform accepts Bitcoin and other cryptocurrencies for subscription payments.
AMC Theatres
Details: Announced it would accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash for online ticket purchases and concessions.
Online Services
Namecheap
Details: Domain name registrar and web hosting service provider that accepts Bitcoin for its services.
ProtonMail
Details: Secure email service provider that accepts Bitcoin for premium account upgrades.
WordPress.com
Details: Allows users to pay for upgrades with Bitcoin.
Payment Processors and Platforms
BitPay: A payment service provider that allows businesses to accept Bitcoin and other cryptocurrencies. Many companies use BitPay to facilitate crypto transactions.
Coinbase Commerce: A platform by Coinbase that enables merchants to accept multiple cryptocurrencies directly into a user-controlled wallet.
Notable Mentions
PayPal: Allows users to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. It also enables cryptocurrency payments at millions of online merchants.
Square (Block, Inc.): Through its Cash App, Square allows users to buy and sell Bitcoin. The company also holds Bitcoin on its balance sheet.
Industry Trends
The adoption of cryptocurrencies by major companies is still evolving. While some businesses have fully integrated crypto payments, others are experimenting or selectively offering the option. Regulatory changes, market volatility, and technological advancements will likely influence future adoption rates.
Leave a Reply