You got a few Bitcoins to spend? There are several companies out there that can offer you their products and services and you can pay with Bitcoins.
The growth of Bitcoin and cryptocurrencies has become a global phenomenon in the last decade. Business and individuals are increasingly fascinated and excited about this new dispensation of blockchain and digital currencies. Countries to have not been left behind, just recently Japan declared Bitcoin a legal tender. The trend is being anchored by large companies that are now accepting Bitcoins as payments. Below we look at the 10 major companies that accept payments in Bitcoin.
Online electronic retailer, Overstock was one of the first large consumer firms to adopt Bitcoin payments. The company is not only accepting Bitcoin payments but also other digital currencies such as Ethereum, Litecoin, Dash, and Monero. Besides, accepting digital payments the company is also invested in holding Bitcoin reserves.
In August of 2014, satellite TV operator and ISP accepted its first Bitcoin payment.
The company has partnered with Bitcoin exchange platform Coinbase to implement a payment system for its services. According to the company accepting Bitcoin payments is aimed at providing customers convenience and a choice of what they want.
Tech giants Microsft has been on the front foot in adopting Bitcoin payments for its products on Windows and Xbox stores. The company has also been a frontrunner in promoting digital currencies and blockchain technologies through the Microsoft Azure Blockchain platform.
The software company behind QuickBooks and TurboTax is also accepting Bitcoins for its products and services. Partnering with payment platform Bitpay customers are allowed to transact with no additional fees or charges for this add-on service.
Paypal is a payment processing platform that accepts Bitcoin through its partnerships and integration with Braintree, CoinBase, GoCoin, and BitPay. While the company does not directly allow Bitcoin these partnerships to accept Bitcoin on behalf of Paypal.
Moving company, Roadway began to accept Bitcoins towards the end of 2017. The company cited the lack of sales taxes as one of the reasons for accepting Bitcoins. Roadway, however, only accepts payments from hot wallets.
Pizza for coins.
Verified Pizza joints such as Dominos, Pizza Hut, and Papa John’s allow payments in Bitcoins as well as other popular cryptocurrencies. In fact, some pizza for coin joints only allow payments in digital currencies.
The gadget selling company has been known for purchasing cryptocurrency mining hardware. The company now accepts Bitcoin through its payment processing partner BitPay.
commerce platform Shopify began accepting Bitcoins in 2013. The company has partnered with BitPay to facilitate and support payments in Bitcoins. Merchants on the platform can, therefore, opt to receive payments for their products and services in Bitcoin.
The online travel booking agencies accept Bitcoin payments for hotel bookings. The company is yet to start accepting bitcoins for other services but is widely expected to do so in the near future. Expedia Bitcoin payment is implemented and supported by CoinBase.
The above-mentioned companies are just a few of the many companies that are continuing to embrace and adopt Bitcoin payments. Going into the future more and more companies are bound to join this bandwagon. It is, however, important to note that the volatility of Bitcoins and other cryptocurrencies has prevented most small companies from accepting cryptocurrency payments.