Bitcoin is the largest and the most popular digital currency in the world. It is also the most valuable currency in the Crypto Market. Many large companies are accepting Bitcoin as a valid mode of payment. Over the last ten years, bitcoin has significantly gained prominence and is still growing. There are hundreds of companies today that accept Bitcoin for the purchase of their goods and services. Even some people find using Bitcoins for transactions more convenient than their national currencies.
So, below you’ll find 20 major companies that accept Bitcoin through their websites for their products or services:
Microsoft started accepting Bitcoin in 2014 when it started taking payments for its games and other digital content via Bitcoin. Although, Microsoft stopped accepting Bitcoin for about a week in 2018 January, because of its volatility at that time. Currently, Microsoft accepts Bitcoins for the majority of its digital goods available through its store, including Xbox Games, Music, Video Stores, etc.
Following Microsoft’s move to accept Bitcoins, PayPal joined the Bitcoin community as well, three months after Microsoft.
This move by PayPal was intended to draw business to its platform. Plus point for the customers was that the transaction fee for Bitcoin was lower than the fee charged by the credit card transactions made on PayPal. Today, PayPal allows its users in the United States to Buy, Sell or Hold Bitcoins on its digital platform.
Overstock is a famous American online retailer that sells big-ticket items at lower prices taking advantage of overstocking of stocks by companies. Overstock was the first major retail giant to accept Bitcoin for payments for its goods and services. Today, Overstock itself is a Crypto Firm, as they started investing in the commodity through one of its subsidiaries in large amounts.
Whole Foods is another one of the first retailers to adopt the technology of converting Bitcoins into Dollars for the purchase of goods. It is owned by Amazon which now accepts Bitcoins for the purchases made through the world’s largest retailer.
Starbucks joined the Bitcoin revolution partially in March 2020. Although, one cannot pay directly for its products via Bitcoins, but you can add Bitcoins to your gift card balance on the Starbucks mobile application.
Online electronics retailer Newegg lets you pay outright for its products in Bitcoins. All you have to do is to select the option ” Pay with Bitcoin” and then decide the mode of shipping for the product and then make the payment. As simple as that.
7- Home Depot
Home Depot is using the FLEXA SYSTEM for payment. This system converts Bitcoins into dollars instantaneously, which is convenient for both parties involved. The buyer can pay through Bitcoins when they buy anything and get the product. Whilst, Home Depot gets the green dollars they require in exchange, without any risk.
This is a Japanese shopping site that started letting the users pay through Bitcoins by choosing the option “Pay with Bitcoin”. Rakuten made it possible by integrating the Bitnet payment processing platform into its own marketplace.
Like Whole Foods Twitch is owned by Amazon as well.
Also like Whole Foods, it now accepts cryptocurrency as a mode of payment for its services. Users can pay in Bitcoin as well as other cryptocurrencies. After a short break in June 2020, Twitch resumed accepting Bitcoin to the delight of its cryptocurrency users.
It is a commerce website famous for its handmade, vintage items and craft supplies. Etsy does not currently have an automated system of its own in place to accept Bitcoin. But they use a Bitcoin payment processor named “BitPay” to accept payments through Bitcoins for their products.
11- Yum Brands
Yum Brands which operates KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill has started to accept Bitcoins as a mode of payment.
Brands like KFC accepted payments through Bitcoins in Canada through collaboration with BitPay.
12-Coca-Cola Amatil Limited
The company responsible for bottling and distributing Coca-Cola announced a contract with Centrapay to allow Bitcoin payment to its customers. The company has about 2,000 vending machines that accept Bitcoins and various other Cryptocurrencies.
13- AT&T Inc.
AT&T is the world’s first big mobile carrier to accept Bitcoin for its services. In 2019, AT&T announced that it will accept online bill payments through BitPay. Customers will be able to select BitPay as a payment option when they log on to their accounts online or through the app.
Badoo is a dating site that is now allowing more than 200 million users of its users to pay using Bitcoin. The advantage of Bitcoin payment is it’s low processing fees, and the ability to limit chargebacks.
It is a leading VPN (Virtual Private Network) Provider. VPN is used to secure the device to protect it from online trafficking and numerous other threats. ExpressVPN can act as a proxy, allowing its users to mask or change their location and surf the web anonymously from wherever they want. It charges its users for these services. For which a user can pay via Bitcoin.
The adult entertainment website now also accepts Bitcoin as a method of payment. It has announced integration with Tron and Zencash and is now taking Bitcoin and Verge as a mode of payment.
17- USSA Bank
USSA Bank is a financial company that provides banking solutions to members of the US military and veterans. USSD bank allows customers to check their account balances, transactions and track their Bitcoin wallets in one place. The first major bank to invest in a Bitcoin exchange through an integration application with Coinbase.
Wikipedia is accepting Bitcoins since 2014. The largest open-source online Encyclopaedia network accepts Bitcoin donations through a partnership with BitPay.
It is the first online travel agency to accept Bitcoin for flights and hotel bookings. It has partnered with Microsoft to create the first blockchain platform for hotel bookings. Webjet allows a straight checkout process to allow customers to make purchases.
Gyft is a leading digital platform to easily buy, send and redeem gift cards from any device. They were one of the first major companies to accept Bitcoin as payment. Gyft allows Bitcoin payments for the shopping of hundreds of gift cards.
From the list of the major companies above, it is clearly evident that the widespread adoption of cryptocurrencies is a global trend that will continue. Each year more and more companies announce partnerships and integration with Bitcoin merchants. Providers such as BitPay make it easy for businesses to accept Bitcoin payments in a seamless and secure experience for hundreds and thousands of Bitcoin users. We don’t see this trend changing anytime soon.