Over the past several years, cryptocurrency has gained increasing popularity and been adopted by companies worldwide as a legitimate form of payment. Many now accept cryptocurrency payments for services provided.
Major companies such as Microsoft, AT&T, Overstock, Expedia and Shopify all provide their customers with ways to use cryptocurrency payment solutions like Bitcoin to buy content from their online store and pay bills with these crypto assets.
Overstock, Expedia and Shopify all accept Bitcoin and other cryptocurrencies as payment for their products and services, making cryptocurrency more accessible for people worldwide.
1. Microsoft
Microsoft is one of the many major companies now accepting cryptocurrency as a valid form of payment, providing customers with opportunities to use Bitcoin to pay for products and services provided by Microsoft, as well as purchase Xbox games, movies and apps with this form of currency.
Microsoft has made purchasing digital gift cards with Bitcoin an easier and less complex experience, enabling customers to easily shop from its store without needing to convert their digital currency to fiat money first. Furthermore, Azure services allow people to rent virtual machines and store data securely in the cloud.
Microsoft has also allowed customers to pay for Office 365 subscriptions and Xbox Live Gold memberships using cryptocurrency such as Bitcoin. Their acceptance has made purchasing products and services simpler without worrying about fiat currency conversion costs.
2. PayPal
PayPal recently made headlines when they announced they would allow customers to buy, sell and hold cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Bitcoin Cash via their digital wallet within PayPal – making it one of the major companies accepting cryptocurrency payments.
PayPal’s latest move marks part of their efforts to make digital currency use easier for their customers, by working alongside leading crypto firms like Coinbase and BitGo. Furthermore, they have teamed up with Paxos for additional crypto services that include instantly converting cryptocurrency balances to fiat currencies.
PayPal will also launch a cryptocurrency checkout service, enabling merchants to accept cryptocurrency payments from customers. PayPal’s adoption of cryptocurrency payments marks an important milestone in the industry and could pave the way for more businesses accepting crypto payments in near future.
3. Overstock
Overstock, established in 1999 as an online retailer specializing in furniture, home decor and other products, recently made headlines when they started accepting cryptocurrency payments as payment. Being one of the first major companies to accept Bitcoin, Ethereum and other cryptocurrencies as payment was groundbreaking – one that will no doubt change how businesses view cryptocurrency payments forever!
Many in the cryptocurrency community have applauded this move and view it as a major breakthrough for the industry. Other major companies that have begun accepting cryptocurrencies include Microsoft, Expedia, Shopify and Subway.
Each of these companies have made statements of support for cryptocurrency technology and made efforts to make paying with digital currencies simpler for customers. By accepting them as payment, these businesses are making cryptocurrency technology more widely accessible.
4. Whole Foods
Whole Foods, one of the United States’s leading food retailers, has become one of the first major retailers to accept cryptocurrency payment as payment. By doing so, Whole Foods joins an ever-expanding list of major companies which now accept cryptocurrency payments as payments.
Microsoft, Expedia, Overstock and Dish Network have recently acknowledged cryptocurrencies, opening up exciting possibilities for cryptocurrency users who wish to utilize their assets in real life. It may also open the doors for other major companies to adopt digital money adoption further and increase adoption rate of digital money.
Whole Foods’ move could prove pivotal for cryptocurrency and serve as an essential milestone on its journey toward mainstream payments.
5. Etsy
Etsy, one of the major companies accepting cryptocurrency payments, has taken an impressive step in accepting them as payment methods. Etsy sellers can now list products and services for exchange for bitcoin, ethereum, litecoin or any of the other popular digital currencies; making it easy for customers to buy items with their chosen digital coin.
Etsy makes it simple for customers to store digital currency safely, complete payments quickly, and enjoy the ease of doing business without needing bank accounts or credit cards.
Etsy’s acceptance of cryptocurrency marks an impressive step toward wider adoption, offering customers more payment options when purchasing goods and services.
6. Starbucks
Starbucks is one of the many major companies now accepting cryptocurrency payments. They recently partnered with Bakkt cryptocurrency exchange, enabling their customers to buy items with cryptocurrency payments – marking a key step toward mainstream acceptance of digital currencies and blockchain technology.
Bakkt’s partnership enables customers to use digital currencies like Bitcoin, Ethereum, and USD Coin to shop items at Starbucks. The process is easy and secure – customers simply convert their digital coins to US dollars when paying for their orders.
Starbucks believes this move will expand their customer base and offer additional payment options for customers, and mark an important step on the path towards mainstream acceptance of digital currencies and blockchain technology.
7. Newegg
Newegg is among the many major companies now accepting cryptocurrency payments for purchases made online, offering customers to pay with Bitcoin, Ethereum, Litecoin and Ripple as means of payment for goods and services purchased from Newegg. Their acceptance makes digital currencies even simpler to access for purchase goods and services online.
Newegg’s adoption of digital currencies gives customers access to the ease and security associated with making payments with crypto assets, making digital money more mainstream and accessible for everyday consumers.
This is an exciting development in the cryptocurrency industry, encouraging more businesses to adopt digital currencies as payment methods.
8. Dish Network
Dish Network, one of the major companies now accepting cryptocurrency payments as payment, has seen this payment system gain widespread adoption as society embraces technology more readily.
Dish Network’s acceptance of cryptocurrencies is part of a wider trend within the financial services industry towards accepting digital assets as payments for goods and services, providing customers with a safe, convenient, and diversified way to do so. Customers can pay using Bitcoin, Ethereum, Litecoin and other crypto assets – making these currencies convenient payment solutions while diversifying investments at once.
Dish Network’s adoption of cryptocurrency joins an ever-expanding list of companies who have accepted digital assets as payment options, expanding the possibilities available to both customers and businesses alike, while legitimizing cryptocurrency usage in everyday transactions.
9. Home Depot
Home Depot is among the major companies now accepting payments in cryptocurrency, making a stride forward for the mainstream acceptance of this form of payment. Customers of Home Depot can now use cryptocurrency payments as a payment option when purchasing building materials, tools, appliances and more from this retailer.
Home Depot recently joined forces with Coinbase Commerce, a cryptocurrency payment processor, to facilitate cryptocurrency transactions at its US stores. Home Depot became the first major retailer in America to accept digital currencies like bitcoin. More retailers may soon follow suit and make use of digital coins even more accessible and popular among shoppers. This partnership could bring massive benefits for the cryptocurrency industry and increase popularity for digital coins in general.
10. Twitch
Twitch, owned by Amazon and founded in 2015, has made headlines as one of the first major companies to accept cryptocurrency payments as payment option since March 2020. Bitcoin (BTC) payments have been accepted since then for subscriptions and other payments – one of the first major companies that adopted digital assets as payment means.
Twitch is currently exploring the possibility of offering other digital currencies, including Ethereum (ETH) and Litecoin (LTC), as payment options in the near future. This effort demonstrates their ongoing effort to become more user-friendly while offering their users more payment choices; accepting cryptocurrency as payment indicates its mainstream acceptance.
Twitch, an established tech company, has taken an initiative to embrace cryptocurrency revolution. Their engagement could signal more major corporations accepting them in the near future.
Conclusion
Cryptocurrencies have gained increasing traction and acceptance over time, particularly among major corporations. Some of the world’s most iconic retailers, businesses and financial services providers now accept cryptocurrency payments such as Microsoft, AT&T, Whole Foods, Starbucks and PayPal – to name but a few.
These companies recognize the value and potential of cryptocurrencies, and appreciate their advantages. Customers appreciate being able to pay with cryptocurrency payments. With more companies joining this trend, more opportunities for using cryptocurrencies in everyday life will open up.
Overall, the rapid adoption of cryptocurrency by major companies is an indicator that this revolution is here to stay.
Also Read: All You Need To Know About the Latest Crypto News and Updates