Payments Using Crypto, There are 7 Companies Doing it

THECRYPTO.WATCH – Many companies have adopted crypto payments. The convenience and security that crypto assets offer are the main reasons.

Elon Musk has announced that he has accepted payments using cryptocurrency for the purchase of Tesla. At that time, Elon had received Bitcoin worth US $ 1.5 billion. However, not all companies can do the same.

7 Companies Accepting Payments Using Crypto

There are 7 companies that use Bitcoin as a means of payment, they are:

Microsoft

giant company Microsoft accepted Bitcoin in 2014 as payment for several things, they are:

  • Games
  • Applications
  • Digital Cotents
  • For Platforms

At that time, the existence of crypto assets was not as popular as it is today. However, one bar in New York has accepted Bitcoin for car and restaurant services.

Overstock

Since January 2014, Overstock has also pioneered payment methods. Additionally, in September, Overstock became the first major retailer to accept Bitcoin as payment.

Whole Food

In may 2019 was the pinnacle of cryptocurrency success as a payment startup. Major digital currency companies are forming partnership platforms. So that major retailers can incorporate Flexa into digital scanners. 

This technology has transformed payments using cryptocurrency. One of the biggest retailers is Whole Food, which converts Bitcoins into dollars for unlimited purchases.

Etsy

The next company is Etsy. However, it does not have a platform to accept payments from the entire site. But through independent sales. So that those who fill the platform can get crypto in each of their stores. 

The Etsy Forum itself has a dedicated page that is dedicated to Bitcoin. It contains a tutorial on how sellers can advertise themselves that accept Bitcoin as payment. 

Starbucks

In March of last year, Starbucks joined the Bitcoin revolution. The concept does not receive directly. Instead, you can add Bitcoin on the Starbucks app and use it as payment. 

Newegg

The electronics giant company has also accepted Bitcoin. Unlike others that require conversion first. But Newegg can only pay it directly.

Rakuten

Cashback status Shopping from Japan, Rakuten has also allowed Bitcoin as a payment option. The platform has integrated Bitnet payments.

Making cryptocurrency coins has started in several countries. Although the mechanisms are different from one another. 

(TCW/Lyla/Ibad)

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