Crypto Pirates

15 Major Businesses That Accept Cryptocurrencies as Payment


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Investing in cryptocurrency is a relatively new trend. And why would you not? After all, the digital token or crypto currency is transforming the way consumers pay for goods and services.

Cryptocurrency is not like fiat money or credit cards, which people frequently use in stores or when making online purchases. This ground-breaking payment system is solely based on digital platforms, or blockchains.

And, perhaps most excitingly, even when a crypto coin is not in use, it continues to be productive. The longer a person keeps a token in his or her cryptocurrency wallet, the more money they earn (yes, it is risky too.). However, the good news is that consumers pay nearly nothing if they earn crypto first and then spend it.

Due to its numerous benefits, cryptocurrency is attracting the attention of businesses worldwide. Brands and business sectors have all begun to embrace the crypto payment culture.

Businesses now accept cryptocurrencies as a form of payment from clients. The following are some of the well-known companies that are leading this race.

1. Microsoft

Microsoft, one of the world's largest software firms, is one of the most well-known companies accepting crypto tokens as payment. Not only that, Microsoft is the first household name to have catalysed the cryptocurrency movement in contemporary payment culture. Although the IT giant prefers bitcoin as a payment method, it also accepts other digital tokens. Apart from that, Microsoft has developed a comparable framework for creating bitcoin-like tokens.

2. Shopify

The world's largest e-commerce site is also close to this new culture of cryptocurrency usage in the payment system. Shopify made waves in 2015 when it announced that it would begin accepting bitcoin payments. The e-commerce site accepts payments from a variety of different payment providers. Apart from bitcoin, the e-commerce company also takes payments in the form of Ethereum and Litecoin.

3. Subway

Satisfy your craving for a subway sandwich for one digital token, as the brand is now accepting it. Even though the subway was one of the first companies to accept cryptocurrency payments in 2013, just a few digital currencies were accepted. However, the brand has recently agreed to accept this new payment method in multiples.

4. Overstock

Following Shopify, Overstock became the next well-known brand to accept cryptocurrency as payment from customers in 2017. The company accepts a variety of digital currencies, including bitcoin, Dash, Litecoin, and Ethereum. The corporation has its own blockchain network, which converts the coin and circulates it.

5. Expedia

Expedia, the world's largest travel operator, now allows cryptocurrency transactions. Travelers may book a hotel and conduct any transaction using the company's new payment approach, which is open to everybody. However, cryptocurrency can be used as payment in only accepted countries. Notably, not all countries accept bitcoin or any other digital currency as a form of payment.

6. Pizza Hut

When it comes to a food business where a person may use cryptocurrency to satiate their craving for a nice pizza slice, Pizza Hut is unquestionably the best. The company is one of the newest additions to the list of prominent corporations that have just begun accepting cryptocurrency. It all started in November 2020, when the company recognised the potential of this emerging payment trend and decided to dive in.

7. Paypal

Despite its prominence as a digital payment method, Paypal has expanded into the cryptocurrency space. The explanation for this is self-evident. Paypal has partnered with numerous cryptocurrency payment processors to ensure that users who wish to transact in bitcoin or other crypto-assets may do so without encountering any issues.

8. Apple

Apple, one of the world's most opulent smartphone brands, is also on the verge of adopting this new payment trend. Apple Pay enables users to make payments in bitcoin, Ethereum, Litecoin, and other cryptocurrencies. Apple Pay's wallet includes a variety of capabilities that enable users to make online payments.

9. Coca Cola

One of the oldest and largest beverage brands in the world does not wish to disappoint its bitcoin users. The company collaborates with the Center pay platform to bring the concept of cryptocurrency payments to life. Thousands of vending machines in New Zealand and Australia now allow users to purchase a beverage in exchange for a cryptocurrency transaction.

10. Twitch

Customers of the world's largest video live streaming service can also pay using bitcoins. However, the American corporation accepts only bitcoin and bitcoin cash as payment for its services. However, the company temporarily ceased receiving payments in the middle of 2019. However, they were forced to enable it subsequently owing to a consumer request.

11. Burger King

When the stomach grumbles with hunger for burgers, the issue is that there is 'no currency' available to pay Burger King save for cryptocurrency. Not to worry, the brand now takes cryptocurrency as payment. At Burger King, anyone can pay with bitcoin, Litecoin, Tether, and a variety of other digital assets. Users can exchange currencies on the burger king website or mobile application.

12. Starbucks

Starbucks began accepting cryptocurrency in 2020 and continues to allow customers to utilise the ground-breaking payment method for coffee enthusiasts.

13. KFC

Additionally, KFC meal aficionados can pay for their order with their preferred cryptocurrency at any KFC location worldwide. However, the brand may or may not take cryptocurrency in every country, as not all countries consider cryptocurrency as a well-regulated or secure means of payment.

14. Visa

Visa, the world's most renowned credit card business, is having difficulty staying away from cryptocurrency transactions. The company enables consumers to conveniently do digital currency transactions using any credit card. However, the organisation is continuously working to improve the experience.

15. Tesla

Tesla CEO Elon Musk believes in the potential of cryptocurrency. As a result, the world's wealthiest man now accepts cryptocurrency at his company Tesla. Elon Musk is also active in the cryptocurrency debate.

Conclusion 

Thus, these are some of the main businesses that accept cryptocurrencies as payment. When you next purchase a product or service from one of the above-mentioned firms, ensure that this new payment mechanism is available for all purchases.

 

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Crypto PiratesBy Crypto Pirates