Overview Of Successful Businesses Accepting Crypto Payments

The rise of cryptocurrencies has piqued consumer attention, leading to greater interest in companies that accept Bitcoin payments. Bitcoin, the first digital currency, has been adopted significantly, with many global shops now accepting it. This has offered a plethora of chances for frictionless digital transactions.

Internet shops appreciate the benefits of Bitcoin, but they frequently ask about the safest approach to accepting it while still providing easy features such as one-click checkout to their customers.

Microsoft, the world’s third-largest corporation, has been at the forefront of Bitcoin adoption since 2014. It is one of the first enterprises to accept Bitcoin payments. Consumers can now use Bitcoin to purchase products and services on the Microsoft Store by adding funds to their Microsoft accounts. It’s worth noting that this payment method is only available on the Microsoft Store and not on Xbox Live. BitPay simplifies the payment process by requiring customers to have a compatible cryptocurrency wallet.

Crypto Emporium, founded in 2018, is a high-end marketplace that accepts payments only in prominent cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and XRP. This portal provides a diverse range of things, such as premium watches, designer clothing, and even real estate. Customers must have a crypto wallet and sufficient funds to complete the purchase process.

  • Ralph Lauren

Ralph Lauren, a global fashion company, has entered the world of cryptocurrencies by creating a new store in Miami that accepts Bitcoin, Ethereum, and MATIC tokens for payment. Lauren is also introducing an NFT line in cooperation with Poolsuite, which will grant NFT users exclusive access to a sumptuous three-day retreat in Miami.

  • CheapAir & BitPay

CheapAir, an online travel operator, has joined with BitPay to ensure efficient payment processing. During the payment procedure, travelers can select “Bitcoin or Altcoins” as their preferred funding option. CheapAir will send a booking confirmation and offer pertinent travel information upon successful payment.

  • Shopify

Shopify, an e-commerce platform, makes it easier for businesses to create an online storefront. It provides tools and services to make inventory management and shipping procedures more efficient. However, it is crucial to note that transaction fees will be imposed on the merchant’s website.

Aside from the aforementioned enterprises, several other well-known businesses accept Bitcoin. Among these are, among others, Wikipedia, AT&T, Burger King, KFC, Overstock, Subway, Twitch, Pizza Hut, Dallas Mavericks, Virgin Galactic, Norwegian Air, Namecheap, Gyft, NewEgg, The Internet Archive, 4Chan, and Amazon (through Purse.io). Paying using Bitcoin has become more easy and ubiquitous as Bitcoin’s popularity has grown.

Sum Up

These businesses’ acceptance of Bitcoin reflects the growing popular acceptance of cryptocurrencies as a viable payment method. Consumers will have even more options to use their digital assets for regular transactions as more businesses discover the benefits of adopting Bitcoin.

 

Photo by rc.xyz NFT gallery on Unsplash