Over the past year, major retailers accepting crypto have started accepting cryptocurrency as a form of payment. In this article, we’ll look at some of these retailers, examine the reasons for their decision and discuss the impact it could have on the future of crypto-commerce.
The Latest Major Retailers Accepting Cryptocurrency Companies
Microsoft is the latest major retailers accepting cryptocurrency companies to accept Bitcoin as a payment method, joining companies like Overstock, Dell, and Expedia. The software giant has partnered with Bitpay to enable its customers to pay for digital products and services using Bitcoin. This means you can use your cryptocurrency holdings for more than just speculation you can also use it to buy apps, games and videos from the Windows Store on your desktop or laptop computer; purchase music from Xbox Music; purchase gift cards for Microsoft products such as Skype credit or Xbox Live gold subscriptions; subscribe to Office 365 Home Premium; host virtual machines within Azure public cloud services (or any other computing option offered by Microsoft); manage your Outlook.com account; and even rent out Reserved IP addresses on Azure.
Wikipedia Retailers Accepting Cryptocurrency
As a non-profit organization, Wikipedia accepts donations in Bitcoin. The site was accepting the cryptocurrency for donations since 2014, but its decision to accept payments for its merchandise may be a first for the site.
The largest online encyclopedia in the world is also available on a variety of different platforms including iOS and Android apps as well as a dedicated website.
Overstock.com Retailers Accepting Cryptocurrency
Overstock.com was one of the first major retailers to accept Bitcoin, and has been accepting other cryptocurrencies since 2014. You can purchase anything from toothpaste to furniture with your crypto wallet at Overstock. When it comes time to pay, you can choose “Bitcoin” as your payment method during checkout and the transaction will be processed automatically by the store’s system. The same goes for selling on the platform: if you have an account with Overstock (which you should!) and want to sell something using cryptocurrency as payment, just select “Cryptocurrency” under “Payment Method” in checkout and follow the rest of their prompts.
Virgin Galactic Retailers Accepting Cryptocurrency
Virgin Galactic is an American spaceflight company within the Virgin Group. It was founded in 2004 by Richard Branson, and became the first private company to develop commercial spacecraft. The company has been developing suborbital spaceship for commercial space tourism and other spaceflight services.
The company’s first experimental spacecraft (VSS Enterprise) crashed during a test flight on October 31, 2014, killing one of the pilots and seriously injuring the other. This accident delayed its SpaceShipTwo program by several years until it could be redesigned using lessons learned from both that incident and others that followed it; in 2018 Virgin Galactic announced that it had successfully completed its first powered test flight since 2014, raising hopes that they would soon begin offering commercial flights again.
Etsy Vendors Retailers Accepting Cryptocurrency
Etsy is a marketplace for handmade and vintage goods. As of January 2019, Etsy has over 1.5 million active sellers and over 45 million active buyers.
In 2018, Etsy began accepting Bitcoin as a payment method via BitPay. In addition to the cryptocurrency, it accepts other payment methods such as credit cards, debit cards and PayPal.
Subway Retailers Accepting Cryptocurrency
Subway is the first major fast food chain to accept Bitcoin as part of a promotion. The sandwich giant is taking advantage of the crypto craze by accepting the digital currency at select locations in Russia, France and South Korea.
Subway has not made any official statement on their website or social media accounts to indicate that they are accepting cryptocurrency at their stores worldwide. This means that it may be possible only in certain locations where Subway has partnered with payment processors like Bitpay, who also allows merchants to accept Bitcoin payments from customers across the globe.
Major Retailers Accepting Cryptocurrency as a Form of Payment
There are many major retailers accepting cryptocurrency that accept cryptocurrency as a form of payment. PizzaForCoins.com is one of the most popular websites for ordering pizza with Bitcoin.
It allows you to order from Domino’s, Papa John’s and Pizza Hut. You can also order from Little Caesars, Pizza Hut, and Papa Johns.
Major Retailers are Accepting Cryptocurrency
On top of the major retailers currently retail accepting cryptocurrency, there are also a number of smaller businesses that are accepting Bitcoin, Litecoin and other altcoins as payment.
- Wikipedia allows users to make small donations with Bitcoin for a variety of reasons.
- Overstock.com is one of the largest online retailers that accepts cryptocurrency as a form of payment. You can purchase anything from furniture to kitchen supplies on their website using Bitcoin or Litecoin.
- Virgin Galactic has been accepting Bitcoin since 2013 for customers who want to take their rocket ride into space with them! They offer regular flights aboard SpaceShipTwo twice daily as well as private charters through their Galactic Suite program which includes gourmet dining and luxury accommodations while waiting for takeoff (or after landing). All passengers must pass several safety tests prior to boarding however so if you’re not an astronaut just yet, this isn’t your best bet just yet!
Conclusion
While the number of retailers accepting Bitcoin and other cryptocurrencies is still relatively low, this trend is growing rapidly. As more merchants accept crypto payments, it will become easier for consumers to use their digital assets in everyday life.
