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Rakuten, in , announced that it has added Bitcoin and other cryptocurrencies as a payment option on its store and even went as far as launching a proprietary wallet for the cryptocurrencies. In its statement, it said the move was aimed at reducing the barriers involved in crypto trading and as such it enables its users to convert their loyalty points to cryptocurrencies.
Burger King was one of the first international restaurants fast food chain to accept Bitcoin as an acceptable means of payment for its burgers and its other products. Another restaurant giving their customers an opportunity to enjoy their mouth-watering snacks via a seamless and easy payment method.
While crypto adoption has grown from what we used to know it to be in years past, the adoption rate of the crypto asset has been majorly spurred by the entrance of retail stores accepting Bitcoin. For example, Overstock, a leading retail store accepting the crypto asset has driven the choice of other retail outlets.
Many of these businesses believe they can use the crypto asset as a store of wealth and value. The previously held belief that the coin could be unacceptable by the less technically inclined masses has been put to bed as different countries have also begun working on digital currencies themselves.
Again, the fear of devaluation of these fiat currencies have driven these firms to cryptocurrency. It would be recalled that the United States government had spoken about a stimulus package to boost the economy after the pandemic forced the economy into a downturn. Crypto enthusiasts believe that this has played a role in why more individuals and more businesses are accepting Bitcoin as a viable means of payment.
The finite supply of Bitcoin counters the infinite supply of fiat currencies. Not only that, the adoption growth of Bitcoin has also been spurred by the cheap transaction fees that are attached to the coin.
Cryptocurrencies usually attract a very cheap fee that is negligible when it is compared to the worth of transaction being carried out. Also, the transactions are faster and more seamless. When the traditional financial services are used, it takes days or weeks for these transactions to be confirmed and they also would attract a very high transaction fee.
The parties involved, especially when it is a transaction whose value is high, would also need to produce certain information to the authorities. With cryptocurrencies, all of this is not necessary. The parties involved in the transaction remain anonymous. And their transactions are received almost instantly by the recipients. NOWPayments is the easiest way to accept online payments in a wide variety of cryptocurrencies.
This service is custody-free, has competitive fees and is available worldwide. Crypto happens ï¿½ accept it NOW! In this article, we would be discovering retailers accepting Bitcoin as a payment method. Microsoft The tech company, Microsoft, is one of the earliest major retailers to accept bitcoin. Overstock One of the biggest and earliest online retailers to begin to accept payment via Bitcoin was Overstock who began to accept Bitcoin payment s for their products as early as in Namecheap Top domain name sellers in the market also accept Bitcoin payment for the purchase of its domain name and other transactions on the site.
Twitch Another tech-based business, Twitch, accepts payment via Bitcoin for its leading game streaming platform. Wikipedia Another retailer accepting cryptocurrency is the free online open-source encyclopedia, Wikipedia. ExpressVPN In the world of virtual private networks, ExpressVPN is known to be a leading force when it comes to the quality of their service and ease of use, so it is not entirely surprising that the company has been accepting Bitcoin as a payment method since Tesla Leading automobile giant, Tesla, got into the news in when it accepted Shopify The online megastore allows it merchants to accept payment via Bitcoin.
Burger King Burger King was one of the first international restaurants fast food chain to accept Bitcoin as an acceptable means of payment for its burgers and its other products.
What has driven retailers to adopt Bitcoin? All of these points and so much more have driven retailers to Bitcoin. Planet Express is an U. This is specifically useful for companies and e-commerce business that have international clients and want to send packages abroad. The company is currently supporting payments in Bitcoin BTC , which makes it easier for companies to pay for the services they request.
Moreover, this could be great to start promoting an international payment chain in Bitcoin, from customers paying in BTC for their products and e-commerce firms using the same BTC received to pay for the package they send. It is possible to buy anything from U.
Moreover, they have a unique shipping address located in California. This could be a great way to start using and spending Bitcoin for purchases and international commerce.
Expedia teamed up with Coinbase to implement this new payment option which has proved a success over the last couple of years. Unfortunately, this option was taken off the table recently. This would let you get access to payments with virtual currencies all around the world in just a few clicks.
Another positive thing about Coingate is that it has instant delivery and it lets you shop worldwide. In this way, Coingate makes it possible for users to spend their virtual currencies in the places they want. Just like Expedia and Overstock, eGifter is also a partner of Coinbase.
You may be familiar with Shopify , a world-renowned e-commerce platform that allows merchants to set up their own online shops and sell goods in a similar way to Amazon, eBay, and other online giants. In , all Shopify merchants received the option to accept Bitcoin payments with the help of a service called BitPay. This option is only available for merchants using the Shopify platform using services like Coinbase Commerce.
CheapAir is an American flight booking service that allows you to pay for flights using a wide range of cryptocurrencies, Bitcoin included. The service allows you to make both domestic and international flight bookings. Newegg is one of the biggest electronic retail companies and accepts Bitcoin as a standard payment method by using BitPay as its official payment processing partner. Currently, Newegg accepts Bitcoin for a decent range of products and services except will call orders, Newegg gift cards, marketplace items, subscription orders, premier memberships, return shipping labels.
Some of the most popular choices for users paying with Bitcoin are hardware parts for computers, as well as mining hardware. Reeds Jewelers is a prominent US-based fine jeweler with lots of locations spanning over 13 states. From Reeds Jewelers, you can buy anything from jewelry to premium watches and loose diamonds. Gyft is an online gift card service that allows you to purchase goods from an impressive array of online retailers more than , to be exact.
To purchase cards from Gyft, you need to have a Coinbase account. More Stamps Global allows you to choose from flights, car rentals, hotel bookings, and all sorts of other traveling packages. The online store is renowned for its creative designs, which can be bought using more than 30 different types of online cryptocurrencies. One of the companies that added support for Bitcoin is Star Jets International, a private company dealing with business customers that want to have their own private flights in different parts of the world.
According to EconoTimes, users can now pay for their flights using Bitcoin, the most popular digital asset in the market. The customer can easily select the destination and starting airport and enjoy a private flight to arrive on time to an important meeting. Norwegian Air, one of the most important airline companies in Europe announced that it is working on a solution to be able to accept Bitcoin and other cryptocurrencies for the tickets they sell to clients around the world.
As reported by Yahoo Finance, the firm is not only going to be accepting Bitcoin, but it will also be opening its own cryptocurrency exchange. Users that are living in Norway will be able to purchase flights using Bitcoin in a fast and secure way. The firm operates a fleet of aircraft with routes around the world. With cryptocurrency payments, it is possible to reduce costs for companies related to their credit and debit card operations.
With Bitcoin and other digital assets, it is possible to reduce the fees paid by companies and start offering cheaper tickets as well.
Garbarino Viajes, an Argentine company selling flight and hotel tickets, informed that users are now able to purchase for these products and services using Bitcoin. Their official report says that Bitcoin is a currency that allows users to exchange goods and services and that has many benefits compared to fiat currencies. Users will now be able to have a more streamlined payment process in which they would only have to send the BTC in order to get the tickets and hotel rooms.
With the expansion of firms accepting the largest digital currency, they are going to be reaching new highs in the near future. According to an official press release , the firm announced that they wanted to offer improved solutions and expand their services. BitPay is one of the most recognized companies helping merchants, individuals and firms to process payments in virtual currencies Bitcoin and Bitcoin Cash. One of the most popular pron sites around the world, PornHub, announced that it started accepting digital currencies back in This would have helped the firm attract a larger number of premium viewers and visitors.
At the moment, there is no information regarding the number of payments that individuals do on the platform. This is making it difficult to create an estimation of which is the amount of funds that the firm is receiving in digital assets. This firm is similar to CheapAir and Garbarino Viajes. There is a large number of users that are travelling and that is interested in purchasing their hotel rooms and plane tickets using virtual currencies.
Users on the platform can travel to up to 82, destinations located around the world and select hotel rooms from , different properties. The firm was launched in and it aimed at providing a blockchain-based travel system for individuals around the world. While Expedia dropped Bitcoin payments, there are other firms that are moving into this direction.
PlayBoy TV launched last year a new payment option with the intention to help users make payments using digital assets. The adult content network has been working on a dedicated crypto wallet and they are expected to accept the Vice digital currency for the industry. This is why the firm considered that it was important to give their community increased payment flexibility.
In the future, the company may include the crypto payments into other business lines such as virtual reality initiatives. Alternative Airlines is a flight-search website that offers ways to book flights from over global airlines using a range of cryptocurrencies including Bitcoin.
You can buy your favourite plane tickets using cryptocurrencies. This would help you find new use cases to your coins and savings in digital assets. Although there are only airlines ï¿½ which is already a lot ï¿½ there may be even a larger number of firms working with Alternative Airlines to help uses use their cryptocurrencies, including Bitcoin.
Burger King had over 19, restaurants worldwide as of last year, making it one of the most successful franchises in the world. Even though the business as a whole has never taken an official stance on crypto payments, a few of its branches have entertained the idea with varying degrees of success. In , the Russian division released WhoperCoin, which rewarded buyers of whoppers with these coins. Prior to this, a Dutch Burger King franchise based in Arnhem, also tried a similar experiment with little success.
The business began accepting Bitcoin payments in as part of a wider initiative by the city to promote the adoption of decentralized payments. At the time, residents of the city could buy any item on offer at the location using Bitcoin. That said, there are a few locations that will accept Bitcoin for Burger King meals.
For example, some franchises in Germany will allow you to order any item using the cryptocurrency. However, you will have to do it online using Lieferservice. Payment with Bitcoin Cash is also an option. Also, a few branches in Venezuela accept Bitcoin. Here, you just walk in and use a QR code to make your payment. And in Brazil, you can use Bitcoin to buy Whopper-themed dog treats at different locations. However, you need to be creative. However, this lasted for a limited period as price volatility proved too much, as has always been the case with any business that embraces crypto payments.
To spice things up, you had the amount paid printed on the bucket. If the price of Bitcoin grows exponentially in the future, you can be sure there will be plenty of individuals scratching their heads at the sight of the KFC bucket. Subway was one of the first fast-food chains to accept Bitcoin payments for its meals. Back in , reporters discovered three restaurants that accepted this method of payment.
This was way before many became aware of what cryptocurrencies were all about. One of the restaurants was in Allentown, Pennsylvania. The other two were located in Moscow and Buenos Aires. The Allentown franchise drew so much buzz that a few crypto enthusiasts visited the restaurant and recorded a video making the payment in BTC.
Things would go quite until recently, when news broke that a franchise owner in Berlin was experimenting with the Lightning Network to allow customers to make orders and pay in Bitcoin. As of October, the business owner had recorded over Bitcoin transactions.
Twitch was one of the early adopters of crypto payments.
WebApr 21, ï¿½ï¿½ By that time ï¿½ before COVID boosted Overstock to its current status as one of the hottest e-commerce platforms in the world ï¿½ it was already a bitcoin veteran. . WebJun 7, ï¿½ï¿½ 5. Dell. Next comes Dell at the list of popular retail stores that accept Bitcoins. Dell allows its customers to use Bitcoins to pay for their services. When . WebFind Merchants Who Accept Crypto. Use this community-curated directory of merchants who accept Bitcoin, Bitcoin Cash, and other cryptocurrencies for payment.