Who Accepts Bitcoin In 2020?
AT&T, a multibillion-dollar company valued at more than $200+ billion, recently announced that it starts receiving Bitcoin payments from its subscribers. The telecommunications giant decided to join the cryptocurrency wave because it identified that many of its customers are cryptocurrency users. The payments are processed by BitPay.
Overstock began accepting cryptocurrencies as a form of payment for the goods they sell in 2017. They are not just accepting bitcoin, but Litecoin, Ethereum, Monero, and Dash as well.
Overstock utilizes Shapeshift in completing transactions. Shapeshift is a digital asset exchange company that converts currencies through blockchain technology in a matter of seconds without an account set up.
Founded in 1953, PlayBoy is one of the most popular and oldest adult entertainment magazines. In response to the persistent decline in the consumption of print magazines, the company decided to make the shift to online content. The company created a buzz when it announced in 2018 that it will begin accepting cryptocurrency payments on its website.
Expedia is a world-leading travel website where you can find the best flight deals. They currently accept cryptocurrency (Bitcoin) as a form of payment for their services. The downside of using the cryptocurrency payment option with Expedia is that you cannot cancel a transaction once it has begun.
Badoo, a popular dating site with more than 200 million registered users, announced in 2015 that it will start accepting Bitcoin payments for users who want to register for its premium features.
Subway is another big company that has added cryptocurrency to its payment method. They had joined the league of companies that accept bitcoin by allowing bitcoin to be exchanged for meal items. It is not yet certain whether they will be adding other coins such as Litecoin, Ethereum, Tether, and others.
PayPal accepts bitcoin as a form of payment. They facilitate payment through processors such as BitPay, Coinbase, and GoCoin. PayPal is one of the first companies to accept bitcoin payment for transactions completed through its platform. There is a high chance that they might accept other cryptocurrencies in the future.
Newegg is one of the biggest computer retailers around with annual revenue of $2.7 Billion. The company started accepting Bitcoin in 2014 and has continued to encourage its customers to use BTC ever since.
The leading e-commerce platform is also part of the cryptocurrency wave. And the best part is that you can set up your online shop through Shopify and accept bitcoin payments. The e-commerce giants began accepting bitcoin as early as 2013. As of today, they only accept bitcoin, but this might change in the nearest future.
Microsoft is one of the first companies to accept bitcoin as far back as 2014. But they later announced that they will stop accepting it only to reverse the decision a few hours later. In 2016, the company made a similar decision, which was overturned as well. The reason for this back and forth by Microsoft has been tagged to the volatility of the cryptocurrency market.