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7 companies where you can pay with crypto
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If you are reading this, you obviously want to know what companies accept cryptocurrency. The launch of Bitcoin, the first-ever cryptocurrency, over 12 years ago promised no less than a revolution in the payment system.
Crypto payments: promises and reality
Nowadays it is not only Bitcoin but other 11,000 cryptocurrencies are being traded at over 400 crypto exchanges. Bitcoin has become a legal tender in El Salvador, while the percentage of adult citizens owning cryptocurrency of some kind is steadily increasing.
There are some companies that have been accepting Bitcoin for a number of years to date. Read on to learn more.
1. Overstock.com
This e-retailer has been accepting Bitcoin since 2014. In addition to its partnership with Coinbase, it also owns Medici Ventures – a blockchain-focused investment company.
2. Travala.com
Those who love traveling can pay with crypto at this website. It supports several cryptocurrencies, including the now trending Cardano (ADA), Bitcoin, Ethereum (ETH), Dogecoin (DOGE). Payments for hotels are accepted via apps from Binance Pay and Crypto.com Pay. The company also has its own cryptocurrency (AVA).
3. PayPal
Crypto payments in Bitcoin, Ethereum, Litecoin are available at 30 million merchants that accept PayPal. How to pay in cryptocurrency via PayPal is no longer an issue.
4. AT&T
In 2019, AT&T became the first mobile operator to accept payments in Bitcoin and several other cryptocurrencies via a third-party payment application.
5. Starbucks
The world’s favorite coffee retailer is on the list of partners of Bakkt, a third-party payment app that accepts payments in crypto. Other partners include Cantaloupe, Wyndham Hotels & Resorts, and Quiznos.
6. CheapAir.com
Another early adopter, this website has been accepting crypto payments for flights and hotel bookings since 2013.
7. Dallas Mavericks
NBA enthusiasts can pay for tickets for matches and merchandise with several wide-spread currencies, e.g. Bitcoin, Ethereum, Gemini Dollar, and Dogecoin, the latest addition to the list of cryptocurrencies.
What companies accept cryptocurrency: the future
According to an insurance watchdog, nearly 40% of enterprises, both medium and small, accept payments in cryptocurrencies.
A cinema network, AMC Theatres, has plans to start accepting crypto before the end of 2021. Following the announcement of positions for digital currency product managers at Amazon and Walmart, everyone is expecting a major breakthrough for crypto, possibly in the form of reward cards. So, if you have been wondering where you can spend your bitcoins, two of the world’s biggest e-retailers may soon be on your doorstep.
