The Biggest Companies Accepting Crypto in 2023
Photo from Unsplash
Using cryptocurrencies to pay for goods and services has become much more popular now that major companies have started accepting these digital currencies alongside traditional payment methods.
This payment option can be like a regular payment: you have crypto on a Mastercard or Visa crypto debit card and swipe to get your products or input your card details into the online app of whichever store you buy from. Companies can accept payments like this or by using a third-party app (like SPEDN), or directly accepting payments in crypto.
For businesses and consumers alike, it’s fast and easy, with no need for banks or paying extra service fees as with traditional methods. With low transaction fees on top of that, it’s no wonder people use their digital currencies to pay for things and that more and more global companies are jumping on the bandwagon and accepting them.
Microsoft
Microsoft has decided to allow cryptocurrencies such as Bitcoin to form part of their payment methods. Other crypto payment types include some of the more popular coins like Litecoin and Stellar, when wanting to buy Microsoft products and services.
Amazon
Amazon now allows customers to pay for purchases with Bitcoin and other popular cryptocurrencies like those on a list to buy from in November, such as Ethereum and Ripple (XRP).
PayPal
Since 2020, PayPal has allowed cryptocurrencies to be used, allowing users to sell, buy or keep a selection of digital currencies in their accounts. However, by 2023, an expansion was made on the platform, which allows its users to accept cryptocurrencies as a form of payment.
Tesla
Early in 2021, Elon Musk announced that Tesla would accept Bitcoin as a payment method. It was also one of the first car manufacturing companies that set the stage for other major companies to start accepting Bitcoin.
The company now also accepts Dogecoin, as it’s one of founder Elon Musk’s favorite cryptos.
Starbucks
This big coffee house also made crypto one of their payment methods. The company has a mobile app allowing customers to use cryptocurrency as a payment option.
Ferrari
Ferrari has also jumped onto the bandwagon of major companies adding cryptocurrencies to their payment methods in the U.S. They hope to extend this option to Europe as well.
Visa
Visa has been working with cryptocurrency since 2020, giving its users the platform to use Bitcoin to make payments and use debit cards as a payment method to buy crypto.
Twitch
A streaming platform that allows cryptocurrencies such as Bitcoin to be used to pay for subscriptions and donations.
They allow for various cryptocurrencies, including Dogecoin, Ethereum and Litecoin.
Mastercard
Like Visa, Mastercard now allows the use of cryptocurrencies as a payment method through its platforms. Mastercard is building partnerships with companies such as Moonpay and Metamask that store and sell or buy cryptocurrencies.
Gucci
In 2022, Gucci started accepting cryptocurrencies in a few select stores across the U.S. However, over the summer of this year, they gradually expanded the payment option to all Gucci boutiques in North America.
They accept more than just Bitcoin; Bitcoin Cash, Wrapped Bitcoin, Dogecoin, Ethereum, Shiba Inu and other USD-pegged stablecoins (GUSD, USDP, BUSD, USDC and DAI) are also accepted at Gucci stores.
Home Depot
Home Depot allows Bitcoin to be used to purchase all materials customers need for home projects.
Coca Cola
Across New Zealand and Australia, Coca-Cola has allowed people to pay for their drinks using Bitcoin at vending machines.
AT&T
Starting in 2019, AT&T has been accepting cryptocurrencies from customers for bill payments.
Customers can use Dogecoin, Ethereum, and Bitcoin when paying their AT&T account. These crypto payments are facilitated through BitPay, a Bitcoin payment service provider.
Twitter (X)
Just like Twitch, Twitter now X accepts Bitcoin as a form of payment. Since the platform is now owned by Elon Musk, it’s possible that Dogecoin will soon be accepted by X too.
Overstock
This platform is one of the leading in cryptocurrencies and online shopping. It not only accepts Bitcoin, but multiple other cryptocurrencies as well.
They also provide the option of holding Bitcoin, which can serve as a wallet for your cryptocurrency. Once you are ready to purchase, simply select Bitcoin as a payment method, and it’s all done, easy as pie.
Coincards
Coincards allows users to buy gift cards from 140 merchants using Bitcoin. The nicest thing about this is that your identity is hidden while you shop from any of the stores that support these cards.
If you have a phone card, Coincards can be used to cover this debt and pay the bill as well. This platform is available for both U.S. brands and Canadian brands.
Bitrefill is another gift card service that allows for the use of Bitcoin, and you can buy from 750 merchants if you decide to get a gift card from them.
