Companies accepting digital currencies payments 2021

2021 has been a significant year for the digital currency market, with Bitcoin reaching its all-time high of US$60,000 in March. More businesses are starting to accept digital currencies as a payment as digital currencies becomes increasingly mainstream. There are over 18,000 businesses worldwide accepting digital currencies as of today, and this number is increasing quickly. In this article, we will share 10 of the major companies that are already accepting digital currencies payments.

1. Microsoft

The world’s biggest software company Microsoft started accepting digital currencies payments as early as 2014. It is the first few among the giants to accept Bitcoin back when Bitcoin’s value was a mere US$400. Digital currencies is accepted as payment for games, videos, and applications on the Xbox and Windows phones.

2. Paypal

Paypal began accepting digital currencies three months earlier than Microsoft. They were planning to use this new payment method to draw businesses as Bitcoin’s transaction fees are much lower than the fees charged by credit cards. Online merchants were able to accept Bitcoin payments via partnerships with existing digital currencies payment gateways.

3. AT&T

AT&T is the first United States mobile carrier to let customers pay in Bitcoin. Although not directly accepting digital currency, AT&T works with a third-party service provider which credits the transaction into fiat to the company.

4. Overstock

Overstock is considered the veteran as it started accepting digital currencies payments back in January 2014. CEO Patrick Byrne claimed on a tweet that the company had sold US$124,000 in goods via Bitcoin just on the very first day of accepting the digital currency. Since then, Overstock has continued to invest heavily in blockchain technology and has now grown to become a popular e-commerce platform.

5. Tesla

Tesla started accepting Bitcoin as a form of payment in February 2021, the same time that the company purchased US$1.5 billion worth of Bitcoin. Although Tesla halted all digital currencies payments just three months later due to environmental concerns, Elon Musk claimed that Tesla would “most likely” resume accepting Bitcoin as a form of payment once the mining rate for the digital currency reaches 50% renewables.

6. Starbucks

That’s right, and you can now pay for your morning coffee with digital currencies. Although you are unable to pay in digital currencies at the counter itself, Starbucks allows you to add Bitcoin, along with gift card balances on the Starbucks application to pay for your coffee.

7. Whole Foods

Whole Foods, owned by retail giant Amazon, accepts digital currencies payments through a new mobile payment app called Spedn. Even though Amazon has not announced any plans to accept digital currencies, it has supported digital currency as a payment method.

8. Newegg

Newegg has been a full supporter of digital currencies payments since 2014 when it started accepting Bitcoin. Over the years, Newegg has always been the first major retailer to take in new digital currencies, including Litecoin and Dogecoin.

9. Twitch

Twitch is another company owned by Amazon that is accepting digital currencies. Streamers can choose to receive digital currency donations from viewers. They even offer discounts to customers to encourage digital currencies transactions on their website.

10. CheapAir

CheapAir is the first US travel company that allows its customers to pay in digital currencies. Over the years, they have added more digital currencies to their offerings, such as Ethereum and Dogecoin.

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Singapore, March 19 2024 - Users of Grab’s services will now have the option of paying in cryptocurrencies following the ride-hailing operator’s tie-up with payments firm Triple-A.

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