Cryptocurrencies are all the rage in today’s world. Though the digital currency has been around for about a decade, they’re just starting to take off in popularity. It used to be that companies would only take cash, credit, or check, but now, with the ever-advancing society we’ve built for ourselves, many companies are finally starting to accept cryptocurrencies as a means of payment. If you’re looking to start mining cryptocurrency and want to see what companies accept them, then you’re in the right place! Peak Digital Prospecting, the best Bitcoin mining colocation company, made this blog to help highlight several major companies that are accepting Bitcoin and other cryptocurrencies as a viable payment option. Keep reading to see what companies will now accept your cryptocurrency.
If you don’t know what cryptocurrency is, or if you’ve forgotten, you can learn all about it in our previous blog (What Is Cryptocurrency). Or, if you’re interested in starting your Bitcoin mining career, you can read our blog about the best places in the United States to mine for cryptocurrency (The Best States For Cryptocurrency Mining).
1 – Microsoft
That’s right, the tech giant Microsoft accepts Bitcoin. There are stipulations however. For instance, you can only use Bitcoin to transfer funds into your Microsoft account. So you can’t buy anything from the Microsoft online store, but you can buy things, like digital games for your Xbox console, downloadable movies, and apps from the Windows and Xbox store. There are a lot of other rules and regulations when paying Microsoft with cryptocurrency, but for the most part, the technology company has the payment system down pretty well. Gamers, specifically Xbox gamers, and movie buffs can finally rejoice. Just know that all Bitcoin deposits are non-refundable, so make sure you read the fine print before moving your funds over.
2 – Overstock
One of the first major companies to allow payments via cryptocurrency, Overstock.com has been paving the way for businesses to take Bitcoin and all other major cryptocurrencies since 2014. Also accepting cryptocurrencies, like Ethereum, Monero, Dash, Litecoin, and Bitcoin cash, Overstock is one of the few major companies that accept a plethora of cryptocurrency as a payment source. Unlike Microsoft, you can use your Bitcoins to buy anything, from electronics to furniture to jewelry. Everything is open for purchase on the retail giant’s website, making Overstock one of the best places to spend your Bitcoins.
3 – Dish Network
The satellite television provider is one of the largest non-online companies to accept Bitcoin as payment. Taking their first cryptocurrency payment a few months after Overstock.com, Dish was the first television subscription company to accept payment in the form of Bitcoin. Readily available around the United States, Dish is one of the largest television providers in the country, meaning you’ll be able to pay for your digital television with digital money anywhere in the USA. The Bitcoin payment option has been added to the company’s payment website, and is only available as a one-time payment option. You can still pay “normally” with a credit card bank account as well.
4 – Subway
Do you like sandwiches? Do you not like having to carry around cash or credit cards? Well, it’s your lucky day, because the fast food giant Subway now accepts Bitcoin as a payment source. As of right now, they only take Bitcoin as a cryptocurrency option but may begin to take other major forms of cryptocurrency in the future. Nothing would seem to be off the table either, pun highly intended by the way. Trade your Bitcoins for whatever crazy sandwich concoction you can think up. Whether it’s a foot-long, six-inch, salad, or breakfast sandwich, you’ll be able to eat fresh at Subway with Bitcoin.
5 – All Shopify Sites
Like cryptocurrency, you may have heard the name Shopify thrown around at one point or another. Shopify is an ecommerce platform, like eBay and Etsy, that allows companies to sell and trade their products with custom websites. In 2013, the company decided to allow Bitcoin as a means of payment on all of their customers’ websites. And with over 75,000 merchants selling and trading goods on Shopify sites, chances are, you’ll find at least one company who’s selling something you like. Though every Shopify site has the ability to accept Bitcoin as a payment option, the merchant does have the final say in the transaction, so make sure the company with the sweet t-shirt you’ve been wanting will take the cryptocurrency before getting your hopes too high.
Other Companies That Accept Bitcoin
- Intuit Services
- Reeds Jewelry
If you have Bitcoins or other forms of cryptocurrency and want to know if a company will accept them as payment, all you have to do is ask either through email, a phone call, or in person. If you’re looking to start your cryptocurrency mining career, then be sure to choose the best Bitcoin mining company in Peak Digital Prospecting. Learn more about PDP, or contact us today to answer any questions and get a free quote.