Nowadays, the news about cryptocurrencies is everywhere, and anyone in the world knows
about them. Recently Bitcoin hit its record, reaching $60.000. Therefore, it is not surprising that one of the world’s wealthiest people – Elon Musk, keeps investing billions in crypto.
Crypto trading has become more and more widespread. However, the options for using cryptocurrencies are not as broad as the traditional currencies because of their unstableness. Still, day by day, more and more large companies use cryptocurrencies in various industries. Customers can use cryptocurrencies as a legal payment method for goods and services. Now, some of the largest and most worldwide-known companies accept cryptocurrencies. So, if you are thrilled to learn about some companies that can make your life easier as a cryptocurrency user, you are in the right place at the right time. Below you can find a list of the 9 largest companies that boiled down to allowing their customers to pay with cryptos.
Coca-Cola
Amatil, a leading beverage bottler and distributor of the Asia-Pacific region, has enabled cryptocurrencies as a payment method through a partnership with the Centrapay platform. As of 2020, Australia and New Zealand have more than 2,000 vending machines that accept crypto for drink payments.
Amazon
Earlier this year, the world was informed that Amazon was joining the ranks of other tech giants, including Facebook, laying the foundation for its exclusive cryptocurrency. Amazon doesn’t accept cryptocurrencies directly yet. However, the buyers can purchase Amazon coupons through Bitrefill, a cryptocurrency platform. It is a platform that makes life easier with cryptocurrencies. This platform allows its users to convert Bitcoin into gift cards and refill their phones.
Starbucks
After a thorough experiment, Starbucks customers can use the new Bakkt app to pay for drinks and other goods on the coffee chain using converted Bitcoin. According to the app’s creator, 500,000 people have embraced an invitation-only early access program to test digital wallets as a payment method.
Mastercard
In November, Mastercard announced that network partners could allow consumers to buy, sell and retain cryptocurrencies through their digital wallets and reward them in digital currencies as part of their loyalty program.
The credit card giant will cooperate with Bakkt Holdings Inc, a digital assets platform, to provide its customers with the new crypto services.
Visa
At the end of March, credit card company Visa confirmed that it was planning a pilot project to use Crypto.com to accept cryptocurrencies to process transactions in its payment network. They are now accepting USD Coin (USDC), a stablecoin crypto that is fixed at the US dollar value.
Microsoft
It is significant for cryptocurrencies’ reputations that a large software company like Microsoft accepts Bitcoin payments. To some extent, it can inspire confidence in cryptocurrency users. The users can utilize Bitcoin to pay for many services such as Xbox Live and Skype. Moreover, that’s not the only interest the company has in cryptocurrency. At the end of March, Microsoft also used blockchain to launch ION, a two-tier authentication platform on the Bitcoin network. Instead of making payments, this technology creates digital IDs to authenticate online identities.
Tesla
Earlier this year, the company initially announced that it would accept Bitcoin payments for vehicle purchases in the United States. It is due to Elon Musk’s investment of $ 1.5 billion in cryptocurrencies in February. However, things have changed, and now Tesla will put Bitcoin transactions on hold until more than 50% of the tokens are mined with renewable energy.
Pavilion Hotels & Resorts
Hong Kong-based Pavilion Hotels & Resorts Group is the first international hotel chain to accept cryptocurrency payments. The hotel group owns properties in Amsterdam, Madrid, Lisbon, Rome, Bali, and Phuket. Since July, it has begun accepting reservations with 40 different tokens, including Bitcoin and Ethereum, in partnership with the Coindirect payment platform.
LOT Polish Airlines
In 2015, LOT Polish Airlines said it would accept Bitcoin as a flight payment method. Six years after the decision, LOT is one of the few European airlines to allow cryptocurrencies as a payment option.