7 Global Companies That Accept Payment In Cryptocurrency

Cryptocurrency

Cryptocurrency and Bitcoin are on the news these days for being the most popular, controversial, and debated digital asset. It is a fact well known to us there are conflicting attitudes towards cryptocurrency. While some countries are aggressively welcoming towards crypto, some frown upon the very idea of its integration into the currency system.

However, with contactless operations being a mandate, cryptocurrency is gaining popularity more than ever before and sceptics are having second thoughts about it. Being in alignment with the rising popularity and prompt integrations to encourage digital money and transactions, certain business giants have already started to use crypto for payment purposes.

 

Here is a list of those top 7:

Tesla

Industry: Automobiles

Back in February, Elon Musk had confirmed that Tesla will be accepting crypto payments for all car models. He has also added that the payment by crypto will also be made effective beyond U.S. Tesla made a purchase of $1.5 billion of bitcoin in February. The goal is to entertain flexibility in payments and make returns on cash expanded and diverse.

 

Burger King

Industry: Restaurants

Burger King owns the reputation of being the world’s largest fast-food serving restaurant chain. It is taking to crypto payments by collaborating with Cryptobuyer. Cryptobuyer is a fintech platform that helps to convert crypto payments into cash.

 

PayPal

Industry: Fintech

PayPal allowed usage of crypto and bitcoin in the year 2020. Users are now at liberty to buy and sell selective cryptocurrencies through their cash.

 

Amazon

Industry: E-commerce

Reports say that Amazon is still not very welcoming towards crypto payments and hence it steps back from turning it into a direct method of payment. However, one can buy amazon vouchers and gift cards with Bitrefill. Bitrefill is a company that puts users on the authority to use top-up subscription-based services.

 

Coca-cola

Industry: Beverage

Coca-cola now ranks as the topmost non-alcoholic, soft drinks seller in the Asia-Pacific region. The company allows crypto payments as a method of payment now. It had collaborated with Centrapay last year i.e. 2020 that helped it to enable crypto as an official payment method.

 

Starbucks

Industry: Service

Starbucks in 2020 had piloted a test on the cryptocurrency payment app in some of the locations in the U.S. the app was powered by Bakkt, a digital asset platform. Starbucks has now officially adopted the crypto culture by accepting it as one of the payment methods. It uses flyer mills into U.S. dollars. Next, the generated value is put in the Starbucks card which gets saved in the Starbucks app. Starbucks also provides the facility of a digital wallet wherein one can convert the crypto payment into USD and use it to reload the card.

 

Pizza Hut

Industry: Restaurants

Pizza hut corporation now uses crypto as a valid method of payment. It was announced in Venezuela last year.

 

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