Digital currencyEconomical

Which large companies accept bitcoins and digital currencies?


In the last few years, the digital currency industry has become very popular among people all over the world and has always been in the headlines. Factors such as the record $ 60,000 price of bitcoin and the multi-billion dollar investment of Elon Musk, CEO of Tesla Automotive (Tesla), Have also helped to accelerate this process and make the adoption of digital currencies more diverse in different societies.

Not surprisingly, large companies, seeing this trend and the increase in the number of consumers in the digital currency market, have turned to accepting these currencies and providing more services to customers. In this article, we are going to introduce some companies that have accepted bitcoin and other digital currencies as payment methods.

Centralized giants and the acceptance of digital currencies

Most of the companies mentioned in this article are completely centralized, and their management style is in stark contrast to the “decentralized” nature of digital currencies; However, the growing popularity of digital currencies around the world and their introduction as legal tender in some countries has made these centralized giants more inclined to adopt digital currencies.

Mastercard

MasterCard payment and credit card services company (mastercardNovember last year (November 1400) announced that from now on, it will allow all its business partners who use the MasterCard network to provide financial services to provide digital currency trading services using digital wallets.

In addition, it was announced that these companies could donate digital currencies to customers in the form of loyalty programs as a reward. This approach allowed customers to receive and spend digital currency instead of receiving loyalty points. Some time later, MasterCard entered into a long-term partnership with Bakkt Holdings Inc, a digital asset platform, with the aim of increasing the level of services related to the digital currency industry.

Pavilion Hotels and Entertainment Complexes

Pavilion Hotels and Entertainment Complex

Pavilion Hotels and Leisure Complex Group (Pavilion hotels and resortsBased in Hong Kong, this is one of the new companies listed in this article, which has begun accepting digital currencies and allowing its customers to pay for services using digital currencies. The pavilion has also become the first international hotel chain in the world to adopt digital currencies.

The complex, which has real estate in most major cities and tourist destinations around the world, including Amsterdam, Madrid, Lisbon, Rome, Bali and Phuket, has been operating since January 2020 in collaboration with the Digital Direct Currency Payment Services Company (Direct).Coindirect) Has started accepting 40 types of digital currencies, including Bitcoin and Atrium.

AXA Insurance Company

Aksa Insurance Company logo

In the early days of April 2021, AXA Insurance, one of the largest brokerage firms in the field, issued a statement stating that from now on, all Swiss citizens could use the digital currency Bitcoin as one of their payment options for their accounts. .

In 2019, the company conducted a survey among all its customers and after receiving positive feedback, put the use and acceptance of digital currencies on the agenda. In the survey, nearly one-third of respondents aged 18 to 55 said they were in the digital currency industry or wanted to join the growing market in the near future.

At present, a reference code is printed on the invoices of all the insurance policies of this company, except for life insurance, so that customers can pay their insurance premiums using the Swiss currency exchange digital exchange services (Suisse).

Microsoft

Microsoft company logo

Bold presence of Microsoft (MicrosoftAs one of the world’s largest software companies in the digital currency market and the limited acceptance of bitcoin, the level of trust in digital currencies has increased dramatically.

Users can now use Bitcoin to pay for some of the company’s services, including Xbox Live and Skype, and increase their account credit.

Microsoft’s interest in cryptocurrency does not end here; Using China Blockchain technology, it has been able to launch a two-tier authentication platform called ION on the Bitcoin network. Instead of performing payment operations, the technology can create digital IDs for customers for online authentication.

Starbucks

Starbucks logo

Following the successful completion of a series of extensive digital currency payment trials, Starbucks customers can now pay for drinks and merchandise offered at the world’s largest coffee chain store using the new version of Bakkt’s payment service software. Pay using Bitcoin.

According to the developers of the payment services software, more than 500,000 people registered for early access to digital currency-related services to test their new digital wallet as a payment method.

Tesla

Tesla company logo

Ilan Mask, CEO of Tesla Electric Vehicle Company, has today taken an unpredictable approach to digital currencies, especially bitcoin. In early 2021, he announced that the acceptance of bitcoin as a payment method in the automaker would begin soon. A few weeks before Ilan Mask spoke, Tesla invested $ 1.5 billion in the digital currency market.

However, some time later, the successful entrepreneur’s approach to Bitcoin changed, and in a new post on his Twitter account, he announced that the company would pay for any services until the use of clean and renewable energy in the bitcoin mining industry exceeds 50%. Will stop associated with digital currencies.

Amazon

Amazon company logo

In early 2021, rumors of Amazon joining (Amazon) Was released to other technology giants, including Facebook, to build the necessary infrastructure to develop and supply a proprietary digital currency.

About a year after the rumors, Amazon e-commerce still has not started accepting digital currencies directly. Of course, the customers of this company can use Bitorifil services (Bitrefill), Which specializes in digital currencies, use digital currencies to purchase Amazon vouchers. BitRefil helps to increase the use of digital currencies in daily life by providing the possibility of converting bitcoins into gift cards, mobile phone recharge and..

Visa

Visa Company Logo

In the last days of March 2012, Visa, a provider of Visa credit card services, confirmed that in cooperation with the Crypto Dotcom platform (Crypto.com) Is implementing pilot projects to adopt digital currencies in its financial network.

At present, the company directly accepts the stable USDC digital currency. It is worth mentioning that the value of each unit of this stable coin is equal to one US dollar.

پی‌پل

People's logo

After the publication of the official announcement of PayPal payment services company (PayPalIn October 2020, American users of the platform could buy, sell, or store some selected digital currencies, including Bitcoin, Atrium, BitcoinCash, and LightCoin. Of course, PayPal does not allow its users to transfer digital assets from the PayPal account to other companies.

Another interesting feature of PayPal software was the ability to track and check the status of digital currencies in the market. August 2012 The company announces that UK citizens will now be able to use Atrium, LightCoin and BitcoinCash digital currencies on its website and phone software with PayPal. Not to mention that People Today has not released any information on the expansion of digital currency related services in other parts of the world.

Airbaltic Airlines

Airbelt Company

Airbaltic Company (airBalticWith the adoption of Bitcoin in 2014, it became the first airline in the world to adopt digital currencies as a method of payment. According to some company officials, the company has processed more than a thousand bitcoin transactions since launching the payment option using digital currencies.

The aerobatic move prompted another Eastern European airline, LOT Polish Airlines, to start accepting digital currencies a year later.

Sotheby’s Auction House

Sotheby's auction house

In the last days of June 2012, Sotheby’s very popular auction house started accepting digital currencies as a method of payment for the first time, and since then, it has welcomed digital currencies and unique tokens (NFT). One of the most valuable commodities ever exchanged using digital currencies has been at one of the company’s auctions. In July 2021 (August 1400), a very rare 101 carat diamond was sold at auction for $ 12.3 million.

Currently, the company allows payments using Bitcoin and Atrium in auctions that have enabled the “acceptance of digital currencies” feature. It should be noted that the use of digital currencies in Sotheby’s auctions also has limitations; For example, the possibility of paying with Bitcoin and Atrium only through the wallets of some approved exchanges, including CoinBase (Coinbase) It is possible.

Coca Cola

Coca Cola

Amatil is one of the largest manufacturers of Coca-Cola metal bottles in the Asia-Pacific region. The company has made it possible to pay through digital currencies by partnering with the Centrapay payment services platform.

Since 2020, Amathil has launched more than 2,000 Coca-Cola vending machines in Australia and New Zealand and is ready to accept digital currencies to pay for drinks.

Lut Polish Airlines

Lut Polish Airlines

As we mentioned in the previous sections of the article, Lut Polish Airlines started accepting bitcoins in 2015, after one of its competitors started accepting digital currencies by Airbaltic, and added this virtual currency to its services as a way to pay for tickets. کرد.

Nearly seven years after the introduction of bitcoin by these airlines and the dramatic fluctuations in the value of this digital currency, Lut Polish is one of the few airlines in Europe that continues to accept digital currencies as a payment option.

Expedia Travel Company

Expedia Travel Company

Expedia is one of the world’s leading travel agencies that accepts bitcoins through a partnership agreement with the Travala hotel reservation platform and tourist destinations.

Travala allows Expedia Travel’s customers to pay for reservations and accommodation in 700,000 hotels worldwide using 30 different digital currencies, including Bitcoin.

Lash Cosmetics Company

Lash Cosmetics Company

Lush was one of the first major manufacturing companies in the world to adopt digital currencies. In 2017, the cosmetics company was able to cooperate with the bitcoin platform.Bitpay.comStart accepting Bitcoin digital currency and allow your customers to settle their orders on the company’s website using BTC.

Conclusion

If you look at the list of companies mentioned in this article, you will definitely notice that some of the world’s major brands and giants have moved towards the adoption of digital currencies, especially bitcoin, and intend to take advantage of this opportunity as the number of consumers in the digital currency market increases sharply. Use and become a leader in this field.

The presence of big names such as Microsoft, Tesla, Amazon and Coca-Cola in the digital currency market is undoubtedly a seal of approval for the expansion of this fledgling market and its further growth in the near future.

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