Buying and selling cryptocurrencies is becoming more and more common. the opportunities of spending virtual currencies are somewhat limited, although it is a highly volatile financial product.
There are a large number of companies that are adopting cryptocurrencies like payment method. From the big technology companies to airlines or agencies of trips allow their clients to use them to acquire goods and
services.
International companies that accept cryptocurrencies payments
Norwegian
The Norwegian airline has its own blockchain. In December 2021, the company became the first exchange platform of crypto assets in Northern Europe. The NBX (Norwegian Blockchain) is the the only one that has a fund insurance valued at 150 million dollars to cover unexpected loss events.
The airline has revealed that its objectives include improving the profitability and reduce company costs.
Expedia and Booking
Expedia, one of the largest travel websites, also allows the customer make transactions with Bitcoin.
Travelers can book using more than 30 cryptocurrencies. Among they include Binance Coin (BNB) and AVA (Travala’s native cryptocurrency).
The same happens with Booking, the most used hotel reservation website of the world. Your accommodations can now be paid for with 22 cryptocurrencies from the Travala website (leading hotel platform on the blockchain). for now, reservations with cryptocurrencies cannot be made on Booking. They can only be done through the Travala page.
Save The Children
Since 2013 they accept donations in cryptocurrencies, and not only from the main one, but of many more (60 types of cryptocurrencies), such as Ethereum (ETH), USD Coin (USDC), Cardano (ADA), and even Dogecoin (DOGE).
In fact, recently Save the Children has raised funds in cryptocurrencies to support Ukraine.
Microsoft
One of the benchmarks for cryptocurrency exchange. Microsoft began to introduce Bitcoin as a means of acquiring products and services from 2014. Since then, the company You have the BitPay platform to transfer money to your accounts. In this way it is possible to manage the purchase of video games, applications
and other items.
Currently, Palm NFT Studio (a company financed by Microsoft) was launching several products and services among which a sidechain stands out for digital collectibles based on Ethereum or The Matrix program
Nifty’s Resurrections with Warner Bros and NFTPro.
Starbucks
Starbucks customers can now pay for their drinks and snacks with bitcoin. The Bakkt wallet has been created at the initiative of Intercontinental Exchange (ICE) and with it, customers have access to gift cards and can
accumulate loyalty points.
Destination
Destinia, the Spanish travel agency that is in charge of looking for offers in lodging, air tickets and tourist getaways, allows payment in Bitcoin and Bitcoin Cash.
Some of their products do not support reservation in cryptocurrencies. This happens because there are certain trains or airlines that only accept payments with card.
According to Destinia, refunds of reservations paid with cryptocurrencies are will always be made for the corresponding amount in euros.
Shopify
Shopify, eBay’s online competitor, started accepting payments with bitcoin in 2013. Today it even has a list of tokens and allows a wide range of digital currencies: Ethereum, Litecoin, Dash, monero etc.
The volume of people using Shopify is greater than 75,000 users. Thanks to the intervention of Coinbase, each year there are more people who see an opportunity to develop their business ideas due to the ease of creation, design and diversification of methods payment in digital stores.
Bitrefill
It is the largest multinational in the world dedicated to being a payment gateway to purchase gift cards. In Bitrefill you will have access to gitf cards belonging to various items, which you can buy with bitcoins or other cryptocurrencies. In addition, payment is allowed with all bitcoin wallets.
Bitrefill includes Netflix, Amazon, and similar big companies.
Moon
Moon is the first advertising platform to scale and expand the applications of blockchain and cryptocurrency companies in Brazil and in all the world.
Works as a payment bridge in cryptocurrencies towards companies that do not they admit them for the acquisition of goods and services. The process is simple and you only need to buy a prepaid card with the token of preference.
Subway
Like Starbuks, it allows you to host Bitcoins in the Bakkt digital wallet.
Subway was one of the first restaurants to accept bitcoin payments. Throughout 2013, the first premises to accept this cryptocurrency, specifically in Russia, Slovakia and the United States.
Future companies that could accept bitcoin payments
Amazon
The American company Amazon will launch its cryptocurrency ‘Amazon Token’ (blockchain digital currency that was originally proposed by Facebook) this 2022.
At the moment, Amazon does not yet accept cryptocurrency payments directly, but customers can buy coupons through Bitrefill company.
Tesla
Elon Musk, founder of Tesla, has a somewhat curious relationship with the cryptocurrencies. In fact, the electric car company had announced that would accept payments with bitcoin for the purchase of vehicles in the United States Joined. Shortly after, however, Elon Musk decided that Tesla would discontinue bitcoin transactions until at least 50% of the tokens were created using renewable energy.
Although no one knows for sure if Tesla will invest in bitcoin or accept it as a form of payment in the future, Elon Musk plans to get hold of some shares of the German automaker Volkswagen. In short, this company could also start thinking about accepting payments with bitcoin.
Greenpeace stops accepting bitcoin due to its high energy consumption Since 2014, Greenpeace accepted donations in bitcoin, but as of Last year it stopped doing it. The reason is the high energy consumption of
the cryptocurrency. That is, its low sustainability. The same argument as said Elon Musk.
Large companies begin to look to cryptocurrencies to protect themselves of inflation.
The analysis firm Gartner estimates that 20% of large companies of the world will use cryptocurrencies in 2024. It is an ambitious prediction, but the introduction of this technology in many of the platforms of traditional payments and the irruption on the scene of digital currencies of central banks, are beginning to remove fears and create high expectations.
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