These Are 14 Of The World's Largest Companies That Accept Bitcoin And Altcoin Payments, Including Starbucks, Coca Cola, Tesla, And Amazon
World company that accepts crypto payments (bmmagazine)

JAKARTA – Recently, cryptocurrencies have often become news headlines because their prices continue to soar, regardless of their volatility. Crypto investors and traders have also increased significantly. In addition, a number of giant companies are reportedly starting to accept payments with cryptocurrencies.

Launching EuroNews, a number of large companies ranging from technology companies to airlines are starting to adopt cryptocurrencies. It allows customers to pay for goods and services using cryptocurrency.

The following is a list of the world's largest companies that accept payments with Bitcoin and Altcoins ranging from hotels to airlines.

Pavilion Hotels & Resorts

Hong Kong-based Pavilion Hotels & Resorts is one of the newest companies to accept cryptocurrency payments. Pavilion Hotels & Resorts has become the first international hotel chain to adopt crypto as a means of payment.

Pavilion Hotels & Resorts are spread in various parts of the world such as Madrid, Amsterdam, Rome, Lisbon, and Phuket, as well as Bali. The international hotel chain company is rumored to be accepting hotel bookings using 40 cryptocurrencies including Bitcoin and Ethereum since last July as a result of the company's partnership with payment platform Coindirect.

AXA Insurance

Insurance company AXA has been allowing Bitcoin as a payment option for its customers in Switzerland since last April. Before the decision was implemented, the company conducted research in 2019 and found that a third of respondents aged 18 to 55 were interested in investing in crypto.

Customers will get a reference code in their non-life insurance policy bill to make payments via the Bitcoin Suisse crypto exchange. The exchange will convert crypto payments to Swiss Francs.

Microsoft

At tech giant Microsoft, Bitcoin can be used to make payments for Microsoft's video game services and video teleconferencing applications such as Xbox Live and Skype. The adoption of crypto payments is an important step for large companies like Microsoft in increasing market confidence.

Starbucks

Starbucks terima pembayaran dengan kripto (peru-retail)

After a series of trials, Starbucks customers are now able to use the Bakkt app to pay for coffee using Bitcoin. The developer of the application revealed that there were 500,000 customers who had accessed payment services with Bitcoin for Starbucks at the trial stage of the payment method.

Tesla

The boss of Tesla's electric car manufacturer, Elon Musk, has accepted the purchase of Tesla using Bitcoin this year. Although some time later Musk suspended the payment because he was concerned about the environmental impact caused by Bitcoin mining activities using fossil energy.

Tesla terima pembayaran dengan Bitcoin (Business Insider)

Elon Musk has also invested in Bitcoin worth 1.5 billion US dollars or around Rp. 21.5 trillion. He also announced that Tesla will reopen payments with Bitcoin if BTC mining has switched to around 50 percent renewable energy.

Amazon

Jeff Bezos' company, Amazon, is reportedly joining the ranks of other tech giants such as Facebook in creating its own cryptocurrency. Although some time ago Amazon was rumored to be accepting cryptocurrency payments, the company reported that it did not accept crypto payments immediately.

Even so, users can buy vouchers on Amazon via the Bitrefill crypto platform. With Bitrefill Bitcoin can be converted into gift cards, can be used to top up cellphone cards, and various other functions.

Visa

In March, credit card company Visa partnered with the Crypto.com platform to accept cryptocurrency payments. Latest news Visa also accepts stablecoins such as USD Coin (USDC).

PayPal

PayPal users in the United States can also buy, sell, or store a number of cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) within the PayPal app.

Apart from PayPal users in the US, UK users are also reportedly able to trade Ethereum, Litecoin, and Bitcoin Cash cryptocurrencies on the PayPal web and mobile app. However, until now PayPal has not announced whether they plan to expand the service to other countries in the world.

airBaltic

AirBaltic airline company has accepted payments with Bitcoin in 2014. The company reports that it has processed more than 1,000 payments with Bitcoin since airBaltic released the payment option 7 years ago. The decision was followed by LOT Polish Airlines.

Maskapai airBaltic terima pembayaran dengan Bitcoin (vestikavkaza)

LOT Polish Airlines

In 2015, Polish airline LOT Polish Airlines announced it was accepting Bitcoin payments for the purchase of air tickets. LOT became the airline company in Europe to accept cryptocurrency as a new payment method after airBaltic.

Sotheby's . Auction House

Since late June 2021, auction house Sotheby's has started accepting cryptocurrencies as payment. Apart from crypto they have also started auctioning off digital art non-fungible token (NFT) assets.

After the announcement of accepting crypto, it wasn't long before Sotheby's reportedly accepted the purchase of a 101 carat diamond in Bitcoin. At that time the diamond was sold in July for 12.3 million US dollars (Rp176.5 billion). The diamond was sold at the highest price bought with cryptocurrency in an auction.

Sotheby's accepts Bitcoin and Ethereum as its means of payment. However, the auction house places certain restrictions on payments with crypto as it will only be accepted through approved crypto exchange wallets such as Coinbase.

Coca Cola

Coca-Cola dikabarkan terima pembelian produk dengan uang kripto (Coca-Cola Company)

The largest beverage company in the Asia Pacific region, Coca Cola has announced cryptocurrency as its payment option after the company partnered with the Centrapay platform. There are currently over 2,000 vending machines in Australia and New Zealand that can accept cryptocurrency purchases.

Expedia

Expedia is a leading travel agency that accepts Bitcoin payments. The decision is the result of the company's partnership with Travala, a crypto-friendly travel booking platform.

Currently, users can book rooms at 700,000 hotels listed on its website. Payments can be made in 30 different cryptocurrencies, including Bitcoin.

Lush

Cosmetics sales company Lush has been accepting payments in cryptocurrencies since 2017. The handmade cosmetics company accepted the Bitcoin payment option on its website after Lush teamed up with Bitpay.com.

This is a list of the world's largest companies that accept payments in cryptocurrencies such as Bitcoin and Altcoins. It is not yet known whether in the future a number of other large companies will follow the steps of the big company in accepting payments with cryptocurrencies. It seems that the decision to accept crypto payments is part of the company's trust in cryptocurrencies.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)