Who Accepts Bitcoin as Payment | List of 20+ Major Companies【2022】

Who Accept Bitcoin as Payment in 2022?

Bitcoin — the first cryptocurrency — is very popular among crypto-enthusiasts and even skeptics. The first documented transaction made with Bitcoin happened in May 2010 when a Bitcoin Forum user bought 2 large Papa John’s pizzas for 10,000 BTC. In 2010, BTC was worth a few cents; in 2022, 10,000 BTC are worth over $300,000,000.

Today, Bitcoin can be used to pay for goods and services, donate to charity, and even adopted as a legal tender by a country—El Salvador. Are you wondering how many merchants accept Bitcoin? So many have adopted BTC as means of payment, these companies vary by industry, and this article will sort them out.

Companies That Accept Bitcoin Sorted by Industry

Major Online Retailers

Online shopping has become the standard because it is a more convenient way for most people to purchase items. You can also use a digital currency like Bitcoin to buy products from some of your favorite online retailers. Here are several online retailers who accept Bitcoin in 2022:

Amazon

Despite expectations that the eCommerce powerhouse would start accepting cryptocurrency, in April 2022, Amazon's CEO — Andy Jassy, stated that the corporation was not yet ready to accept bitcoin as payment.

So, Amazon does not directly accept Bitcoin or any other cryptocurrency. Buying Amazon gift cards with cryptocurrency is the simplest way to spend the digital asset on Amazon.

Overstock

Overstock.com was one of the early adopters of cryptocurrency.  Overstock became the first major retailer to accept bitcoin as payment in January 2014. Overstock was already a Bitcoin veteran before the pandemic made it one of the world's largest e-commerce platforms.

Home Depot

Home Depot, one of the largest hardware store chains in the United States, is one of the stores that accept Bitcoin. Customers can pay in the most widely used digital currency, but the currency is instantly converted to US dollars. Home Depot simply requires that its balance sheets be submitted in USD, regardless of the currency they accept. So they use the Flexa system to accept Bitcoin. Flexa instantly converts BTC to USD, giving both parties exactly what they desire.

This method allows you to rebuild your entire home's kitchen by paying with Bitcoin.

Software Online Services

Software developers all across the world accept Bitcoin and other cryptocurrencies. Software companies are, in fact, essential in the creation of blockchain-related technologies.

Microsoft

The company started accepting Bitcoin as a form of payment in 2014. Then you could use Bitcoin to buy games, applications, and other goods. Due to pricing swings, the method was put on hold, but it has now been resumed. The Xbox store currently accepts Bitcoin as well.

Intuit Labs

Intuit Labs accepts payments in Bitcoin. It is the company that developed Quickbooks—tax preparation and accounting software.

Hosting/Cloud Services/VPN

Given that a VPN encrypts and anonymizes your internet connection, it's no wonder that cryptocurrency users would want to use one to conduct Bitcoin purchases. Bitcoin transactions would be even more private with the use of a VPN. Below are several hosting, cloud, and VPN services who accept bitcoin right now:

NordVPN

NordVPN is one of the world's largest and most secure VPNs; it's no surprise that you have a variety of payment alternatives. You can utilize ways that are more secure and thus more private in addition to the majority of the usual payment alternatives.

NordVPN allows you to pay using Bitcoin (BTC). You can use the VPN without concern that your money will be traced back to you because it is anonymous. Other cryptocurrencies, like Litecoin, Ethereum, Dash, Monero, and others, are also accepted on the platform.

ExpressVPN

Like other top VPNs, Bitcoin is accepted as a payment method by ExpressVPN. It has been accepting cryptocurrency payments since 2014. This shows the importance the company places on privacy.

Bitcoin is listed as a payment method on the ExpressVPN payment page. It also accepts stablecoins like USDC, BUSD, PAX, and GUSD. You can also pay for your subscription with Ethereum or XRP.

Gift Card Services

You can use cryptocurrency to shop for yourself, but you can also give a gift card to friends and family. With only a few clicks, you'll be able to make payments in virtual currencies worldwide.

CoinCards

Coincards.ca is a platform that aims to make it easier for individuals to spend their cryptocurrencies in places that don't accept them directly. Millions of people swap their Bitcoins (BTC) for gift cards that may be used to shop in stores.

Bitrefill

At Bitrefill.com, you can use Bitcoin to top up your phone, pay bills, and purchase Gift Cards from thousands of stores worldwide.

Gyft

It is an online gifting platform where you may purchase a gift in exchange for Bitcoin.

Restaurants That Accept Bitcoin

no longer just pizza you can buy with bitcoin; the number of restaurants accepting it is gradually expanding.

Starbucks

Since 2020, Starbucks has been accepting bitcoin through its Starbucks app. Customers can add bitcoin and other cryptocurrencies to their Starbucks cards to increase their payment options.

Burger King

Burger King Germany and Burger King Venezuela began allowing bitcoin payments on their websites in 2019. Soon after, several locations around the world now accept Bitcoin as payment.

Subway

The first major restaurant business to accept Bitcoin was Subway. In January 2013, the first Bitcoin purchase was made at a Subway in Moscow, Russia. After May 2010, this was the second time food was purchased with Bitcoin.

Although not all Subway restaurants accept Bitcoin today, keep an eye out.

Travel With Crypto

A large number of travel companies currently accept Bitcoin. The decentralized currency can be used to make reservations at the following travel agencies:

Cheap Air

Customers of CheapAir.com could pay for flights with bitcoin as early as 2013. You may now pay for hotels and airfare directly on CheapAir.com with bitcoin, or you can pay with various other cryptocurrencies.

Travala

The blockchain-based travel platform, which launched in 2017, accepts cryptocurrency in addition to credit and debit cards. Crypto can be used to pay for hotel reservations, flights, tours, and activities.

Banks & Payment Services

Banks have now moved into providing cryptocurrency-friendly services for the welfare of the wider public, thanks to recent improvements in the fintech industry.

Goldman Sachs

According to a recent report, Goldman Sachs, one of the top Wall Street businesses, is looking into various options for providing a crypto custody service. In April 2022, a borrower used BTC as collateral for a cash loan using Goldman's secured lending facility.

Benefits & Drawbacks

Banks and payment services have increasingly accepted BTC as payment in recent years. This trend has several benefits, such as increased security and efficiency. However, there are also some drawbacks, such as the potential for fraud and the loss of customer confidence.

Overall, the trend of banks and payment services accepting bitcoin as payment is positive. It offers several benefits that can outweigh the drawbacks. However, businesses need to be aware of the potential risks involved so that they can take steps to mitigate them.

Online Media & Marketing

Email Services (Mailfence)

In 2016, the Brussels-based secure email services provider began accepting Bitcoin payments. Mailfence, which runs on a subscription model, accepts BTC to pay the Entry and Pro plans. The move to add support for digital currencies is consistent with the tech company's ongoing efforts to improve its private and end-to-end encrypted email services.

Mailfence Ultra is the only service that users cannot pay for with BTC.

Non-Profits & Charity

Charities that accept Bitcoin payments are a great way to attract more donors. Since many of them might not deal with fiat currencies, it is an ideal way to give back to society.

Wikipedia

Wikimedia, the corporation behind the well-known encyclopedia Wikipedia, was another early adopter. In 2014, they also began accepting Bitcoin as a payment method for donations. However, the website no longer accepts cryptocurrency donations since May 2022.

Wikileaks

Wikileaks, which is a little more controversial, also accepts Bitcoin. They are well-known for being one of the first organizations to take Bitcoin.

Save the Children

Save the Children is a non-profit organization that works to improve the lives of children in the various continents of the world. In 2013, Save the Children, the world's largest and first international NGO began accepting Bitcoin and other cryptocurrencies as donations.

Others

Twitch

Twitch — a video streaming platform — started allowing Bitcoin payments in 2014 but quietly discontinued them in 2019. Although there are numerous advantages to adopting Bitcoin as a payment method, it is unreliable enough for everyone.

They reintroduced the payment option a year later. In addition to Bitcoin, this platform accepts Ether (ETH) and lesser-known crypto assets such as PAX, USDP, and Binance USD (BUSD).

BMW

If you've always wanted to acquire a brand new BMW using BTC, you can now do so thanks to the growing number of merchants who take Bitcoin. These include local car dealerships near you offering clients attractive purchasing alternatives. All you need to do is find out if it is possible to pay with Bitcoin.

Will More Companies Start Accepting Bitcoin?

More companies are accepting Bitcoin and other cryptocurrencies as a means of payment. In December 2021, Elon Musk announced Tesla would take DOGE for some of its merch and supercharge stations. McDonald’s locations in El Salvador also accept BTC, and it is suspected more places will do the same.

These little economic changes will not come easy, especially due to regulation from the government and crypto market volatility. But there will come a time when many companies will accept BTC and other cryptocurrencies.

Should You Accept Bitcoin in Your Online Store?

Accepting BTC in your online store depends on business size, profit, and risk management. Cryptocurrencies are highly speculative, and due to the market volatility, if you cannot take the loss, it will be better to avoid accepting crypto payments. Even with their risk factors, cryptocurrencies are transparent, easy to transfer, and decentralized, making them a better option for safe and secure payment.

If you have made up your mind after your BTC thorough research, Hashbon is the best place to start. Hashbon is a crypto payment platform established in the Czech Republic in 2016.

The platform now supports over 30 currencies, focusing on ease of integration and a seamless user experience. Individuals and businesses can accept Bitcoin and other cryptocurrencies as payment on the global payment platform. Hashbon's all-encompassing payment service platform includes all of these features.

Create an account on the platform and verify your identity to get started.

Conclusion

While not many companies accept Bitcoin right now, it is apparent that the use of Bitcoin as a payment method is growing yearly. A company that accepts Bitcoin expands its number of prospective customers. It is no surprise that many consumers choose Bitcoin because it allows for quick and safe transactions.

Suppose your favorite company is not mentioned in this article. In that case, you need to conduct more research to determine whether they accept BTC.

Frequently Asked Questions

  • What can I buy with Bitcoin?

You can buy anything with BTC, from pizza to jewelry, cars, and home appliances.

  • Does Amazon accept Bitcoin?

Amazon does not directly accept Bitcoin, but you can buy gift cards with BTC.

  • Does Microsoft still accept Bitcoin?

Yes, Microsoft is still accepting Bitcoin.

  • Does Starbucks accept Bitcoin?

Starbucks doesn’t directly accept Bitcoin Payment; you can only add BTC to your Starbucks card.

  • Do Hotels accept Bitcoin?

Hotels all across the world have begun to accept bitcoins as payment. Some hotels accept direct payment with BTC, while others receive payment through gift cards.

  • Does Expedia still accept Bitcoin?

Expedia was a pioneer in accepting bitcoins as a form of payment in 2014, but it stopped doing so in June 2018. In 2020, BTC payments on Expedia were available again using the crypto-friendly booking site Travala.com.

  • Does eBay accept Bitcoin?

No, eBay is currently not accepting Bitcoin payments.