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Where can you pay with bitcoin?

places you can pay with bitcoin

February 10, 2021 | 

JOHN K MWANIKI |  0 Comments| 

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For the past several years, bitcoin has been the hottest topic in the world of finance. As the most dominant cryptocurrency, many people have a better understanding of bitcoin and how it works. As a result, millions of people worldwide are investing in it and realizing large profits. 

Similarly, many companies have embraced the world of cryptocurrency. From small to medium to major retailers, many of them allow their customers to pay with bitcoin. Due to the global acceptance of crypto payments, this number continues to multiply. Without further ado, let us list some interesting places that accept bitcoin payments.

Pay with bitcoin for food and beverages

Thanks to PizzaForCoins in California, U.S., you can enjoy your favorite Domino's Pizza by paying using cryptocurrency. By placing their orders on the website and choosing their preferred pizza from their wide selection, they can pay for it with bitcoin.

Likewise, a Burger King franchise in Russia authorized its customers to make bitcoin payments. There have also been speculations that the Russian government will officially allow cryptocurrency payments soon.

One of Asia's best restaurants, Eat Me Bangkok, also allows its customers to make bitcoin payments. Bitcoin users can now enjoy a wide variety of meal options from the prestigious franchise and pay using digital currency

Pay with bitcoin for a brand new automobile

The automotive industry is also taking advantage of this revolutionary digital currency. Now, you can buy brand new cars from automobile manufacturers using cryptocurrency. 

Tesla, one of the largest automobile companies in the world, accepts crypto payments. In 2013, there was news that a Florida native purchased a Tesla S model from a Lamborghini dealership in New Port Beach. Using 91.4 bitcoins, the Florida-based man bought the $103,000 worth vehicle. This was the first time bitcoin payments bought a luxury car. 

BMW is another automobile manufacturer that has embraced this revolutionary digital currency. Many local dealerships in the U.K. accept bitcoin payments. Thus, it is possible for you to own your favorite BMW model vehicle from digital currency.

Pay with bitcoin in banks and other financial institutions

Due to the popularity and global acceptance of cryptocurrency, many banks have also begun providing cryptocurrency-friendly services. Due to their fast and secure nature, such transactions ensure better financial inclusion and efficiency for the community's betterment.

Change Bank is the first decentralized crypto bank that offers a wide variety of crypto uses. It provides its clients with a crypto wallet that sends and stores crypto. It also offers a crypto spending card for buying goods and services. The clients can also earn rewards from using Change tokens as a mode of payment. This bank provides financial services through blockchain technology for fast, smooth, and reliable transactions.

Another bank that uses bitcoin and other cryptocurrencies is the Fidor Bank. This German digital bank offers its users a variety of modern banking options. Some of them include various digital payment systems. Through Kraken, the bank has plans to establish a fully functional crypto bank soon. 

Goldman Sachs, one of the largest and most reputable Wall Street firms, is another financial firm that has embraced crypto. Reportedly, it is taking steps to research how to establish a crypto custody offering. In the past, the firm announced that it was to set up a bitcoin trading operation. This would allow them to trade bitcoin futures for their institutional clients.

Royal Bank of Canada and Toronto Dominion Bank also accommodate cryptocurrency-related card purchases. But, they regularly review the regulatory risks and other related factors affecting crypto. In turn, this provides their clients with the best help when it comes to the cryptocurrency market. For instance, the Toronto Dominion Bank stopped its clients from buying bitcoin using credit cards after previously authorizing this transaction.

Pay with bitcoin when traveling

The tourism industry has also been pushing various airlines to accept bitcoin payments from their customers. An example of an airline that uses bitcoin is CheapAir.com. As one of the first airlines to start accepting bitcoin payments, it also accepts ticket payments using BCH, Dash, and Litecoin. Also, this payment option extends to booking various hotels. Virgin Galactic also has future plans to accept bitcoin payments from its customers.

Other examples of airlines that accept bitcoin payments include:

  • Abitsky.com

  • Destinia.com

  • Peach Aviation

  • LOT Polish Airlines

Pay with bitcoin in tech companies

Global tech companies have widely accepted the use of cryptocurrency in the financial market. As a result, they have played a significant role in advancing the development and widespread acceptance of cryptocurrency and its underlying blockchain technology.

Microsoft is one of the largest technology companies in the world. It has championed the use of crypto within their systems. Since 2014, its customers can pay with bitcoin when purchasing software, games, and various apps.

PayPal, a leading payment platform, also allows its vendors to accept bitcoin and other cryptocurrencies as payment forms. The platform uses a unique system that enables buyers to pay with bitcoin. The bitcoin payment is then automatically converted into fiat currency. This conversion fully relies on the available PayPal rates at that current time. The balance is then sent to the vendor's bank account or PayPal digital wallet.

Thanks to the PayByCoin service, Intuit also allows its merchants to accept bitcoin payments. The California-based financial management company also uses Coinbase. This offers its customers a quick and convenient form of processing payments.

Conclusion

As time passes, more and more businesses are allowing their customers to pay with bitcoin. It is but a matter of time before cryptocurrencies take part in mainstream business transactions. Also, crypto enthusiasts can use virtual maps to find physical locations that accept bitcoin payments. For example, Coinmap allows its users to add their businesses and locations if they use bitcoin as a payment mode.

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