Top 5 Companies That Accept Crypto Payments
Cryptocurrencies have entered our daily lives like never before. Though many countries still do not accept crypto payments, several businesses now offer them to their customers.
Currently, over 15000 companies use crypto payments worldwide. Here are the top 5 companies that accept crypto payments.
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Tesla
Tesla accepts Dogecoin for merchandise purchases. Tesla’s founder, Elon Musk, has long been a Dogecoin supporter. In the past, Musk has tweeted cryptic tweets reiterating his support for Dogecoin.
One of Elon’s Dogecoin Tweet, https://x.com/elonmusk/status/1832853069786452472
The billionaire was also involved in a 2018 Dogecoin lawsuit worth $258 billion, which he ultimately won in 2024.
Earlier, Telsa used to accept Bitcoin payments but stopped accepting Bitcoins in 2021.
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PayPal
PayPal is a globally recognized payment app that is helpful for local and international money transfers, online checkouts, and business payments.
PayPal jumped late into the crypto wagon in August 2023 with the launch of its PYUSD stablecoin. The company soon started accepting crypto payments and, a month later, even began selling cryptocurrencies to its users.
However, the service is only available to its US customers now and is expected to expand in the future.
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Bitrefill
Best Buy is a US retail giant with over 1050 stores. Here, you can buy the most diverse range of goods with crypto.
Surprisingly, Best Buy does not accept crypto, but a third-party crypto company helps you pay at Best Buy with crypto. The workaround is provided by Bitrefill, a crypto company that lets users buy Best Buy gift cards, which they can then use to pay their bills in stores.
This ingenious way of payment lets users adopt crypto and helps Best Buy become a crypto-friendly business. Further, since Best Buy passively outsources the crypto payments to Bitrefill, it makes a win-win situation for all three.
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Microsoft
We all use Microsoft products in our daily lives, whether it be Windows, MS Office, Azure cloud, or Xbox. Even if we don’t realize it, many cloud storage solutions, including mobile apps, depend on Azure for storing tech data.
The global software giant Microsoft accepts crypto payments for its software, SaaS, and other services. However, the payments are accepted via Bitpay, a well-known crypto exchange.
You do not need a Bitpay account or app to check out in the Microsoft store using Bitpay.
While checking out, select Bitpay, connect your wallet, and select the crypto you will use to pay. Once you have done this, a QR code will appear on the screen, which you need to scan using your wallet and sign the transaction to pay.
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Starbucks
Another business we interact with daily is Starbucks, a well-known beverage house with a global customer base.
It is another globally recognized brand that lets its customers pay in crypto. The company has been allowing customers to refill their wallets with crypto.
To buy coffee or tea at Starbucks, you must file your Starbucks wallet with crypto and then use the wallet to pay for your purchase. The iPayYou wallet brings the crypto service to customers.
Alternatively, you can also use Bitrefill to buy a Starbucks gift card and pay with crypto.
Frequently Asked Questions
Which crypto is best for payments?
Bitcoin seems to be the best choice for crypto payments. It is widely recognized, allows secure crypto transfers and also has several scaling solutions like Lightning for easy use.
Does Amazon accept Bitcoin?
No, Amazon does not accept Bitcoin payments.
Does Expedia still accept Bitcoin?
No Expedia stopped accepting Bitcoins in 2018. The company took the step after using it since 2014.
Can I pay a non-crypto business via crypto?
Several apps like Crypto.com allow people to pay directly from their crypto balances. This works through an instant conversion where Crypto.com sells your crypto to pay the business in fiat.
What are the other ways to pay using crypto?
Crypto debit cards also allow you to pay directly from your crypto wallet balance. MasterCard offers one such card.
Is it legal to pay with crypto?
Unless cryptocurrencies are outright banned in your country(Iran, Nepal, China) or heavily regulated like in Russia, you can easily pay in crypto if someone is willing to accept payments.
Are crypto payments safe?
You are usually safe if you use trusted crypto apps and make payments to trusted counterparties.
How can I accept crypto payments for my business?
Crypto payment gateways like CoinGate, Coinbase Payment Gateway, or Stripe make it easy to get paid using cryptocurrencies.