Bitcoin is on a high-rise. As of now, many companies are looking into ways to accept Bitcoins. Not only this, but government agencies are also looking into ways to accept virtual currencies. Many large corporations like Microsoft and Dell have embraced crypto payment. Large corporations and small businesses are also looking into ways to accept Bitcoins.
To sum it all up, it would be noteworthy to say that the popularity and usage of Bitcoins in the coming years are only going to increase. With government and business corporations’ support, it is highly unlikely that Bitcoin would lose its popularity and importance.
We are sharing a list of popular retail stores which are now taking Bitcoins as payment for their service.
- Subway
In 2013, the subway was the first retail store chain that started accepting Bitcoins as payment. Many of the locations accept Bitcoins as payment, but the company did not integrate this service or this mode of payment into all its stores across the globe. Subway also partnered with an e-gift company from where you can buy subway gift cards and pay through Bitcoin. So instead of paying Bitcoins at its stores, you would require to use e-gift cards you brought through Bitcoins.
- Starbucks
Another name on this list is the popular coffee joint, Starbucks. Here also, Starbucks does not accept Bitcoins as in-house payment. Rather, it accepts them through a mobile app in their digital wallet. The mobile app they use to accept this mode of payment is called IpayU. When you are giving your order at the cash register, you can add the payment to the app and then pay to Starbucks through the application. This is rather a roundabout way to make the payment.
- Dominos
Domino’s pizza franchise in the Netherlands was the first to start Bitcoin pizza day when they first partnered with BTC Direct and used it to pay the salary of 1000 employees on Bitcoin and started the Bitcoin pizza day. It is also to honor Laszlo Hanyecz, the first person to order pizza and pay for the pizza in Bitcoins. It is still a long way from when Bitcoins would be used as digital currency in every retail store, but these small steps are good progress.
- Coca-Cola
It is still not clear or integrated with every store of Coca-Cola, but Coca-Cola has a partnership with center pay to accept Bitcoins as payment. The noteworthy work in integrating Bitcoins in Coca-Cola was when Coca-Colastarted accepting Bitcoin payments from 2000 vending machines in New Zealand and Australia. It was coca cola’s way of supporting Bitcoin and cryptocurrency.
- Home Depot
Accepting Bitcoins as payment in Home Depot simply means you can build an entire house using Bitcoins. Although Home Depot does not directly accept Bitcoins, it does accept Bitcoins through the flexa checkout system installed in every home depot store. The flexa checkout system has made the Bitcoin transaction between an individual and Home Depot quite seamless and effective.
- Wholefood
This is an Amazon owned grocery store. Wholefood like Home Depot, accepts Bitcoin payments through Flexa Pay. You can now buy all your groceries using Bitcoins from whole food. The process is that they have scanners across every store, and you must scan your wallet to make the purchase. They are open to accepting many cryptocurrencies apart from the traditional and long-term currency “Bitcoin.”
Wrapping it up !!!
It is to say that Bitcoins are slowly being integrated into retail stores, which helps us with our daily needs. To summarize this, we can now build a house (Home Depot), buy a car (Tesla), buy groceries (whole food) or our coffee (Starbucks ) or our snacks(subway) through Bitcoins. Be it buying groceries or buying ice cream (Baskin Robbins). We can find the use of Bitcoins everywhere.
As such is the nature of any cryptocurrency, that they are digital, and hence the process of accepting Bitcoins is slightly different from accepting fiat currency. If you are interested in trading and want to invest in cryptos, you must visit Bitcoin Era. You can explore other platforms as well. But make sure that they are trustworthy and credible.
