There’s no shortage of coverage on cryptocurrencies in the news these days. It’s hardly news that Bitcoin has reached a new high of $62,000 for the first time in its existence, but Tesla CEO Elon Musk is investing billions in it. Even while trading in cryptos is becoming more common, there are still few places to spend virtual money because of the currency’s volatility.

A rising number of businesses, from large software firms to airlines, are, on the other hand, adopting cryptocurrency as an official payment mechanism for their products and services, enabling consumers to do the same. Check for more info here when it comes to choosing online investing platforms.

The detail of some companies which use and accept cryptocurrency and are well known, is given below:


Consumers will be able to buy, trade, and store cryptocurrencies in Mastercard-approved digital wallets, the company said in November. They will also be able to use these wallets to reward customers with digital currencies as part of their loyalty programs.

Loyalty points will no longer be used as a medium of exchange for customers to accrue and redeem incentives. Intercontinental Exchange’s NYSE-owned Digital asset Holdings Inc., a digital assets platform created in 2018, will allow the credit card giant to provide further crypto-related services to its clients.

AXA Insurance

An official decision to welcome cryptocurrencies has been in the works since the company’s latest 2019 market study revealed that about a quarter of participants aged 18 to 55 had either invested in cryptocurrency or were considering doing so.

Payments for non-life insurance plans will now be made via the cryptocurrency exchange Bitcoin Suisse, which will subsequently convert the funds into Swiss Francs, using a reference code written on the bill.


Microsoft is one of the world’s biggest software companies. Microsoft’s acceptance of Bitcoin payments is a surety of trust level of cryptocurrency. If you are user of platforms like Skype and Xbox Live, then you have liberty to exchange bitcoin for credit. You can also take benefits on top up user accounts on your platforms.

Though, the limit of the company’s interest in cryptography doesn’t end there. As part of their commitment to the Bitcoin network, Microsoft introduced ION, a two-tiered authentication system, in late March using blockchain technology. Digital IDs, rather than payment methods, are used to verify online identities.


A love-hate relationship exists between Tesla CEO Elon Musk and cryptocurrency Bitcoin. After a $1.5 billion investment in the cryptocurrency in February, Elon Musk’s company spent an additional $1.2 billion. As a consequence, Tesla has declared that it would block all Bitcoin transactions until more than half of the tokens are mined using renewable energy.


As with other tech giants like Facebook, there have been rumors that Amazon is considering its own cryptocurrency. This e-commerce company, however, does not yet accept cryptocurrency payments. Despite the fact that Bitrefill, a tool that makes it easier to live off of cryptocurrencies by converting Bitcoin into gift cards and recharging mobile phones, etc.,


PayPal now accepts payments in a number of cryptocurrencies in the United States, after an announcement made in October of last year. Using the PayPal app, you can keep tabs on the value of your Bitcoin as an added benefit. A PayPal user is not allowed to transfer money out of the company’s digital wallet. It is the biggest drawback of using PayPal for transferring money.  

This year, for the first time, PayPal clients in the United Kingdom were allowed to purchase and sell Bitcoin using the company’s website and mobile app. As of this writing, PayPal has made no announcements on international expansion.


A proposal to accept cryptocurrencies as payment for transactions on Visa’s payment network was unveiled by Visa at the end of March. USD Coin (USDC) is a dollar-pegged stablecoins that may be used by anyone who choose to do so.


As of 2014, Latvian airline airBaltic accepted Bitcoin as a means of payment for tickets for the first time in the world. Since accepting Bitcoin as a payment option for the first time in 2009, the company has purportedly processed more than 1,000 transactions.