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Wednesday, October 4, 2017

5 Top World Companies Receiving Payment Using Bitcoin

Since the rise of Bitcoin in 2009, many merchants and retailers have begun to accept digital currencies, one of which is Bitcoin and used it until now.

Here are five Top World Companies that Accept Bitcoin Payments.

1. eGifter

eGifter is a New York-based company established in 2011, the company is ranked first. The reason eGifter is ranked higher than others is because eGifter provides many ways to spend your Bitcoin and more places.

eGifter provides gift card purchases and sends solutions for users and businesses. You can buy gift cards for yourself, for friends, or you can even buy gifts in a joint venture.

The best part is that eGifter received Bitcoin! Some online and offline stores that can receive Bitoin for your gift card purchase include: Amazon, Target, eBay, Adidas, Dominos, and more.

2. Steam

The company was first released in 2003, Steam is a digital distribution platform that offers a variety of PC games to over 89 million gamers. Steam is considered the largest distributor of video games because it has a niche market of about 75 percent.

Steam first began receiving Bitcoin in April 2016 because they partnered with Bitpay, a Bitcoin pay services company. The checkout process is the same as Coinbase, you just choose the Bitcoin payment option and Bitpay takes care of the rest.

One of the reasons Steam is more in partnership with Bitpay than Coinbase because Steam has a focus on international users while Coinbase is focused on the domestic market. Coinbase may be more appropriate in the US, while Bitpay has integration abroad.

3. Dell
Dell began receiving Bitcoin in 2014. Dell is one of the largest personal computer companies in the United States. Bitcoin payment options received by Dell are integrated with Coinbase and redirected directly to the checkout page.

When you're ready to make a purchase, add items to your cart, fill in the shipping details, you can choose Bitcoin as your payment method. Once the order is shipped, you will be taken to Coinbase for the final settlement process.

4. CheapAir

CheapAir is a New York based company. The company owned by Jeff Klee was founded in 1989 and based in California. CheapAir provides Expedia similar services that allow booking your flights and hotels.

They first received Bitcoin in 2013 and have never stopped since then. Just like with Dell, the CheapAir bitcoin payment system is integrated directly into their checkout page and is supported by Coinbase.

5. Overstock

Founded in 1999, Overstock is one of America's largest retailers based in Utah. The company founded by Patrcik M. Byrne offers a variety of products ranging from home decor to computer hardware.

Checkout process is similar to CheapAir and Dell integrated through Coinbase. When the company first began receiving Bitcoin in September 2014, Overstock listed itself as the first major retailer to receive Bitcoin.

Overstock's CEO was so interested in Bitcoin that he decided to take a step further by listing his company's shares publicly for the sake of Bitcoin. They became the first public company to issue shares through the internet.

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