Microsoft Now Accepts Bitcoin Through BitPay
Microsoft, the famous multinational corporation that powers much of the world's computing infrastructure with its Windows OS, now accepts Bitcoin online for its digital products. Microsoft users, in America only for now, can even fund their Microsoft/Windows Live or XBox Live accounts using Bitcoin, at the current exchange rate. Once Microsoft's Bitcoin acceptance is at 100%, businesses and end users alike can pay for services such as Azure or even Windows Phone apps. Once Microsoft starts accepting Bitcoin worldwide, the frictionless transactions will truly begin to flow. With $86.63 b in....
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December 11, 2014 — Microsoft now accepts bitcoin. Enabled by bitpay, the tech giant now allows users to spend their bitcoins on Microsoft Content. The announcement was originally published on Firehose, Microsoft’s news blog, but even before the official announcement the bitcoin community noticed the customer support page titled “How do I use Bitcoin with my Microsoft account.” Users can add bitcoin to their Microsoft account, but are not yet able to directly purchase digital goods. “You can now use Bitcoin to add money to your Microsoft account. Once you add money to your Microsoft....
Yesterday's announcement that Microsoft is now accepting payments in Bitcoin for many of its digital products is, predictably, all over the news. Microsoft's adoption of Bitcoin is considered as a very important boost for the digital currency. Also read: Microsoft Now Accepts Bitcoin Through BitPay. BBC News notes that Bitcoin is slowly making its way into mainstream businesses, and now Paypal, Dell, Expedia, Newegg, Microsoft and many other firms accept payments in Bitcoin. One reason Microsoft is adopting Bitcoin is because it'll help make international payment processing more....
Recently the technology giant Microsoft made bitcoin payments an option for all of their United States customers on everything from tablets and phones to services like Xbox Live. Their plans aren’t just for the basics though. BitPay, the payment processor Microsoft partnered with to begin accepting bitcoins, recently spoke out about Microsoft’s vision into the future. Sonny Singh, BitPay’s chief commercial officer, said the following in an interview with CoinDesk: “Microsoft has a long-term vision for bitcoin, BitPay and the blockchain. Starting with digital goods in the US is the logical....
With the end of the week, it’s time for another Bitcoin News in Review, where we feature some of the top stories of the week here on CryptoCoins News. This week, Microsoft surprised everyone by accepting bitcoin, a security issue in Blockchain.info’s wallet led to the loss of hundreds of bitcoins, HP teased “The Machine,” a new kind of computer, and more. Keep reading for this week’s biggest news. This week, on December 11th, Microsoft surprised the web by accepting bitcoins through payment processor BitPay. The company famous for Windows, Xbox, and a range of other products now accepts....
Microsoft also Exploring Blockchain Technology for the IoT "World of Distributed, Connected Devices"
Since starting to accept Bitcoin earlier this month, Microsoft has not started offering Bitcoin acceptance globally, or for all of its products. Currently, users that wish to load their Microsoft accounts with Bitcoin are limited to $1,000 a day and $5,000 maximum. Microsoft seems to be waiting for further clarification on Bitcoin regulation before moving forward with their Bitcoin plans. Like many other companies, Microsoft is willing to try Bitcoin acceptance, which has clearly defined tax treatments, but is reluctant to do anything else thus far. BitPay Chairman Tony Gallippi has....