Microsoft Adds Bitcoin Payments for Xbox Games and Mobile Content
Additional information from Microsoft's formal announcement added. Global computing giant Microsoft has added bitcoin as a payment option for a variety of digital content across its online platforms. According to the company's payments information page, US-based customers can now use bitcoin to add money to their accounts, which can then be used to purchase content like apps, games and videos from its Windows, Windows Phone and Xbox platforms. The surprise announcement, which is the result of an integration with Georgia-based bitcoin processor BitPay, adds yet another major tech player to....
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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....
Microsoft wants to know if gamers would spend crypto at the Xbox online store. Tech giant Microsoft seems to be considering introducing Bitcoin (BTC) payments at its Xbox gaming console online store.According to a March 21 Reddit post on r/XboxSeriesX, Microsoft has put out a survey asking Xbox users about their preferred payment options at its online store.“Which of these other payment methods would you like to use on Xbox?,” the purported survey asks, listing Bitcoin as one of the potential payment methods. The same photo has also been circulating across several other subreddits....
Despite reports surfacing over the weekend that software giant Microsoft is drawing back its support for bitcoin payments, its website is still processing and crediting bitcoin payments. A notice posted by the tech giant said that its Microsoft Store online shop was not accepting bitcoin, with the policy applying to Windows 10 and Windows 10 Mobile in particular. “You can no longer redeem bitcoin into your Microsoft account,” the page states. “Existing balances in your account will still be available for purchases from Microsoft Store, but can't be refunded.” Microsoft made significant....
While Microsoft may accept Bitcoin for its Xbox Games Store could be a good sign for the industry, it is unlikely to have a major impact. Microsoft has been sending mixed signals when it comes to its true intentions regarding Bitcoin (BTC) as well as the cryptocurrency market in general. On one hand, Microsoft president Brad Smith gave an interview earlier this year, claiming that the multinational was not even the least bit interested in dabbling in Bitcoin, stating that Tesla’s move to invest $1.5 billion had not changed anything for the company.However, just a couple of days ago, the....
Software and hardware giant Microsoft is no longer accepting Bitcoin payments made on the Windows 10 store. The move comes a year after the corporation began accepting Bitcoin via BitPay. Notably, the move hasn’t affected users purchasing credit via Bitcoin on to their Microsoft Xbox accounts. In a new ‘how-to’/FAQ post, the Redmond-based giant has announced that the Microsoft Store – a platform which sees all of Microsoft’s flagship software including Windows and Office, as well as its line of hardware products – is no longer accepting Bitcoin. The post simply reads: You can no longer....