Microsoft Puts the Brakes on Bitcoin Payments
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....
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Despite rumors to the contrary, Microsoft's bitcoin payments program remains limited to US customers. In a statement to CoinDesk, Microsoft indicated that while it is considering expanding the program to new markets, such discussions are still in the initial stages. 'We are looking into expanding our bitcoin payment processing outside of the US, but have nothing more to share at this time,' a spokesperson said. The comments follow suggestions by Microsoft users that the company had opened up its offering to users in the UK and Germany. Microsoft first began accepting bitcoin as a payment....
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....
By the look of things, Microsoft is less keen on Bitcoin than they have ever been before. Although the technology giant announced the acceptance of Bitcoin payments several months ago, the Microsoft Store is no longer accepting digital currency payments for certain services. Existing balances can still be used, but new deposits are no longer possible. Is this a direct result of the ongoing Bitcoin block size debate, or is there a different reason? Microsoft Store Bitcoin Update. When opening this page of the Microsoft Store, there is a clear message saying how Bitcoin payments are no....
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....
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....