Microsoft surprise many by accepting bitcoin payments

This week Microsoft announced that it was opening up to accept Bitcoin payments for its Xbox Live platform and Windows and Windows Phone stores through an integration with BitPay, a firm that provides bitcoin payment processing. Initially, bitcoin will be used to top-up Microsoft accounts, rather than to pay directly for a service or payment. Nevertheless, this move makes sense for Microsoft and aligns well with the younger demographic of Xbox Live. It definitely adds a serious dose of credibility to the crypto-currency, and is likely to spur on other tech giants to follow suit. For more commentary see the link below.

Leave a comment