Crypto

Microsoft stops accepting bitcoin as means of payment

Microsoft has pulled the plug on accepting bitcoin as a means of payment and while there were initial unconfirmed reports on r/Bitcoin subreddit, the software maker’s customer support has confirmed that they have long stopped accepting bitcoin.

Reports first emerged on Reddit that Microsoft stopped accepting bitcoin. One of the posts pointed out that a customer had tried paying in bitcoin, but the payment option to pay through the cryptocurrency was no where to be found. Refuting these reports were some posts that claimed that Microsoft was still accepting bitcoin and that people were trying to raise fear, uncertainty, and doubt (FUD).

To check if that was really the case, a few media outlets seem to have tried making a purchase using bitcoin. But that didn’t work out as the Bitcoin payment option wasn’t there. This led them to check with customer support and surprisingly, Microsoft had not only stopped accepting bitcoin as a payment option, it had done so since July 2017.

On discussing more, the customer support said that there were issues with bitcoin as a form of payment and that 60 per cent of all customers who opted to pay through bitcoin were having issues. Further, there were issues that customers were facing issues with “the redeem Bitcoin” option.

There are no confirmation from Microsoft press team or any other team for that matter except the replies from customer support and this effectively leaves those wishing to use bitcoin as a payment option hanging in the balance.

About the author

David Bizley

David Bizley

David Bizley has worked on Oilfield Technology. While performing editorial role, he also works as a contributor and is actively involved in the commissioning of material for both the magazine and its expanding online presence.

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