Microsoft still takes Bitcoin

Several days ago, Microsoft’s support page said that Microsoft would no longer accept Bitcoin as a payment method which gave the whole world anxiety because Microsoft itself includes Ethereum’s blockchain on their Azure platform and they are a huge fan of blockchain tech.

“Microsoft Store doesn’t accept Bitcoin. You can no longer redeem Bitcoin into your Microsoft account. Existing balances in your account will still be available for purchases from Microsoft Store, but can’t be refunded,”stated the original update

While it did say the changes will be targeting Windows 10 and 10 mobile users specifically, it could have been the end of Bitpay support for all of Microsoft’s products because a large amount of Microsoft users use Windows 10.

After fear of the end of Bitcoin spread like wildfire, according to The Verge, Microsoft said that the support post had false information and they will continue accepting Bitcoin through BitPay.

“We continue to support Bitcoin for adding money to your Microsoft account which can be used for purchasing content in the Windows and Xbox stores. We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected.” -Microsoft

This problem was noticed by Softpedia and they said “the existing balance in your account can still be used for transactions in the store, but you can’t make any new deposits using Bitcoin.”

Microsoft allows users in the United States to use Bitcoin as a payment option through BitPay API to add funds to their accounts. Sadly, in Canada, Microsoft has not released this option yet so I spent about 10 minutes searching through the internet looking for it.

By now, Microsoft has removed the original post to make sure there is no further confusion with the acceptance of Bitcoin on Microsoft on-device stores.

sources:

http://www.theverge.com/2016/3/14/11218806/microsoft-bitcoin-windows-store

Angus

Angus is the Editor-In-Chief and creator of Technology Is Key. He enjoys tech and business and also runs Adventure Bitcoin.

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