It appears that software giants Microsoft is the latest company to officially recognise Bitcoin as a method of payment. The company will now allow users to purchase items from the Windows Store, Windows Phone Store and Xbox Store. The only downside, however, is that Bitcoin as a payment option is only limited to customers based in the USA for now.
Contrary to what you may think, Microsoft has said that users won’t be able to directly buy an item of their choice using the cryptocurrency. Instead, users will have to purchase digital credit that comes in options of US$10, US$15, US$25, US$50, US$75, and US$100. After the user has added credit into their account, they will then be free to purchase content from the three stores.
The addition of Bitcoin as a payment option is the product of an agreement between the Redmond-based company and Bitpay, a payment gateway for Bitcoin. With the cryptocurrency being recognised as a valid payment option, Microsoft joins the likes Dell and other companies.
Hopefully Microsoft rolls out Bitcoin support for its Malaysian customers soon as we’re sure there are quite a number of users that use the cryptocurrency when making purchases. If not, why else would there be an official Bitcoin vending machine here?