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Who Says Microsoft Will No Longer Accept Bitcoin Payments?

Who Says Microsoft Will No Longer Accept Bitcoin Payments?
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Who Says Microsoft Will No Longer Accept Bitcoin Payments?

There was this sudden news spreading like wildfire that said Microsoft will no longer accept bitcoin payments in Windows 10 Store. It appears that the news first picked up by online publication Softpedia was not true after all. What is surprising is that the source of the original story was none other than Microsoft’s Reddit account.

As per the report published by ZDNet, the reddit post reads, “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.” On the same post, users reported that they are still able to make Bitcoin payments. The Reddit update has now been deleted.

Clarifying the issue, a Microsoft spokesperson said, “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.

According to the same report published by ZDNet regarding Bitcoin payments, Eric Lockard, Microsoft Universal Store’s Vice President, had said, “For us, this is about giving people options and helping them do more on their devices and in the cloud. The use of digital currencies such as bitcoin, while not yet mainstream, is growing beyond the early enthusiasts. We expect this growth to continue, and allowing people to use bitcoin to purchase our products and services now allows us to be at the front edge of that trend.”

Why Microsoft posted such an update is something we are not sure of, but it does not look like an accidental post. The company deleted the thread after facing opposition for announcing that the Windows 10 Store will no longer accept Bitcoin payments. If Microsoft gives any valid reason for this, we will update you about the same.

Read Also:  Should You Download Windows 10 Or Stick To Windows 7, 8?

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About Shreya Naik

Shreya likes to keep herself updated about the happenings in the Tech world, and also to cover the tiniest of activity related to all the major players in the industry. You will find her writing mostly about upcoming gadgets, new releases, their reviews and other hot stories.

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