Who could have predicted that Dogecoin (DOGE) would become so popular as a lighthearted memecoin that it would be accepted as payment by so many retail outlets and businesses? Transferring a cryptocurrency appears to be a hard procedure, almost like a sci-fi process; thus, memecoin becoming a payment option was simply inconceivable.
The Dallas Mavericks, BOTS, Inc., AirBaltic, Newegg, and Post Oak Motor Cars are among the well-known companies that accept DOGE payments. This demonstrates how businesses are now willing to experiment with crypto payments other than Bitcoin (BTC) and Ethereum (ETH) in order to increase sales and make life easier for their customers.
This post will explain why businesses are interested in Memecoin. Furthermore, we will examine notable businesses that take DOGE payments.
Who takes Dogecoin?
Dogecoin has slowly grown in popularity, and various businesses all across the world now accept Dogecoin payments. If you look around, you will find various stores that accept Dogecoin. Consider the following large retailers that accept Dogecoin:
Tesla now accepts Dogecoin in exchange for products. Elon Musk’s Tesla includes all dogecoin-priced products. The coin’s logo appears next to the “Order” button on all Tesla products that can be purchased using DOGE. The company’s Santa Monica supercharging station was the first in its network to accept Dogecoin as payment.
Popular Tesla goods, such as the “Cyberwhistle” and “Cyberquad for Kids” can be purchased using Dogecoin. The source code on the company’s website already included an option for Dogecoin payments even before the crypto payment option emerged.
Despite the fact that the dog-themed cryptocurrency was founded as a joke, Musk has stressed that the low transaction cost makes Dogecoin more acceptable for regular market activities. Musk thought Bitcoin was better suited as a store of value. Because of its high transaction cost, it was ineffective as a transactional currency.
Newegg, one of the major tech-focused e-retailers in North America, now accepts Dogecoin payments. Newegg was the first big e-retailer to accept Bitcoin for purchases, as it was quick to adopt digital money. Customers will be able to complete transactions with the most appropriate payment option, according to the corporation, if DOGE is included.
Newegg accepts DOGE, BTC, ETH, Shiba Inu (SHIB), Litecoin (LTC), and several other digital currencies as payment methods. However, crypto payments for Newegg are not allowed for return labels, subscription purchases, gift cards, and a few other purchasing choices.
Twitch, a prominent live streaming service, now accepts Dogecoin as payment for their “Turbo membership,” which includes extra chat capabilities, ad removal, and increased video storage for broadcasts. When purchasing a membership, you must select the “More Methods” option. Amazon, the world’s largest online retailer, owns Twitch.
Twitch is notable for holding huge gaming events, which are frequently attended by more than 500,000 people at any given moment. Users can interact with the streamers in real time. Anyone can make a living by streaming live video on Twitch. The cheerful Dogecoin community fits in perfectly with the streaming service’s consumers.
Keys4Coins is a good place to go if you want to buy game keys and gift cards with DOGE. You may get game keys from Origin, Steam, PSN, and several other providers, including Keys4Coins, one of the original PC game retailers. Whatever your gaming preferences are, there will be lots of possibilities.
With all of the cryptocurrency possibilities available, Keys4Coins makes you feel spoiled. In addition to DOGE, you can pay with BTC, ETH, LTC, or any other digital coin supported by Keys4Coins. Another reason to visit their website is that their store is simple to use and allows for quick shopping.
GameStop, a major video game shop, has also embraced cryptocurrencies, realising that they could attract a flood of new players. Flexa, a payment network that connects brick-and-mortar businesses with the crypto ecosystem, allows you to pay for GameStop items using blockchain assets such as DOGE. Flexa’s SPEDN app will allow gaming lovers to pre-order titles of their choice.
In addition to meme coins, you can pay with cryptocurrencies such as BTC, ETH, LTC, Decentraland (MANA), Axie Infinity Shards (AXS), and Smooth Love Potion. DOGE and SHIB supporters had been pleading with the corporation to accept payments in these cryptocurrencies, and the company eventually caved.
Those who dismissed Dogecoin as a joke were surprised when AMC Theaters, the country’s largest theatre chain, began accepting the meme coin as payment for movie tickets. You may buy tickets in Dogecoin, Shiba Inu, and other cryptocurrencies using the AMC mobile app for its US theatres. They accept cryptocurrency payments with BitPay integration.
They enthralled Dogecoin supporters when they announced in February 2022 that BitPay would be live for AMC online payments on the website by March 19 and on the mobile apps by April 16. Aside from Dogecoin, you will be able to purchase tickets with BTC, ETH, LTC, and Bitcoin Cash (BCH).
To purchase gift cards with cryptocurrency, go to Bitrefill and select your package. You might use supported cryptocurrencies to purchase gift cards for categories as broad as gaming, travel, food, or clothes. You may earn 1% by purchasing an Amazon gift card with Bitrefill.
Bitrefill accepts BTC, DOGE, ETH, LTC, Tether (USDT), and Dash for card purchases (DASH). You can use either the address entry or the normal QR scanning for your wallet. You can copy the gift code with a single click and then use it on Amazon.
With the Latvian airline AirBaltic embracing DOGE, you can also use cryptocurrency for air travel. Although cryptocurrency is not a common means of payment for air travel, the fact that one airline accepts cryptocurrency payments is encouraging. It will encourage other airlines to follow suit in the future.
AirBaltic activities largely take place in the Baltic countries of Estonia, Latvia, and Lithuania, as well as Finland and Scandinavia. When looking for low-cost flights in the future, you could consider using Dogecoin. AirBaltic takes ETH, USD Coin (USDC), Pax Standard Token (PAX), Gemini Dollar (GUSD), and Binance USD in addition to DOGE (BUSD).
The airline’s website displays ticket pricing in euros. When a traveller pays for their transportation, their cryptocurrency is converted into euros at the current exchange rate. airBaltic has partnered with Bitpay, a third-party payment processor, to accept Dogecoin and other cryptocurrencies.
During its summer sale, the Dallas Mavericks, the first NBA franchise to accept DOGE payments for tickets and goods, offered special pricing to anyone using Dogecoin for their purchase. The team’s owner, Marc Cuban, has long advocated for the use of Dogecoin in everyday transactions.
Following the Sacramento Kings, the Dallas Mavericks became the second NBA franchise to accept payments in digital currency in 2014. The success of NBA Top Shot, the blockchain-backed digital collectables marketplace that reached $230 million in sales in March 2021, has contributed to cryptocurrency being a payment alternative.
Sheetz, a convenience store chain, now accepts bitcoin, including Dogecoin, as payment for food and gas. They have teamed with digital payment provider Flexa to enable crypto payments. With the use of digital currencies expanding, this step has offered Sheetz a new stream of customers and enabled it to provide a better customer experience.
Customers link to their Sheetz loyalty account using Flexa-enabled apps. The Pennsylvania-based company, which has over 600 outlets, has collaborated with Flexa to accept certain digital payments before they are processed on the blockchain.
Notable recent integrations of Dogecoin
Following in the footsteps of the companies mentioned above, other businesses have recently added Dogecoin to their payment options. Elon Musk’s ongoing social endorsement, as well as attention from celebrities such as rapper Snoop Dogg, caused a ripple effect among individuals and businesses. Dogecoin soon found itself being courted.
Among the most recent adopters are luxury retailers like Nordstrom Inc., education solutions provider Barnes & Noble Education Inc., Bed Bath & Beyond Inc., Petco Health and Wellness Company Inc., Lowe’s Companies Inc., a chain of domestic retail stores selling household goods, and Ulta Beauty Inc., an American chain of beauty salons.
Dogecoin acceptance is steadily growing
Dogecoin is a better fit for everyday transactions than mainstream cryptos like Bitcoin, Ethereum, and many others due to its infinite supply and low transaction rate. The currency can be easily used to purchase products and services. The Dogecoin community is very large and constantly prepared to offer assistance.
DOGE’s growing popularity has resulted in cryptocurrency gaining traction and becoming an important component of the financial ecosystem. Musk’s recent Securities and Exchange Commission filings are anticipated to increase industry acceptance of the meme coin.
Musk announced in the filings that he had purchased a 9.2% stake in Twitter and would join the social media platform’s board of directors. Analysts anticipate him pushing crypto efforts on the social media behemoth, and Dogecoin may have some sort of integration on the platform.
Whatever occurs on Twitter or in companies like AMC Theaters or airBaltic, it sure has an impact on the rest of the industry sooner or later. At this rate, it won’t be long before the coin becomes a generally recognised option for everyday payments and is integrated into the mainstream economy.