NEW YORK, December 16, 2014 – Time Inc. (NYSE:TIME) has partnered with Coinbase,
the most popular bitcoin wallet, to become the first major magazine
publisher to accept bitcoin payments. The initiative launched today with
Fortune, Health, This Old House and Travel + Leisure, now accepting
bitcoin among the wide variety of payment options for subscriptions.
“We are always looking for ways to make it easier for consumers to engage with our brands and this pilot program will give bitcoin users a seamless and simple way to purchase subscriptions,” said Lynne Biggar, Executive Vice President, Consumer Marketing + Revenue, Time Inc. "We hope to expand our partnership with Coinbase in the coming months to create more opportunities to provide greater value to our customers.”
Time Inc. joins a growing list of businesses, such as Overstock.com, Google and Expedia, partnering with Coinbase to integrate bitcoin into their customer payment options.
“For a major publisher like Time Inc. to embrace bitcoin sends an important message to both its readers and to the broader media community,” added Brian Armstrong, CEO & co-founder of Coinbase. “In addition to providing consumers with an easy, convenient way to pay for their subscriptions, it also opens the door for Time Inc. and publishers like it to familiarize themselves with the Bitcoin technology and explore new applications across the industry.”
You can now use Bitcoin to add money to your Microsoft account. Once you add money to your Microsoft account, you can use it as a payment option to buy apps, games, and other digital content from Windows, Windows Phone, Xbox Games, Xbox Music, or Xbox Video stores.
To add money to your Microsoft account with Bitcoin:
“We are always looking for ways to make it easier for consumers to engage with our brands and this pilot program will give bitcoin users a seamless and simple way to purchase subscriptions,” said Lynne Biggar, Executive Vice President, Consumer Marketing + Revenue, Time Inc. "We hope to expand our partnership with Coinbase in the coming months to create more opportunities to provide greater value to our customers.”
Time Inc. joins a growing list of businesses, such as Overstock.com, Google and Expedia, partnering with Coinbase to integrate bitcoin into their customer payment options.
“For a major publisher like Time Inc. to embrace bitcoin sends an important message to both its readers and to the broader media community,” added Brian Armstrong, CEO & co-founder of Coinbase. “In addition to providing consumers with an easy, convenient way to pay for their subscriptions, it also opens the door for Time Inc. and publishers like it to familiarize themselves with the Bitcoin technology and explore new applications across the industry.”
You can now use Bitcoin to add money to your Microsoft account. Once you add money to your Microsoft account, you can use it as a payment option to buy apps, games, and other digital content from Windows, Windows Phone, Xbox Games, Xbox Music, or Xbox Video stores.
To add money to your Microsoft account with Bitcoin:
- Sign in to Microsoft account - Billing with your Microsoft account
- Select Payment options > Microsoft account > redeem bitcoin
- Select the amount you want to add, then click Next
- Review the amount of Bitcoin needed and use your digital wallet to complete the transaction within 15 minutes:
- On your computer – select Pay with Bitcoin and then pay from your Bitcoin wallet on the same device.
- On your smartphone – scan the QR code displayed on the page to pay from your mobile wallet app.
- If your wallet is on another device, you can copy the receiving address and BTC amount to the wallet on your device or the Web and then make your purchase.
- You cannot buy gift cards or add funds to other accounts with Bitcoin.
- Most Bitcoin transactions should process immediately. If it doesn't, please wait up to two hours for the transaction to complete before contacting support.
- Money added to your Microsoft account using Bitcoin cannot be refunded, so make sure to review your transaction before paying with your digital wallet.
- You can only use Bitcoin to add money to your Microsoft account and then purchase digital goods at select Microsoft online stores. You can’t use Bitcoin to purchase Microsoft products and services directly at this time.
- Support for adding money to a Microsoft account with Bitcoin is not available in all countries and regions.
- If you believe that there was an error with your Bitcoin transaction, please Contact Support*.
- Your refund receiving Bitcoin address
- Blockchain transaction ID/URL
- Transaction details including amount, date, sending address, and receiving address
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