The San Jose Earthquakes will accept Bitcoin payments for game tickets and merchandise in the upcoming soccer season, according to Dave Kaval, the team’s president.
First in the professional soccer league, the San Jose Quakes is just among the sports teams that have started offering Bitcoin as a payment option, following the footsteps of NBA’s Sacramento Kings and ALPB’s York Revolution.
“In May, we are actually taking bitcoin in our stadium for merchandise—hopefully for concessions as well—but definitely for merchandise,” said Kaval. “We hope to create a really seamless experience as we can. We want to produce a seamless commerce experience with your mobile.”
The California-based soccer team is partnering with BitPay, the leading Bitcoin payment service provider, to process all Bitcoin transactions of the team.
Although BitPay was not initially tapped to provide the services required for processing Bitcoin payments, it became the best option for the San Jose Quakes.
“We took our time and did our research, and they seemed like the organization with the most robust solutions,” said Kaval, who explained that the two payment processing company’s he had previously planned to team up with had already gone out of business.
Once a satisfactory point-of-sale system with proper integration is launched ahead of the planned schedule, soccer fans are guaranteed to use bitcoins for their purchases. This is also bound to boost soccer betting with regard to Bitcoin sports betting.
The San Jose Quakes’ adoption of the Bitcoin technology is part of its efforts to provide innovative solutions in line with the opening of its new stadium in 2015.
A Major League Soccer participant, the San Jose Quakes has won two MLS Cup titles in 2001 and 2003 as well as two MLS Supporters’ Shields in 2005 and 2012. It was also one of the ten charter members of the league that competed in the first season in 1996.