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Earthquakes offer alternative bitcoin payments

By WTOP Staff

SAN JOSE, Calif. (AP) — Soccer fans, leave your wallets at home and pack your smartphones.

The San Jose Earthquakes say they will become the first professional sports team to accept bitcoin currency in the stadium when they host the Houston Dynamo on Sunday.

San Jose has partnered with San Francisco-based Coinbase to allow fans to process digital payments at Buck Shaw Stadium for tickets, merchandise and concessions.

Earthquakes President Dave Kaval said Monday the club is “constantly looking for ways to innovate” in Silicon Valley.

Coinbase has more than 1.2 million consumer wallets, 30,000 merchants and 5,000 API applications. Fans must already have a bitcoin wallet on a mobile device to make purchases Sunday.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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