Microsoft was one of the first companies that started accepting Bitcoin as one of its creators and former shareholders Bill Gates said that his view on cryptocurrency is positive. The decision was affirmed publicly by showing chats with technical support representatives. One of the possible reasons is cryptocurrency volatility.
Clients still can put Bitcoins on their Microsoft accounts but they cannot pay with them in Microsoft Store. Bitcoins cannot be returned back to the owners.
Microsoft is one of the largest companies that decided to stop accepting Bitcoins. Besides, last week VISA stopped providing services for WaveCrest – emitent of debit cards that allow to make Bitcoin transactions.