The San Jose Earthquakes today announced that they will begin accepting bitcoin payments as their stadium, as early as May 25, when they host the Houston Dynamo at Buck Shaw Stadium. This will make the Quakes the first pro team to accept bitcoin payments, which will allow for the purchase of tickets, merchandise and concessions.
The Quakes have teamed up with San Francisco's Coinbase to bring bitcoin processing to the stadium.
"In the spirit of Silicon Valley, the Earthquakes are constantly looking for ways to innovate," said club president Dave Kaval. "Coinbase's bitcoin payment processor adds another cutting edge payment option that further streamlines the commerce experience for fans."
Coinbase has already established over 1.2 million consumer wallets, 30,000 merchants and 5,000 API applications.
In order for fans to make purchases with bitcoin at the stadium, they'll need to have a bitcoin wallet on their smartphones and they'll have to make their purchases using tablets that are running the Coinbase Merchant app at participating stands.