AMC Theatres has decided to launch online Bitcoin payments after months of teasing. Movies, snacks and even alcohol are now available for purchase with the cryptocurrency.
AMC Theatres, a movie theater company in the United States, has finally introduced online Bitcoin payments after months of teasing it. The new feature is being tested out for now and will be available to everyone on AMC’s website.
After months of touting the new payment option, AMC Theatres has officially adopted cryptocurrencies such as Bitcoin (BTC) for online purchases.
On Thursday, AMC CEO Adam Aron revealed that the firm now takes four main cryptocurrencies for online payments: Bitcoin, Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).
According to Aron, the new payment method already accounts for 14% of AMC’s total online transactions, and cryptocurrencies join standard payment methods like as Apple Pay, Google Pay, and PayPal.
Aron said that Dogecoin (DOGE), a famous parody cryptocurrency that has risen 9,000 percent in the last year, will be the next digital currency accepted for online purchases at AMC. After his 140,000 Twitter poll pushed the corporation to adopt the cryptocurrency as payment, he earlier guaranteed that AMC would enable DOGE payments for tickets.
Aron later held a similar survey for Shiba Inu (SHIB), another popular joke cryptocurrency that, in late October, surpassed Dogecoin in market valuation.
The recent announcement coincides with AMC’s ambitions to begin accepting Bitcoin for movie ticket sales by the end of 2021. The intention was disclosed in August, and the business finally added ETH, BCH, LTC, and DOGE to the list of supported cryptocurrencies.
Visa is developing a blockchain interoperability center for cryptocurrency payments.
AMC has been progressively working toward its objective of taking cryptocurrency payments by the end of the year, having begun accepting cryptocurrency payments for digital gift card purchases in early October.
The company did not immediately react to a request for comment from Cointelegraph.
AMC Theatres has finally launched its online Bitcoin payments after months of teasing. The company announced on Monday that it is now accepting the cryptocurrency as a payment method. Reference: amc nft.
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