More restaurants are now accepting bitcoin alongside credit cards and cash all over the globe, despite the bitcoin boom and worries. Chipotle’s restaurants now accept cryptocurrencies such as bitcoin, Ethereum, and Litecoin. Flex is a technology partner in the Chipotle initiative that will undoubtedly benefit from it. It provides the payment platform, technology, and support for accepting cryptocurrency at the restaurant.
Chipotle restaurants adds cryptocurrency as payment
Customers will be able to use their favourite cryptocurrencies, such as Bitcoin and Ethereum, at Chipotle restaurants. Everyone should give this new payment option a try because the company aims to increase sales through it. While cryptocurrency is still in its infancy, Chipotle’s initiative is a welcome development. There are still some bugs to be worked out. Because it opens up new possibilities for the fast-food restaurant, this is a significant leap forward.
How to use cryptocurrency at Chipotle?
Starting this month, Chipotle restaurants are accepting bitcoin as a payment option. This is big news as bitcoin is one of the most popular cryptocurrencies on the market. If you’re looking to use bitcoin at a Chipotle restaurant, you will need to bring your digital wallet with you. You will then be asked how much money you would like to spend and what type of cryptocurrency you like to purchase: Bitcoin, Ethereum or Litecoin. After entering their payment information, they can proceed to the pick-up line just like any other order. You can also pay by scanning the QR code on the receipt or using the app available on both iOS and Android devices. Keep in mind that some locations may not accept all cryptocurrencies yet – so check first!
In addition, customers can also use the Flexa Crypto Payment Platform. It allows is a DApp provider that allows customers to make purchases with cryptocurrencies like Bitcoin, Ethereum and Litecoin at participating merchants. The service is available in the US, UK, Spain, Italy and Brazil.
What do you think of this development? users to buy and sell flexa tokens. The flexa token is designed to solve the problem of low transaction fees, high volatility in crypto markets, lack of liquidity for cryptos etc.
Restaurants are using cryptocurrencies for payment
Cryptocurrencies are now being accepted at some of the most popular restaurants in the world. Chipotle is the latest restaurant to join the bandwagon, and it’s not the only one. Starbucks, Subway, and Mcdonalds’ are just a few of the restaurants that are already using cryptocurrencies for payment. Why? It’s easier than ever to pay with cryptocurrencies – just bring your smartphone! Additionally, it’s a great way to reduce costs and improve security. Not to mention, its a way to reduce fraud and increase transparency.
There’s still some uncertainty surrounding the future of cryptocurrencies, but that doesn’t mean you can’t enjoy a delicious Chipotle meal while you’re at it! Accepting cryptocurrency as a mode of payment might improve the business of Chipotle and also provide variety for its customers.