Mexican Food Chain Chipotle to Accept Crypto Payments in U.S. Restaurants
2022.06.06 16:51
Mexican Food Chain Chipotle to Accept Crypto Payments in U.S. Restaurants
Craving a burrito or a tortilla? Well, it’s about to become much easier for crypto enthusiasts to fill their bellies with delicious Tex-Mex food, as Chipotle (NYSE:CMG) has collaborated with digital payment platform Flexa to bring almost a hundred cryptocurrencies payment options to the table.
Guac is about 0.000088 bitcoin, is that ok?More info on paying: download a @FlexaHQ-enabled app or visit https://t.co/BaFGEGornF https://t.co/pvAm8K9eWX
— Chipotle (@ChipotleTweets) June 3, 2022
How to Spice up Your Life with Crypto
Hungry customers will first have to choose which restaurant they want to dine in, and then download either the Gemini or SPEDN app to store crypto on. The chosen app must be compatible with Flexa, which can store up to 98 different cryptocurrencies, including, but not limited to:
- Bitcoin (BTC)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Solana (SOL)
- Shiba Inu (SHIB)
To celebrate the fresh integration of crypto, Chipotle is offering a 10% discount to any customers that purchase a meal at Chipotle using a Flexa compatible payment app. Diners will be able to take up the offer and make crypto payments at nearly 3,000 restaurants across the United States.
Burrito or Bitcoin?
Just a couple of months ago, on the first Thursday of April, Chipotle celebrated National Burrito Day, and to much success. Customers at Chipotle restaurants in the United States were given the chance to play a mini-game in which they had to break a 6-digit code in order to win either a burrito, or a random sum of Bitcoin (BTC). An offer through which everybody wins, regardless of enthusiasm for crypto.
Starbucks (NASDAQ:SBUX) Already Accepts Crypto
The first company to collaborate with the Flexa payment system, thereby enabling crypto payments in stores nationwide, was Starbucks. The coffee powerhouse has taken measures to emphasize the importance of blockchain technology in their business ventures, and will soon introduce a Web 3.0 space called ‘The Third Place’, in which coffee lovers everywhere will feel at home.
Ultimately, it seems that the world’s top eateries are rapidly adopting crypto, esepcially due to the convenience it offers tech-savvy people to pay for meals.
On the Flipside
- Lavu is teaming up with Verifone to offer crypto payments in restaurants across 65 countries.
- Bitcoin Pizza Day: a Tribute to the Historic BTC transaction.
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