American cinema giant AMC Theatres is finally adopting cryptocurrencies like Bitcoin (BTC) for online payments following months of teasing the new payment option.

AMC CEO Adam Aron announced Thursday that the company now proudly accepts four major cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) for online payments.

The new payment method already accounts for 14% of AMC’s total online transactions, Aron said, adding that cryptocurrencies join traditional payment options like Apple Pay, Google Pay and PayPal, the CEO wrote.

Dogecoin (DOGE), a popular meme cryptocurrency that skyrocketed 9,000% over the past year, will be the next digital currency accepted for online payments at AMC, Aron noted. He previously promised that AMC will support DOGE payments for tickets after his 140,000 Twitter poll convinced the company to accept the cryptocurrency as payment.

Aron eventually conducted a similar poll for Shiba Inu (SHIB), another popular meme cryptocurrency that overtook Dogecoin in market capitalization in late October.

The latest news comes in line with AMC’s plans to debut Bitcoin payments for movie tickets by the end of 2021. The company announced the plan in August, eventually expanding the list of supported cryptocurrencies with coins like ETH, BCH, LTC and DOGE.

Related: Visa working on blockchain interoperability hub for crypto payments

AMC has been steadily approaching its goal of accepting cryptocurrency payments by year-end, debuting crypto payments for digital gift card purchases in early October.

The firm did not immediately respond to Cointelegraph’s request for comment.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

*

code

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.