According to the statement made by the CEO of the company, Adam Aron, on Twitter, it is now available on the AMC Theaters application. Dogecoin (DOGE) and Shiba Inu (SHIB) Payment can be made with
Bitpay Will Be Used for Dogecoin and Shiba Inu Payments
AMC announced in November that it was exploring the possibility of accepting crypto payments. According to the company’s statement, Bitpay integration will be used for crypto payments.
Buying movie tickets or popcorn on AMC will be possible with a simple process according to the explanations. If customers want any additional products after choosing their seats, they will also add them to the basket and choose Bitpay as the payment method. After that, on the transferred page, customers will see the address that will connect their crypto wallets to the system or send crypto money.
Exactly as promised, the AMC mobile app for AMC’s US theaters now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies — thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app. pic.twitter.com/MMy7SIxYbl
— Adam Aron (@CEOAdam) April 15, 2022
As it is known, Bitpay, bitcoin and Ethereum It supports cryptocurrencies as well. However, AMC was already accepting these cryptocurrencies through PayPal a few months ago.
Cryptocurrency Payments Are Not So Popular
However, after organizations such as Wikipedia announced the amount of payments made to them with cryptocurrencies, it was seen that crypto payments remained extremely low among the total payment methods. Therefore, it is not thought that Dogecoin and Shiba Inu payments will have any positive contribution for AMC.
In addition, some impact can be observed given the commitment of meme token communities towards their coins.
Tesla announced last year that it had stopped selling electric cars with Bitcoin, using environmental concerns as an excuse.
*Not investment advice.