AMC announces acceptance of Dogecoin, Shiba Inu, other cryptocurrencies to buy tickets, snacks

AMC announces acceptance of Dogecoin, Shiba Inu, other cryptocurrencies to buy tickets, snacks

AMC last year allowed people to buy movie tickets with Bitcoin, Ethereum, Bitcoin Cash and Litecoin

AgenciesUpdated: Monday, April 18, 2022, 03:56 PM IST
article-image
The process is simple. Select the seats, add concessions and click on Bitpay as your payment method. / Representative image |

Movie theatre chain AMC has announced to accept cryptocurrencies to buy tickets and snacks along with concessions using Dogecoin and Shiba Inu digital coins.

The company's CEO Adam Aron announced via Twitter that the movie theater chain has integrated support for the cryptocurrencies through a Bitpay integration.

"The AMC mobile app for AMC's U.S. theatres now accepts online payments using Dogecoin, Shiba Inu, and other crypto currencies -- thanks to Bitpay," Aron tweeted.

"Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app," he added.

The process is simple. Select the seats, add concessions and click on Bitpay as your payment method. According to The Verge, Bitpay also supports cryptocurrencies like Bitcoin and Ethereum.

However, AMC last year allowed people to buy movie tickets with Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

"As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please� Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions!," Aron had tweeted.

(With inputs from IANS)

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Deutsche Bank shares fall amid concerns over global financial system

Deutsche Bank shares fall amid concerns over global financial system

Crompton allots share worth Rs 1.45 lakh to employees as stock options

Crompton allots share worth Rs 1.45 lakh to employees as stock options

Nitin Gadkari says, ‘India's highway infrastructure will match US by 2024’: Report

Nitin Gadkari says, ‘India's highway infrastructure will match US by 2024’: Report

Elon Musk offers significant stock grants to Twitter employees after relentless layoffs: Report

Elon Musk offers significant stock grants to Twitter employees after relentless layoffs: Report

Ahead of share market: Factors to consider before trading begins next week

Ahead of share market: Factors to consider before trading begins next week