AMC Cinemas recently announced, allowing users to purchase tickets and utilities through payment gateways with Dogecoin and Shiba Inu on its ticketing application, citing a statement by CEO Adam Aron on Twitter on Wednesday (April 15). The company added support for cryptocurrencies through Bitpay integration.

Basically, users will buy tickets and popcorn similar to credit card payment, only in the last step must choose Bitpay as the payment method. From there, they can connect to their crypto wallet or borrow a wallet address to deposit funds in.

Bitpay also supports cryptocurrencies like Bitcoin and Ethereum, but AMC already allows these to be paid on PayPal.

It is not clear whether this new form of payment will really bring economic benefits to AMC, as organizations with similar practices like Tesla have had to stop selling cars using Bitcoin for payment (for reasons related to Bitcoin and also to environmental sustainability).
Axact

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