AMC Theatres debuts crypto payments for e-gift card purchases
American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards.
AMC customers can now buy digital gift cards with cryptocurrencies like Bitcoin (BTC) directly through the AMC website, mobile app and theatres, CEO Adam Aron announced on Oct. 5.
The new payment option was enabled through major crypto payment processor BitPay, allowing consumers to purchase e-cards of up to $200, Aron noted.
The CEO paid special attention to DOGEcoin (DOGE) among the digital assets accepted for AMC e-card purchases. Aron hinted in September that AMC will include DOGE in the list of cryptocurrencies accepted for tickets by the end of 2021.
Aron had conducted a poll of 140,000 people on Twitter, asking the community whETHer AMC should accept DOGE payments for tickets. “Its clear that you think AMC should accept Dogecoin. Now we need to figure out how to do that. Stay tuned,” Aron said at the time.
As previously reported, Aron announced the companys plans to accept Bitcoin payments for movie tickets in August, expecting to roll out the new payment option by 2022. The movie chain also plans to support four other cryptocurrencies: the aforementionedDOGE, ETHer (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).
Earlier this year, Major Cineplex Group, the largest movie theater operator in Thailand, launched a payment pilot allowing customers to buy tickets with cryptos.
Article involves exchange
Litecoin | 10-15 years
Deluxe | Ethereum | 5-10 years
Bitcoin Cash | 2-5 years
Stoppage of Business | Within 1 year | Suspicious Regulatory License | High potential risk
About MoreStoppage of Business
Dogecoin | 5-10 years
Deluxe | Bitcoin | 10-15 years
2-5 years | Suspicious Regulatory License | Medium potential risk
About MoreNo Regulatory
1-2 years | Suspicious Regulatory License | Medium potential risk
About MoreNo Regulatory
Blockchain-Based Game Boost Shares Of Korean Game Maker, Founder Becomes Billionaire
Since the global release of a blockchain-based game in late August, shares of Korea-listed game developer WeMade have nearly quadrupled, making its founder, Park Kwan-ho, a billionaire.
ARE LONG-TERM HOLDERS SELLING THE BITCOIN PRICE TOP?
Long-term bitcoin holders typically stack sats in bear markets and then sell some for profit at the local price top.
Facebook is planning to rebrand the company with a new name
Mark Zuckerberg wants to be known for building the metaverse.
Security precautions in cryptocurrency
An in focus look at how crypto was created to remove the 'trusted middleman'
- Token conversion
- Exchange rate conversion
- Calculation for foreign exchange purchasing
- Please enter the number
- Current Currency
- purchasing price
- Amount Required