Ever wanted to use crypto to pay for a movie? The ability to do so has gotten even easier thanks to one of the world’s premiere theater chains, AMC, which recently updated its mobile app to allow cinemagoers to buy movie tickets using select forms of cryptocurrency. These include Dogecoin and Shiba Inu, a meme coin that pumped hard last year despite having any real sense of utility. The payments are made possible by the integration of BitPay, a bitcoin payment service provider that was founded around a decade ago to facilitate the acceptance of the world’s reigning cryptocurrency. Bitcoin is hovering at around $40K at the time of this posting.
Exactly as promised, the AMC mobile app for AMC’s U.S. theatres 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
AMC’s mobile app lets you buy tickets with crypto now (Engadget)
A few months after AMC Theatres started accepting crypto payments, you can use its app to buy movie tickets using Dogecoin, Shiba Inu tokens and other virtual currencies. CEO Adam Aron said the app is using Bitpay to process cryptocurrency payments, which are only accepted in the US for now. You can also buy tickets with Apple Pay, Google Pay, PayPal and an old-fashioned thing called a credit card.
It seems customers have embraced AMC’s adoption of cryptocurrency. Very soon after AMC enabled crypto payments on the web, they accounted for 14 percent of online transactions. So, if you happen to have some Dogecoin that’s been languishing in your wallet since someone gave it to you as a joke in 2014, you can grab your phone and put your coins to use by booking a ticket for a movie over this long weekend.