AMC Theaters chain gave a massive boost to meme based cryptocurrencies such as Shiba Inu and Dogecoin as they announced that they will be accepted as payments . One can simply pay for the movie tickets and the popcorn with the Shibu Inu or Dogecoin on the official AMC mobile app. These transactions will be facilitated via Bitpay.
AMC CEO Adam had earlier tweeted in march that the two cryptocurrencies Shiba Inu and Dogecoin will be accepted as payments on their website by march 19th and promised to have this facility available on mobile app by April 16th.
Well Adam confirmed the same by announcing on twitter that the AMC mobile app is ready to accept the crypto currencies as payment with Bitpay integration. All he asked users was to update the app to its latest version.
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
Remember that AMC was one of the many businesses whose revenues were massively affected by the Covid-19 induced restrictions. The giant theatre chain has been trying to innovate their business model and they are hoping to strike gold with this new crypto currency based strategy.
Its not just the meme based coins one can also use Bitcoin, Bitcoin Cash, Litecoin, Ethereum as a mode of payment.
Now this does help the crypto currency supporters out there who can now say with confidence that these currencies are not just mere investments however have actual use in the real world.
So all you need is to link your crypto wallet among the ton of options or you can use PayPal to make the transactions using cryptocurrencies on the AMC app.