AMC Adds Dogecoin, Shiba Inu Payments to Mobile App!

Yuvi
Yuvi
3 Min Read

Key points

AMC Theatres, considered the world’s largest cinema chain, has announced the acceptance of Dogecoin and Shiba Inu payments through its application. As firms and institutions acknowledge the rising demand for crypto, they have started embracing payments in Shiba Inu, Dogecoin and Bitcoin. 

AMC Adds Dogecoin, Shiba Inu Payments to Mobile App
AMC adds Dogecoin, Shiba Inu Paymens to Mobile Apps

Within a few months of accepting crypto payments, AMC Theatres has added support for SHIB on its mobile application. AMC uses Bitpay to process its crypto transactions in the US. 

AMC App Now Accepts Crypto

The CEO of AMC, Adam Aron, himself confirmed that the mobile app of its United States theatres, has a new update, wherein crypto payments are now accepted.

The AMC boss kept his first agreement that crypto payments will also be supported in its smartphone app.

Aron confirmed in his official Twitter account that the AMC mobile app “now accepts online payments using DogeCoin, Shiba Inu, and other cryptocurrencies.” The manager added that it was made possible through the integration of Bitpay.

Twitter

According to reports, crypto payments on AMC’s web client report for roughly 14 per cent of all its movie ticket transactions. 

According to a recent report by The Verge, the crypto options are not limited to Dogecoin and Shiba Inu. Payment service provider Bitpay also supports other cryptos, such as Ethereum and Bitcoin, among others.

AMC has also launched its NFT collectables via the WAX blockchain, both in tandem with “Spider-Man: No Way Home” and also as a reward for AMC shareholders. 

AMC theatres
AMC Theatres

AMC released The Batman NFTs via Palm, a sidechain scaling solution for Ethereum as well. 

At the time of writing, Dogecoin was down 2.28% in the past 24 hours at a current price of $0.1444. It was up by 1.04% in the last seven days. 

However, Shiba Inu was down less than a percentage point in the last 24 hours and was trading at $0.00002577. The wider crypto market was up about 0.34% over the past day.

READ MORE: DOGECOIN CAN BECOME FUTURE CURRENCY: SAYS ROBINHOOD CEO

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Co-founder of Xryptonation.com, Senior Author, Editor, Blockchain Expert.
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