AMC cinemas accept cryptocurrencies as a means of payment

The AMC announced back in August this year that it would by the end of the year start accepting cryptocurrencies as a legal tender. That has been achieved, because visitors can already use digital money for this purpose.

We recognize cryptocurrencies, invading nations

In addition to Bitcoin, Ethereum, Bitcoin Cash and Litecoin currencies are accepted for online ticket purchases, a Apple Pay, Google Pay and PayPal payment systems are accepted at checkouts. It has been announced that payment with Dogecoin will soon be possible.

This was very well received by the visitors of the AMC cinema, since it was stated that it was already 14 percent of online payments are made to one of the mentioned cryptocurrencies.

By the way, AMC almost went bankrupt due to the pandemic last year, but it was saved by the action of small shareholders from Reddit and Twitter, who managed to raise the value of the company’s shares by 2,300 percent through synchronized transactions. It was also announced that AMC is considering creating its own cryptocurrency, which plans to further strengthen online ticket purchasing.

Source: Engadget

Source: PC Press by

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