Chipotle Now Accepts Payments In Bitcoin, Dogecoin
The Mexican food chain Chipotle has announced customers can now start making payments in Bitcoin, Dogecoin, and other cryptos using Flexa.
Chipotle Starts Taking Bitcoin And Dogecoin Payments Through Flexa
As per a post by Flexa, customers can now start paying at the Mexican restaurant chain Chipotle using digital currencies.
Chipotle Mexican Grill is an American chain of fast casual restaurants operating in a number of countries like the US, UK, Germany, and Canada.
Users can now pay in cryptos like Bitcoin and Dogecoin in each of the 2,975+ restaurants in the United States. As of now, the announcement doesn’t mention support for the other countries.
Flexa is a pure-digital payments network that allows users to easily spend their digital currencies at physical stores.
The payments provider is already integrated by popular apps Gemini and SPEDN, with Dash Wallet, Argent, and others also working on adding it in the near future.
Related Reading | Can Mehracki (MKI) Dethrone Dogecoin (DOGE) And Shiba Inu (SHIB) To Become the Next King of Meme Cryptocurrency?
The network is also carbon negative as it uses verified carbon offsets to balance the emissions caused by its blockchain and operating activities.
Stores in the United States that accept Flexa payments include Nordstrom, GameStop, Lowe’s, and Petco (and now Chipotle also joins the list).
At present, Flexa supports 98 currencies, including coins like Bitcoin, Ethereum, and Dogecoin. Shiba Inu was also added to the service late last year.
To celebrate Chipotle supporting the payments network, users will get 10% off on their next purchase at the Mexican chain when paying with any Flexa-enabled app.
Related Reading | How This Father And Son Were Arrested For Running A Drug Business With Bitcoin
“All of us here at Flexa are incredibly excited to be working alongside the Chipotle team to help further digital payments innovation and make real, healthy food even easier to enjoy,” reads the post. “We’re looking forward to continuing to enable more payment options together very soon.”
DOGE And BTC Price
At the time of writing, Dogecoin’s price floats around $0.0819, up 5% in the last seven days. Over the past month, the memecoin has shed 38% in value.
The below chart shows the trend in the price of the crypto over the last five days.
The price of DOGE seems to have corrected downwards over the last couple of days | Source: DOGUSD on TradingView
Bitcoin is currently trading around $30.8k, up 4% over the last week. Monthly losses for the crypto currently stand at 21%.
Here is a chart that shows the trend in the price of BTC in the past five days:
Looks like the price of the coin has observed downtrend over the last two days | Source: BTCUSD on TradingView
Featured image from Unsplash.com, charts from TradingView.com