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Chipotle now accepts payments in Bitcoin, Dogecoin

Chipotle now accepts payments in Bitcoin, Dogecoin

Mexican food chain Chipotle has announced that customers can now start making payments in Bitcoin, Dogecoin, and other cryptocurrencies using Flexa.

Chipotle Begins Accepting Bitcoin and Dogecoin Payments Through Flexa

Customers can now start paying at Mexican restaurant chain Chipotle using digital currencies, according to a Flexa article.

Chipotle Mexican Grill is an American chain of fast casual restaurants that operates in several countries, including the United States, the United Kingdom, Germany, and Canada.

Users can now pay with cryptocurrencies such as Bitcoin and Dogecoin at each of the more than 2,975 restaurants in the United States. For now, the announcement does not mention support for other countries.

Flexa is a purely digital payment network that allows users to easily spend their digital currencies in physical stores.

The payment provider is already integrated with the popular Gemini and SPEDN apps, and Dash Wallet, Argent and others are also working to add it in the near future.

Related Reading | Can Mehracki (MKI) Dethrone Dogecoin (DOGE) and Shiba Inu (SHIB) to Become the Next King of Meme Crypto?

The network is also carbon negative, using verified carbon offsets to balance the emissions caused by its blockchain and operations.

Stores in the US that accept Flexa payments include Nordstrom, GameStop, Lowe’s, and Petco (and now Chipotle is joining the list, too).

Flexa currently supports 98 currencies, including currencies like Bitcoin, Ethereum, and Dogecoin. Shiba Inu were also added to the service late last year.

To celebrate Chipotle’s support of the payment network, users will receive a 10% discount on their next purchase from the Mexican chain when paying with any Flexa-enabled app.

Related Reading | How This Father And His Son Got Arrested For Running A Bitcoin Drug Deal

“All of us here at Flexa are incredibly excited to be working together with the team at Chipotle to help drive digital payment innovation and make real, healthy food even easier to enjoy,” the post read. “We look forward to continuing to offer more payment options together very soon.”

DOGE and BTC price

At the time of writing, the Dogecoin price is hovering around $0.0819, up 5% in the last seven days. Over the last month, memecoin has lost 38% of its value.

The chart below shows the price trend of cryptocurrencies in the last five days.

DOGE price seems to have corrected lower in the last few days | Source: DOGUSD on TradingView

Bitcoin is currently trading around $30.8k, up 4% from last week. The monthly losses of cryptocurrencies currently amount to 21%.

Here is a chart showing the BTC price trend over the past five days:

It seems that the price of the coin has observed a downward trend in the last two days | Source: BTCUSD on TradingView Featured Image from Unsplash.com, Charts from TradingView.com

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