AMC Confirms To Be On Track To Accept DOGE And SHIB Payment In Q1
Adam Aron, the Chief Executive of AMC, confirmed that the theatre chain is on track to add DOGE and SHIB as payment options, with the release set to take place in Q1 this year.
AMC started accepting crypto as a payment option last year. Customers were able to purchase their movie tickets using Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
As Dogecoin was making headlines, Adam Aron, said that DOGE would be joining the lineup as well in the future. At the same time, Aron also held a poll asking his Twitter followers whether the theatre chain should also accept Shiba Inu.
The poll received large scale support, and the CEO announced in November that SHIB is also coming to the platform in around “60-120 days,” in collaboration with BitPay.
The popular crypto payments processor, BitPay recently added Shiba Inu as one of its offerings, on request of Aron himself.
As SHIB and DOGE being accepted by the biggest theatre chain in the world is big news for the adoption of the dog themed coins, the community has naturally been curious about when AMC will finally being taking them.
Yesterday, Aron took it to Twitter to answer to his followers who have been asking about it.
“I have been repeatedly asked when AMC expects to routinely accept Dogecoin and Shiba Inu for any and all payments made via the AMC web site and mobile app. I am being told that we are still well on track for the promised Q1 implementation, with exact timing most likely in March.”
I have been repeatedly asked when AMC expects to routinely accept Dogecoin and Shiba Inu for any and all payments made via the AMC web site and mobile app. I am being told that we are still well on track for the promised Q1 implementation, with exact timing most likely in March. pic.twitter.com/QSBvLAMHKx
The momentum for adoption of the dog-themed coins has been strong lately. Just last month, the tech-retail giant Newegg started accepting Shiba Inu as a payment option. Regal Cinemas mirrored AMC by accepting Dogecoin late last year.
At the time of writing, Dogecoin is trading at $0.1563 down 9.27% on the weekly chart.
SHIB is currently trading $0.00002944, down 12.92% on the weekly chart.
