NEWPORT BEACH, Calif.—Chipotle Mexican Grill restaurants have begun accepting cryptocurrency payments, CoinDesk reported.
The fast food chain is accepting the digital currency through Flexa, a digital payments platform. The Flexa platform supports 98 digital currencies, including bitcoin, ether and Solana's SOL. Customers must download the Gemini or SPEDN app, which store digital assets, to use Flexa for in-store purchases, CoinDesk explained.
The company has not said how it is handling the recent sharp decline in the value of cryptocurrency.
To drive usage of the service, Chipotle is offering a 10% discount to customers who make their next purchase with any digital currency in a Flexa-enabled app, CoinDesk said.
“This isn’t Chipotle’s first move into digital currency. Last year, Chipotle announced it would give away $100,000 in free burritos and $100,000 in bitcoin to celebrate National Burrito Day,” CoinDesk said.
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