News Report
June 03, 2022

Chipotle now accepts cryptocurrency in US restaurants

Chipotle Mexican Grill announced it will start accepting cryptocurrency as a form of payment. 

Chipotle will process payments exclusively through a Flexa-enabled app. Flexa is a digital payments platform that allows clients to choose among 98 different cryptocurrencies. These include Ether, Bitcoin, Dogecoin, and Solana

The feature will be available in almost 3,000 United States Chipotle restaurants. 

Customers will need to download either the Gemini or SPEDN app to pay for their burritos in digital currencies. SPEDN is a development from Flexa which allows customers to use crypto as fiat at retailers, making the process easy and fast.

Last year Chipotle made its first move into crypto to celebrate the National Burrito Day. The company gave away $100,000 of free burritos, as well as $100,000 in Bitcoin. The Tex-Mex chain also launched its in-experience currency, ā€œBurrito Bucksā€. It is used in Roblox and can be exchanged for a free dish in selected Chipotle locations. 

ā€œChipotleā€™s customers benefit from greater payment flexibility, faster checkout and a more seamless experience at the fast-casual restaurants they already love,ā€ said Trevor Filter, the co-founder of Flexa. 

To celebrate the announcement, the Tex-Mex chain will give 10% off to clients that decide to pay for their next order in crypto. 

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Masterā€™s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related.Valeria has a Masterā€™s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities.You can contact her at [email protected]

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