Chipotle now accepts cryptocurrency in US restaurants

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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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Valeria Goncharenko

Valeria is a writer and creator, passionate about Web3, marketing, and fashion. She dedicates her spare time to photography and art direction and has recently minted an NFT collection.

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