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Topic: 15,000 restaurants in France start accepting bitcoin payments through Just Eat!! (Read 697 times)

sr. member
Activity: 1512
Merit: 316
I wish sooner in my country also it will start and after Covid is over we will have more importance being given to online payment rather than using the fiat. Though not may merchants currently being using at this point of time but slowly people are being aware of the benefits about it and some push form the government will help a lot of businesses to start using btc for payment. Whenever my plan comes up to visit France, will be making payment via btc.
hero member
Activity: 2380
Merit: 916
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Bitcoin began to be accepted as a means of payment in the Just Eat restaurant delivery network in France. Users of more than 15,000 Just Eat food delivery restaurants now have bitcoin as a new payment option in the franchise's mobile application, in addition to credit cards, PayPal, cash, among others.

On the website of Just Eat France, a subsidiary of the British-Dutch consortium JustEat Takeaway, the steps to follow when choosing to pay with bitcoin are specified. As a prerequisite, the user requires access to a bitcoin wallet on their mobile, Just Eat says in the instructions. "To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."

In many countries, everyday applications use btc and eth as a means of payment, an example is in Central America that they are creating startups that are all in one, that is, combining services such as uber, uber eat, exchange and others and accepts payments in btc and eth

This is amazing, they are making bitcoin as "local" thing, this is a great step to make bitcoin more popular, but I just wonder how was the transaction delay or its verification and its fee? or is this JustEat restaurant is a big resto that offers pricey to not feel the fee on paying its bill?  Huh Huh

And how about the value of bitcoin, does not affect the business at all?

The principle of services such as Bitpay is that it converts BTC instantly, so the restaurants never get crypto, they get fiat (in this case, euros). The service also takes the risk of the transaction not confirming right away (maybe checking you have put enough fees, not sure about that).
hero member
Activity: 2198
Merit: 847
At first when I read the title I was amazed, what happened in this country that made 15K restaurants to accept bitcoin payments.
I have been in France for many times and I have walked so much in Paris, Lyon... Oh I miss France. Btw still amazing news, I have never used any food delivery here and don't know much about Just Eat (but I have often seen Domino's Pizza couriers in streets) but seems it's one of the most popular food delivery company in France.

Great job, usually, such things lead other companies to repeat the same. I hope Glovo, Bolt and other good startups that include food delivery and taxi services, will accept bitcoin payments along with cash and cards.
newbie
Activity: 23
Merit: 3
Bitcoin began to be accepted as a means of payment in the Just Eat restaurant delivery network in France. Users of more than 15,000 Just Eat food delivery restaurants now have bitcoin as a new payment option in the franchise's mobile application, in addition to credit cards, PayPal, cash, among others.

On the website of Just Eat France, a subsidiary of the British-Dutch consortium JustEat Takeaway, the steps to follow when choosing to pay with bitcoin are specified. As a prerequisite, the user requires access to a bitcoin wallet on their mobile, Just Eat says in the instructions. "To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."

In many countries, everyday applications use btc and eth as a means of payment, an example is in Central America that they are creating startups that are all in one, that is, combining services such as uber, uber eat, exchange and others and accepts payments in btc and eth

This is amazing, they are making bitcoin as "local" thing, this is a great step to make bitcoin more popular, but I just wonder how was the transaction delay or its verification and its fee? or is this JustEat restaurant is a big resto that offers pricey to not feel the fee on paying its bill?  Huh Huh

And how about the value of bitcoin, does not affect the business at all?
full member
Activity: 385
Merit: 100
It is clear that this progress must be appreciated because it contributes to the convenience that may be related to existing facilities and bitcoin also helps to make it easy for bitcoin holders to enjoy these conveniences.
I hope this news will have a good impact and many will begin to follow because every facility must be supported for the common interest.
Its quite hard to disagree with this point - its most certainly is good for bitcoin and its users.
However, I have to admit, the existing bitcoin payment system is so inconvenient, miles away from credit card payments.
We all are cheerish because its huge step for bitcoin, but from a regular person's perspective its still hardly usable - long road ahead, thats my point.
hero member
Activity: 1218
Merit: 557
Although they do not hold BTC but liquidate through the Euro, this makes it easy for crypto holders to use bitcoins to buy.
Tourists will have the advantage of using Bitcoin instead of switching to payment services they don't own.
This is good news, maybe in the coming years, the whole of Europe will allow payments in Bitcoin.

It is indeed a very good news because more and more people start accepting the payment in btc the wide use of bitcoin will keep on rising. Also, tourist will be able o use the bitcoin and instead of buying the local currency or through credit card using it, better to pay with lower fees through bitcoin and no need to worry of carrying physical fiat.
sr. member
Activity: 2044
Merit: 329
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I've already come up with a slogan for them - Just Eat! Just pay with bitcoin.
You should contact them and tell them this slogan.  Grin
hahaha, what a great slogan... Cheesy
this is good news and also great progress for Bitcoin in the future. but one of the obstacles that will occur is the length of the verification process when making transactions.
hero member
Activity: 2996
Merit: 609
Bitcoin began to be accepted as a means of payment in the Just Eat restaurant delivery network in France. Users of more than 15,000 Just Eat food delivery restaurants now have bitcoin as a new payment option in the franchise's mobile application, in addition to credit cards, PayPal, cash, among others.

On the website of Just Eat France, a subsidiary of the British-Dutch consortium JustEat Takeaway, the steps to follow when choosing to pay with bitcoin are specified. As a prerequisite, the user requires access to a bitcoin wallet on their mobile, Just Eat says in the instructions. "To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."

In many countries, everyday applications use btc and eth as a means of payment, an example is in Central America that they are creating startups that are all in one, that is, combining services such as uber, uber eat, exchange and others and accepts payments in btc and eth

Wow!! what a good news for BTC lovers. France is a country of tourism and if anybody wants to make tour in Europe, starts from France. So if France starts accepting BTC that's really good news for tourist where easily payments will given by BTC. I think another countries in Europe will think now deeply for BTC acceptance so that their tourism will also enrich .

thanks.
Adding up btc into their payment options wouldnt enrich on tourism aspect but rather it would really be just a good addition or option for someone who do make use of crypto which they can really
make a direct payment with it without bringing any cash onto their pocket.

Im still doubt if they would purely be using up their coin.hence, they can acquire or avail services or buy stuffs on just using their own fiat money.Not to be negative on here but majority
already sees for crypto as an investment.

Well, this is a good new when it comes to adoption matter.
full member
Activity: 1582
Merit: 101
Bitcoin began to be accepted as a means of payment in the Just Eat restaurant delivery network in France. Users of more than 15,000 Just Eat food delivery restaurants now have bitcoin as a new payment option in the franchise's mobile application, in addition to credit cards, PayPal, cash, among others.

On the website of Just Eat France, a subsidiary of the British-Dutch consortium JustEat Takeaway, the steps to follow when choosing to pay with bitcoin are specified. As a prerequisite, the user requires access to a bitcoin wallet on their mobile, Just Eat says in the instructions. "To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."

In many countries, everyday applications use btc and eth as a means of payment, an example is in Central America that they are creating startups that are all in one, that is, combining services such as uber, uber eat, exchange and others and accepts payments in btc and eth

Wow!! what a good news for BTC lovers. France is a country of tourism and if anybody wants to make tour in Europe, starts from France. So if France starts accepting BTC that's really good news for tourist where easily payments will given by BTC. I think another countries in Europe will think now deeply for BTC acceptance so that their tourism will also enrich .

thanks.
full member
Activity: 1638
Merit: 122
 i just like the idea of creating a third party service and this are the one that is going to accept crypto payments if crypto payments are not available directly.

on our country , startups like that are also rising like a mushroom but i dont know if most of them are now accepting a crypto but its a good match knowing that they mainly operate online or by the use of applications .
member
Activity: 476
Merit: 12
Although they do not hold BTC but liquidate through the Euro, this makes it easy for crypto holders to use bitcoins to buy.
Tourists will have the advantage of using Bitcoin instead of switching to payment services they don't own.
This is good news, maybe in the coming years, the whole of Europe will allow payments in Bitcoin.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
I believe the reason why it took JustEat a lot of time before they add Bitcoin payment to their services in France is because of the statement once said by the French Central Bank (Banque de France) that Bitcoin should not be considered as a means of payment but the pandemic seems to switch things in favor of cryptocurrency.

That didn't stop 5,000+ French tabacs selling Bitcoin though! Though I suppose selling Bitcoin and accepting it as payment are legally two different things...
Completely different thing and there understanding is that crypto will make their national currency obsolete and this is what once happened in China, which only want to benefit from crypto, don't support/recognized it as a legal tender before they frustrate bitcoin mining and exchange site etc.
It good the france government arenot blind by nonsense.
hero member
Activity: 1330
Merit: 569
This is something that actually be encouraged and its a good one coming from a country like France but what surprises me more is that a lot of other countries that are not even as developed as France are just focused and dwelling on the bad nature or what unscrupulous individuals are doing with bitcoin and using that to determine their course of action against the technology. Its to encourage the aggregator service provider to expand its services to other countries of the world.
full member
Activity: 2268
Merit: 121
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It is clear that this progress must be appreciated because it contributes to the convenience that may be related to existing facilities and bitcoin also helps to make it easy for bitcoin holders to enjoy these conveniences.

I hope this news will have a good impact and many will begin to follow because every facility must be supported for the common interest.
hero member
Activity: 2884
Merit: 620
Good news then.

I've read the article and that digital wallet that they have stated could be their very own platform wallet. It's partnered with Bitpay and most companies in France that will see the success and adoption on this are likely to adopt it too.

I've already come up with a slogan for them - Just Eat! Just pay with bitcoin.
You should contact them and tell them this slogan.  Grin
sr. member
Activity: 1750
Merit: 260
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The problem with most of these merchants that are accepting Bitcoin is always the same. They only accept Bitcoin as a alternative payment, if you work through some kind of payment processor and in this case it looks like they are using BitPay? (or are they just using it's market price for Bitcoin)?

They are only interested in the Fiat currency and not the potential of the new alternative currency. The fact that "cancelled" transactions are refunded in Euro is a clear indication of what their main goal is with Crypto currencies.  Roll Eyes

Also, do they offer some kind of discount for Crypto payment to promote it? No...  Undecided
Been thinking for this since I heard bunch of small businesses started to accept bitcoin or other cryptocurrencies as paymetns (are you sure that they are just alternative payments? Is there no any merchants who really accetps bitcoin not just to be alternative payment method but to be a stand-alone?) I mean, they have an fixed amount for their products or services, not dependent on the current value of fiat currencies.
But this will type of payment method is lethal to the business itself since bitcoin has high volatility, making the income of businesses less or higher.
legendary
Activity: 1134
Merit: 1597
My question is; Which is better practice to promote adoption of Bitcoin by merchants and outlets?
• Accepting it as a payment method, but not holding it.
• Holding it as a reserve currency, but not accepting it as payment.
Holding BTC as a reserve currency in an already risky environment (which is a standing up business) is risky as hell. In the end, we pay our everyday stuff and receive our salaries in USD value - not in BTC. Having your income go crazy from not even a month-by-month but a daily basis is probably as risky for a business owner as holding a shitcoin is.

The fact that the owner of the restaurant you have linked turned their money into BTC doesn't mean anything else but the fact that he is a Bitcoin believer and investor. While I understand it'd be better if we were purists and had no payment processors, that is just from our view. Let's not look past the consequences Bitcoin could suffer from if businesses adopting it the "purist" way started struggling.

However, we should underline one thing, which is the potential volume of transactions that are actually going to be done through Bitcoin. I doubt there would be a significant volume in comparison to cash/card txs they'll receive.

The fact that "cancelled" transactions are refunded in Euro is a clear indication of what their main goal is with Crypto currencies.  Roll Eyes
It doesn't look like a bad intention to me. They're accepting Bitcoin. A business will obviously have mostly one main goal, and that is earning a profit. This is just one more choice for our French BTC fellas. Smiley
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
The problem with most of these merchants that are accepting Bitcoin is always the same. They only accept Bitcoin as a alternative payment, if you work through some kind of payment processor and in this case it looks like they are using BitPay? (or are they just using it's market price for Bitcoin)?

They are only interested in the Fiat currency and not the potential of the new alternative currency. The fact that "cancelled" transactions are refunded in Euro is a clear indication of what their main goal is with Crypto currencies.  Roll Eyes

Also, do they offer some kind of discount for Crypto payment to promote it? No...  Undecided
newbie
Activity: 15
Merit: 0
According to this article the service cuts across 15,000 restaurants in France, not 1,500.
Overall, It's a good step forward for publicity and adoption as people would struggle less to find ways to spend bitcoins. They firm also plans to make inroads into other countries like the U.S, leading to more adoption.
But, this part of the article caught my eye;

...Payments using Bitcoin will be calculated based on the current price charged by Bitpay. However, if a Bitcoin payment is cancelled, the customer will be refunded in Euros, with payment being sent to a customer’s traditional bank account.

“When you make your initial payment, Bitcoin is already converted into Euros. The rate applicable at the time of your payment will therefore be the rate applied for reimbursement,” the website says.


If I use Bitcoin there is a likelihood that I wish to remain private, compelling users to divulge their bank details for a refund when an order is cancelled doesn't quite sit right with me. Understandably, they are using a payment processor, so all transactions made in bitcoins are immediately converted to fiat, they could however still hold some bitcoins in reserve precisely for this sort of situations.
Wow, cryptocurrency becomes more popular! This article can be a stepping stone for bitcoin to introduce in the whole world. It is not already a new idea that merchants will adopt the new mode of payment in order to convey some customers to buy. And as a customer, I think there are many customer right now specially those who are millennial will prefer to pay in bitcoin. We always look forward for cryptocurrency to become mainstream and popular in the world. And as pioneers, I believe we should be happy because we are already a foot step forward for investing in bitcoin.

As this was a good start for the bitcoin to be known in public, the safety guidelines of paying cryptocurrency might raise questions for the anonymity of the wallet, and the paying method itself, through bitpay. Many parts of bitcoin is still unknown to the many, and most of the users are partly just going with the flow of the masses as they see it as good investments. We can't just abandon the thought of thieves lurking around, waiting for a great chance to attack and claim your coins easily now that it is in public market. Commonly, payments through bitcoins are private and anonymous but in public, we cant think of it the same, as the government may interfere about the rules of payments.
sr. member
Activity: 1120
Merit: 272
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It's definitely good news, but unfortunately, with a few Google searches it doesn't look like they're accepting bitcoin through Lightning(at least yet). Any widely used platform should really take the risk and accept Lightning payments if we want to see any adoption at all.

I agree but it’s better than nothing & a good step in the right direction. All new adoption is a positive & Rome wasn’t built in a day. It’s going to take years for absolute mainstream adoption but every little is good.

Achieving mainstream adoption is not that easy and it needs a lot of time and patience for it to become accomplished.

But this is the only start, with just a simple adoption like this, making businesses accepts bitcoin as a payment this is a big help for us. Bitcoin community should be really supporting this cryptocurrency so that not only restaurants will be the one to accept bitcoin as a payment, so that any other business can also join in this development.

Lightning payments will surely become normalized soon so we just need to take some time.
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