Topic: 15,000 restaurants in France start accepting bitcoin payments through Just Eat!! - page 2. (Read 697 times)

Just wondering how much bitpay charge the fee for every transaction?

Also, those restaurants seem like never know how to use bitcoin properly so as they make a partnership with bitpay. I'll be happy if those restaurant directly accept bitcoin without any party. However, this is a good move for them, at least with they accept bitcoin there will be many people who curious to bitcoin and they will find more about it.

In the Netherlands the Dutch part of Just Eat 'Thuisbezorgd' does this for many years already. Great to see that also other countries are offering it.

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...


Speak for yourself =p Bitcoin's an experiment for me, still, even with all my belief and invested time in it. I earn what I can, save what I can, but I also want to spend it and use it to live. Worse case scenario Bitcoin dies (hey, possible), at least I can look back on all those pizzas paid for with a small slice of history;)

Payment processors is already common practice for outlets that accept payment in Bitcoin although not many Bitcoin users appreciate it.
I would like to contrast this situation with another restaurant which got involved in Bitcoin recently, although in a different way;
A Canadian based restaurant recently converted all its holdings to Bitcoin, effectively using it as a reserve currency over other options like fiat or gold. They however did not begin accepting it as a means of making payments and even discouraged others from spending theirs, one of their tweets in response to a question about whether they would accept Bitcoin as payment read:
"Thank you brother. We will not unfortunately,, however we do recommend that you don’t spend it. It’s to be hoarded  "
In a subsequent tweet, they wrote that; "...We will probably accept it when it stabilizes in price. That is 10 years out maybe more in our opinion Thumbs up"

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.

I personally would chose the first, one of the best ways to improve adoption imo, is by providing more daily uses for Bitcoin and giving holders an avenue to use it practically, rather than just leaving it sitting in a wallet.

So, basically news is that Bitpay partnered with Just Eat and this is the outcome? This is really cool, and if they create income for Just Eat, there will be more parnerships coming up. I've only used bitpay once to buy my laptop and it worked like a charm. I would most definitely use Just Eat if it comes to my country.

15,000 restaurants in France is a big number of the merchant which start accepting bitcoin payment. That is great news for the crypto world, and I guess that can lift the crypto become popular in France. If many restaurants can succeed to do that, I think many more restaurants in France will follow the way, and soon, we will see France will be a destination for people who work in the crypto world to the holiday because they can easily to use crypto. The adopting process will not move slow because the other businesses will also use bitcoin payment.

Already we've got more online food delivery platforms accepting bitcoin and other cryptocurrencies. Few of which were the when-hungry, takeaway, shuttle delivery. These have got limited service locations, around Europe and some has established little wider. Now a food chain getting into botcoin acceptance partnering with payment support system is really a step forward in the growth and widening of the bitcoin market.

That's great to hear! One day when this pandemic is over and vaccine already in public, I would love going to France and visit any of these restaurants that accepts Bitcoin as payment method. However, I have to process my Schengen visa first plus the budget, everything, etc., when this COVID-19 virus is over.

I just really hope that the Philippines and other countries would soon follow suit on what these restaurants in France are adopting Bitcoin in a massive way.

Time after time, we are seeing different establishments that are accepting different types of cryptocurrencies already.

Overall, the cryptocurrencies are gaining traction now and its adoption is moving slowly with this businesses accepting it. I know that this will continue in the future and for sure more and more people will know about it already. I just hope that more people will be using Lightning Network too in the future so we will experience low fees and fast tx speed.

Everything will depend on the earnings in the test, if the other companies see that they did well accepting btc, believe me they will accept it one more time knowing that they will not have problems as in paypal with refunds or account limitation

Even if I have regrets for not getting into crypto earlier, I still feel lucky to be in it before it takes off in terms of mass adoption. Most likely, whoever owns that business is investing in bitcoin and that tells a lot about how they find their investment lucrative. I hope more businesses in my country start doing the same. The little promotion could give bitcoin adoption an extra push.

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thanks to the users who commented on the post and corrected the information since it had been mentioned that there were 1,500 restaurants (error when writing the post) but in reality there are 15,000 restaurants

That's huge news! There are also big firms started to accept bitcoin including Grayscale, Fidelity, Goldman Sach. Even Institutional investors has been buying accumulating BTC. Isn't france one of the country's transitioned to digital payments due to pandemic? If so, then it's nice seeing Cryptocurrency showing its usefullness in trying times.

For online orders, most merchants will have to do this in order to avoid losses. They're converting BTC into fiat instantly in order not to be affected by price volatility, and converting BTC -> fiat to only refund the order back into BTC minutes/hours later could turn, with a sufficient amount of orders, into a considerable change of income and profit.

Yeah, the issue isn't that there are services out there giving you a choice. It is that the list of these choices you get shortens with every new such updates. We should have a choice no matter if we're willing to be anonymous or not.

Assuming that more anonymity/privacy pushes for more (cyber)crimes is wrong in the first place, I believe. A lot of people prefer to keep their cash out of banks for safety and privacy purposes, so that your bank doesn't ask you why you spent your bucks on certain stuff or where that money comes from.

I'm happy to see Bitcoin being accepted by more and more countries, companies and individuals worldwide. But adoption shouldn't mean leaving a person who desires to be anonymous with no options because it leaves them with 2 options: either having to do a criminal activity (tax evasion) in order to make use of their BTC or having to leave their privacy behind and follow the KYC rules.

Even though I'm not French, but as a crypto community, I would be very happy to hear the news that restaurants in France
started accepting Bitcoin as payment. I am also happy that this news also proves the popularity of Bitcoin is increasing again.
Hopefully more and more countries will start accepting Bitcoin as payment, so it will be easier to spend Bitcoin.

The article also says that the company is partnering with cryptocurrency payment provider Bitpay which allows users to pay with the digital currency Bitcoin very easily and in seconds. The Bitcoin price will be calculated depending on the current price on the Bitpay application and the platform will not charge a transaction fee for payments using Bitcoin. Of course it will be a little profitable because without any additional costs.

For cancellation of orders paid in bitcoin, the platform will no longer return in bitcoin, but will be returned in Euro to the user's account. The refund amount does not depend on the realtime bitcoin price.

just give it a time and the adoption will grow. new method will take time for people to appreciate its benefits. if more people will find out about the advantages, they will endorse it to their friends, colleagues and family. and word of mouth is a powerful marketing tool. but this is already a very good start.
 if more and more apps will integrate btc or crypto payment, users of that app will check on how to use crypto and will be a good alternative to use cash.

It is a good news for all the BTCitcoin investors as they are getting more options for the currency they are holding, but i would like to know the procedure, are they allowing zero confirmation transactions while verifying your identity or you need to wait for the confirmation without verifying anything. If anyone in the forum tried this payment option i would like to hear from them.

It's just only during these Pandemic too that I started to use online deliveries  and accepting crypto as a  payment. It is easier in transactions and verifications, unfortunately only few were open to this idea and still prefers mobile banking for transactions. If only there will be a establish company who will start doing it so in my country just probably the only time many will accept it. It's a great move for France Just Eat to accept  crypto for a lesser physical transactions to avoid the virus.