Topic: 15,000 restaurants in France start accepting bitcoin payments through Just Eat!! - page 3. (Read 820 times)
September 09, 2020, 04:36:56 PM
That sound so good for the bitcoin system adaptation. We can sense that now bitcoin is really one of the best payment options since these establishment are accepting bitcoin. It will be a matter of time that more and more people will acknowledge bitcoin's worth. At the same time bitcoin also is one of the biggest currency in the world after being listed. If I were have to own an establishment then I should also integrate bitcoin as payment to get more sales to my business. It is one way of doing arts in business having bitcoin as an option.
September 09, 2020, 04:25:25 PM
Definitely good news, and I will install their app and try it out on occasion.
I must say, as a French member, I had never heard of Just Eat. I'm not a big food delivery client though. During the pandemic I did use such services a few times, mainly because they had promo offers, so I used Deliveroo and Uber Eats.
It turns out Just Eat has bought and integrated/renamed Allo Resto, I had heard of that one, so it makes sense.
I must say, as a French member, I had never heard of Just Eat. I'm not a big food delivery client though. During the pandemic I did use such services a few times, mainly because they had promo offers, so I used Deliveroo and Uber Eats.
It turns out Just Eat has bought and integrated/renamed Allo Resto, I had heard of that one, so it makes sense.
September 09, 2020, 03:46:47 PM
I think other countries will like to join the process accepting Bitcoin payment in restaurant.this is a welcome development by accepting payment with Bitcoin, to any government that allow such system to be carry out in their environment.
September 09, 2020, 03:45:19 PM
I like the idea. A similar sites operate in many countries.
For example, tin 2017 a site with access to more than 5000 restaurants did the same thing in Poland.
https://news.bitcoin.com/polands-largest-food-delivery-website-restaurants-starts-accepting-bitcoin/
I wonder how they are doing. How many people actually chose Bitcoin over a bank payment.
For example, tin 2017 a site with access to more than 5000 restaurants did the same thing in Poland.
https://news.bitcoin.com/polands-largest-food-delivery-website-restaurants-starts-accepting-bitcoin/
I wonder how they are doing. How many people actually chose Bitcoin over a bank payment.
September 09, 2020, 03:39:59 PM
I’ve been accessing their sites worldwide, in order to see other countries where they accept BTC as a means of payment. Unfortunately, I have only been able to make out Switzerland so far (3.000 establishments on the platform), since the other local sites require one to login in order to get to the screen that I want to reach. Both France and Switzerland do mention Bitcoin on their home page, whilst the others don’t, so perhaps it’s just down to them two for now under this brand name.
Note: And yes, its 15k establishments in France, not 1,5K.
Note: And yes, its 15k establishments in France, not 1,5K.
May be it is just the beginning only and after some period of time such information about possible means of payment like BTC will appear on websites of this Just Eat group in other countries also:
"Payment methods have been expanded and now include Apple Pay, Google Pay (via our Just Eat app) and bitcoin, in addition to other payment methods if offered by restaurants (credit card, Paypal, cash, checks or meal vouchers)".
Nevertheless it is a great step for Bitcoin, crypto in whole and for this group of restaurants. They are functioning in 13 countries. And of course acceptance of BTC depends not only on the desire of the owner of the restaurant, but on different nuances of the inner policy of the exact country. May be there is some reason. So I hope this one great step in France and in Switzerland will prolong lots of such great steps in other countries, it would be a good example)
September 09, 2020, 03:24:08 PM
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.
As expected to be on that kind of arrangement where it do end up on using payment processors which you might still end up on giving out your bank details and as you mentioned i do much 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.
prefer to be anonymous but well these kind of set-up is common when you do deal with traditional businesses which isnt surprising but somehow this news is a good thing yet it do really
involved or do shows about adoption is on the move and consideration is already there. Hope that other neighboring countries or even on a far will consider to make such similar step
towards bitcoin payments.
September 09, 2020, 03:00:39 PM
This is really cool and hearing news like this gives me great hope for the future progression of bitcoin and or all other cryptocurrencies. I would love a feature like this to hit Chicago Illinois here in the United States where I live. I guess the only issue I could foresee happening is if there was a problem with the meal and you needed to do a refund. Let's say bitcoin drops dramatically from the time you pay from the time you need that refund. Restaurants could find some issues with this if they are not careful or do not know how to properly use bitcoin.
September 09, 2020, 02:15:19 PM
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.
A part-time worker who might be a registered sex offender is going to deliver food to your doorstep in the middle of the night, what privacy are we talking about?
. Anyhow, why is every good thing coming along with something bad?It also has a good purpose why they included it since they saw a decline in using cash for payment.
What decline in cash payment? They never accepted cash, just CC and Paypal.
I think Just Eat's decision was due to the virus, COVID19, which brought down a lot of establishments to close. Now, people prefer ordering online and to attract more clients, they have added Bitcoin as a method of payment. This is just my theory though but I am sure there is a high chance this has been brought due to the virus.
In France restaurants have reopened since June, it's 3 months from then, rather than an increase in online orders we can talk about a decrease in them, I, for example, got bored with food delivery in early May, seriously, not going to pay twice as much as its worth, wait one hour for it and have it delivered like rationing in plastic boxes, I'm done with it, I'd rather spend one hour in the kitchen and eat stuff I burned half than ordering again.
Before the crisis I was eating pizza probably once a week, during the lockdown 3-4 times, now it's 3 months since I eat one and I'm not eager to touch it again.
September 09, 2020, 01:31:07 PM
Another good news for crypto lovers especially to bitcoin users that are staying in France as they can now easily pay their bill there using bitcoin.
This is another step for bitcoin acceptance and this simple move will likely to influence other companies out there to follow this move.
I will be hoping that this will also happen in our country as I love ordering foods here and I would be love to pay via bitcoin or other currencies also if possible.
This is another step for bitcoin acceptance and this simple move will likely to influence other companies out there to follow this move.
I will be hoping that this will also happen in our country as I love ordering foods here and I would be love to pay via bitcoin or other currencies also if possible.
September 09, 2020, 12:59:54 PM
That is good news because people can try to pay using bitcoin to buy food in those restaurants. But for me, I don't want to use my bitcoin to just eat in those restaurants because I want to save every bitcoin that I have. I will still use fiat money than to use bitcoin, but I hope that other coins will be accepted as the payment transaction.
But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.
Same, bitcoin isn't a currency that you can spend anytime and anywhere, it's an asset that gives you a chance to earn a profit when price value surged. But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.
Gonna save all of that bitcoin and sell it when it is already profitable. What if there are circumstances where you bought food by using bitcoin then suddenly the price goes high, definitely gonna regret it.
September 09, 2020, 12:56:01 PM
In this case, privacy when paying with Bitcoin doesn't make much sense, because it's about delivering food to the user's address
My bad, I was thinking of that, but as I rarely eat out, I do not quite know their privacy policy and I assumed they do not store the data they receive such as customer address but a transaction cannot be deleted as it's needed for accountability. - but still maybe some could have problems with refund to their bank accounts, because some banks are not crypto friendly.
The refund would have nothing to do with cryptocurrency from what I understand; you send them Bitcoin, they convert it instantly using a payment processor and receive fiat. If an order is cancelled later, they'll be paying from their euro account into the customer's account, the bank would not be involved in the initial cryptocurrency transaction.But what about Bitpay's conversion rate? I've never used Bitpay, but it sounds like a suspiciously good deal.
According to their website they do not charge any hidden fees besides the 1% and they take their conversion rate from exchanges for U.S and Eurozone purchases, while other regions is done indirectlyQuote from: https://support.bitpay.com/hc/en-us/articles/203010456-Where-does-BitPay-get-its-exchange-rates-
To calculate the exchange rate for US Dollars, we typically pull the market depth from an exchange with adequate liquidity and reliable withdrawal capabilities in the USA and Eurozone. We factor "slippage" into our exchange rates, which means that the larger the value of the invoice, the lower the exchange rate. Slippage is usually only noticeable on very large invoices.
We set exchange rates for non-USD currencies indirectly using the Open Exchange Rates API. In the future, as Bitcoin markets in non-USD currencies mature, BitPay will use those markets directly.
We set exchange rates for non-USD currencies indirectly using the Open Exchange Rates API. In the future, as Bitcoin markets in non-USD currencies mature, BitPay will use those markets directly.
September 09, 2020, 12:30:49 PM
I'm actually surprised to learn it wasn't already there. JustEat in Netherlands has been using Bitpay since at least 2017 through Thuisbezorgd
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.I guess we should expect more good news for cryptocurrency.
September 09, 2020, 11:33:03 AM
.
"To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."
"To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."
Interesting.
What special software/application? Is it a wallet application owned by the company or are they partnering with a payment processing company? Trying to know if they have been able to sort out certain important issues so that other businesses that plans to use Bitcoin can learn from them.
September 09, 2020, 09:25:38 AM
The popularity of Bitcoin payment is rising very quickly. There are too many places that accept Bitcoin as a payment option in many countries. In France, 15000 restaurants started to accept and this can help so many people start to use Bitcoin too. There are people who claim that Bitcoin is losing its popularity but these kind of news shows that there is no such thing now.
September 09, 2020, 08:53:07 AM
I've already come up with a slogan for them - Just Eat! Just pay with bitcoin.
September 09, 2020, 08:55:02 AM
That is good news because people can try to pay using bitcoin to buy food in those restaurants. But for me, I don't want to use my bitcoin to just eat in those restaurants because I want to save every bitcoin that I have. I will still use fiat money than to use bitcoin, but I hope that other coins will be accepted as the payment transaction.
This is a good initiative to make bitcoin valuable by being used for daily transactions and not just for investment. Perhaps, bitcoin today isn't the perfect currency for this transactions, I hope that devs are already working around to make bitcoin's fee, lower and its transactions speed to be more efficient.But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.
But if the food will be delivered right to your house, you can still have a physical contact though, I believe bitcoin could also help as money is one of the dirtiest thing.
September 09, 2020, 08:46:03 AM
That is good news because people can try to pay using bitcoin to buy food in those restaurants. But for me, I don't want to use my bitcoin to just eat in those restaurants because I want to save every bitcoin that I have. I will still use fiat money than to use bitcoin, but I hope that other coins will be accepted as the payment transaction.
But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.
But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.
Everyone might not use bitcoin as payment in restaurants but I think this is also good for recognition. People using Just Eat will be able to see bitcoin in the payment option which is also good even if only a few will use it. It also has a good purpose why they included it since they saw a decline in using cash for payment. Though I also agree with you that I'd still prefer using cash. But it would also be great to see this kind of adoption in other countries as well.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 09, 2020, 07:56:15 AM
That is good news because people can try to pay using bitcoin to buy food in those restaurants. But for me, I don't want to use my bitcoin to just eat in those restaurants because I want to save every bitcoin that I have. I will still use fiat money than to use bitcoin, but I hope that other coins will be accepted as the payment transaction.
But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.
But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.
September 09, 2020, 07:44:40 AM
I think Just Eat's decision was due to the virus, COVID19, which brought down a lot of establishments to close. Now, people prefer ordering online and to attract more clients, they have added Bitcoin as a method of payment. This is just my theory though but I am sure there is a high chance this has been brought due to the virus.
September 09, 2020, 07:33:40 AM
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. 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.
Jump to: