15,000 restaurants in France start accepting bitcoin payments through Just Eat!! - page 4.

yazher

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Wow! thats good to hear.

couldnt hear this on the news. I feel like news like this rarely makes it on mainstream media.

1500 restaurants. I'm gonnalook up if there are certain companies behind or a lot of restaurants made this decision on their own.

Yeah! that's a lot of them and you're not gonna see something like this everyday!

If news like this will show once a week, then I think the whole crypto industry will advance to the next level where the economy of crypto will rise.

Most likely, if this kind of scenario are real, then other establishment will follow their adoptions.

finlandais

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Glad tidings😀😀 ...Glad to hear about this.Even i am longing to hear about this in my country.Unequivocally it will play an important role in the upliftment of the economy of the country.Even supermarkets and others restaurtants should start accepting bitcoin payment.The Government should patronize the bitcoin payment method.

kryptqnick

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Quote from: Upgrade00 on September 09, 2020, 02:28:27 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.

15 thousand restaurants is impressive! As for the privacy concern, I'm sure that food delivery like this requires an address, full name, email and mobile phone, so I don't think that a euro refund to the bank account is a big issue in this case.
I read in the article that they don't charge any additional fees for processing the BTC payment, and it sounds great, and Bitpay 1% fee is really low, but I fees like this cannot be it and hidden fees must apply. Okay, obviously there's Bitcoin transaction fee and it can be significant sometimes. But what about Bitpay's conversion rate? I've never used Bitpay, but it sounds like a suspiciously good deal. Plus, their reputation isn't great, and there must be good reasons for that.

avikz

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Quote

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.

If this is the main reason for using bitcoin, I am sorry to say that bitcoin will never go mainstream no matter how hard we try to push it! If privacy remains the epitome of reasons of using bitcoin, it will only grow in online casinos and darknet! If we really want to see bitcoin growing among the mass, the fear of KYC must be left behind for good! Definitely, if an individual chooses to remain anonymous, there's nothing we can do and we must respect his decision! But let's not make it a reason to push bitcoin back to underground where only hackers and criminals prefers to use it!

Really I don't see an issue in using bitcoin for any purchase (online or offline) if the government allows it. It's not important to hide behind the rock every time there is a question of privacy.

DdmrDdmr

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There are lies, damned lies and statistics. MTwain

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.

grabpopcorn536

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15,000 restaurants accept Bitcoin which is good news. Although they liquidate over Euros, the way they accept bitcoin has helped promote Bitcoin to those who use the restaurant's services.
This news gives the bitcoin community more confidence in this market.

Lucius

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Quote from: Upgrade00 on September 09, 2020, 02:28:27 AM

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.

In this case, privacy when paying with Bitcoin doesn't make much sense, because it's about delivering food to the user's address - but still maybe some could have problems with refund to their bank accounts, because some banks are not crypto friendly. While this is a positive move, many will certainly not like the fact that JustEat uses Bitpay, which still has some silly policy when it comes to fees - overpaying fees and warning that the user risks that the transaction will not be confirmed on time is simply stupid.

I personally would love to have the opportunity for a service like this in my country, regardless of the payment processor and some other minor illogicalities it would be nice to pay for some food with Bitcoin.

https://www.just-eat.fr/

GideonGono

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Great news and movement for crypto I hope more country and even other business would consider accepting crypto as a payment method.
I think it is great to have this kind of option we wouldn't need to have any contact on the cashier it would stop spreading the virus and we could help some lives.
I also wish that this could also happen in my country and not just on restaurants but also in supermarkets since it is one of the places people couldn't avoid to visit since they would need something from it.

NavI_027

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Quote from: DeathAngel on September 09, 2020, 05:42:30 AM

Quote from: mk4 on September 09, 2020, 04:04:39 AM

[snip]

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.

Indeed, let's take one step at a time. What really matters is that we are going one step closer to mass adoption

. Improvements are to be followed.

I hope the some of the famous local online food and delivery service company here in our country, Grab Food and Food Panda, will get inspired from what Just Eat did. I'm sure many bitcoin enthusiasts here will be glad, not only because they can now buy food with their btc holding but mainly because of tech's great exposure in an unaware population.

verita1

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The interesting thing about this article is that the inclusion of Bitcoin as a means of payment in El Restaurant Just Eat in France is given by the demand for food delivery in the midst of the pandemic.

Which makes Bitcoin attractive to some customers and is considered a convenient means of payment. Also the fact can draw attention to the competition to other Restaurants to include Bitcoin and offer their customers this other payment alternative.

Ultimately, customers will be able to demonstrate the satisfaction and may demand service improvements, if any. From what I see, this is good news for Bitcoin.

DeathAngel

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Quote from: mk4 on September 09, 2020, 04:04:39 AM

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.

mk4

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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.

buwaytress

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I'm actually surprised to learn it wasn't already there. JustEat in Netherlands has been using Bitpay since at least 2017 through Thuisbezorgd (that's basically the only way I can pay for food delivery with Bitcoin), I'd assumed they have been doing it through the same partnership everywhere. JustEat was actually South Korean originated I thought, so the English-Dutch mention must mean they were bought over?

Anyway, Bitcoin users might be annoyed to use Bitpay to pay for that food the way I do every order haha. Word of caution: don't use RBF, and overestimate fees or Bitpay drops your tx and then you go through an annoying process of refunding.

Upgrade00

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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.

Burgalin_LLC

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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

Topic: 15,000 restaurants in France start accepting bitcoin payments through Just Eat!! - page 4. (Read 762 times)