Las Vegas Businesses Use Bitcoin as a Mainstream Payment to Avoid High Credit Card Fees

TheNewsCrypto
BTC0,86%
  • Local Las Vegas restaurants and chains are increasingly accepting Bitcoin.
  • Businesses are saving 2.5–3.5% in credit card processing fees.

Las Vegas local Businesses are accelerating their usage with crypto-related payments, mainly with Bitcoin, as it is preferred more than credit card payments because of lower transaction fees, which is the main advantage seen, and is being adopted as mainstream adoption

According to the local news channel Fox5Vegas, restaurant chains in Las Vegas, including small juice bars, are avoiding credit card processing fees that range from 2.5% to 3.5%, while tapping into a growing customer base actively seeking crypto-friendly merchants

According to the local vendors, calls and inquiries are frequently received, and consumers who would not typically be aware of their store come in particularly to spend Bitcoin. Through specialized Bitcoin maps or the directory function of the Cash App, customers can find companies that take Bitcoin, establishing natural routes of discovery for businesses that accept crypto payments, noted Fox5Vegas.

Big brands accelerate Bitcoin adoption

With that, earlier this week, the large business, Steak ‘n Shake, will provide hourly employees at its company-operated restaurants with a Bitcoin bonus of $0.21 per hour worked, starting from March 1, with the collaboration with Fold Holdings, where they both joined on October 2025 and introduced Bitcoin Burger for customers

As per the reports, the company recorded $69.3 million in revenue in Q2 2025, up 12% year on year, with executives crediting Bitcoin users for driving a 10.7% increase in overall performance. With a 15% rise in sales in Q3, the momentum picked up speed, surpassing key competitors like McDonald’s, Burger King, Taco Bell, and Starbucks to create one of the fast-food industry’s most remarkable runs. With that, Steak ‘n Shake announced the creation of a Strategic Bitcoin Reserve, where all payments received in Bitcoin will be stored.

The change comes after Square, a financial service platform, decided in November 2025 to launch Square Bitcoin, the first fully integrated Bitcoin wallet and payment system designed for local companies of all sizes, and allowing U.S. retailers to accept Bitcoin payments with no processing costs. Moreoever, it predicts that between 2024 and 2026, Bitcoin will continue to play a bigger role in daily transactions.

Highlighted Crypto News Today:

SPACE Token Debuts With Airdrop Plans and Exchange Listings, Sees Volatile Trading

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Brave Introduces Cross-Chain Swaps for Bitcoin, Solana, Zcash, and Cardano Supported by NEAR Intents

Brave Wallet v1.88 added NEAR Intents, enabling cross-chain swaps across Bitcoin, Solana, Zcash, Cardano, and EVM networks. NEAR Intents has processed over 19 million swaps and more than $14 billion in volume across 35 chains before this wallet integration. Brave has added NEAR Intents to it

CryptoNewsFlash22m ago

持有 10 至 1 万枚 BTC 的巨鲸增持,持仓占比升至 68.17%

Santiment报告显示,持有10至1万枚比特币的投资者增加,现控制68.17%的供应量。比特币相对于标普500表现强劲,出现积极反转迹象。标普500下跌2.2%,比特币上涨2.4%。

GateNews29m ago

Bitdeer produced and sold 158.8 BTC this week, maintaining zero holdings

Gate News reported that on March 15, Nasdaq-listed mining company Bitdeer released its latest Bitcoin holdings data on X platform. As of the week of March 13, the company's Bitcoin holdings remained at zero. Data shows that Bitdeer mined 158.8 BTC this week and sold 158.8 BTC in the same period.

GateNews58m ago

Whale Closes Out $84 Million BTC and ETH Long Positions, Shifts to Spot Accumulation of 12,027 ETH

Gate News Update: On March 15, according to Ember monitoring, a whale that previously opened long positions worth $84 million in BTC and ETH on Hyperliquid on March 9 has closed its positions and instead purchased ETH spot on the platform. The whale address spent $24.87 million to purchase 12,027 ETH spot, with an average buying price of $2,068.

GateNews1h ago
Comment
0/400
No comments