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

TheNewsCrypto
BTC-5,07%
  • 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

Data: In the past 24 hours, the total liquidation across the network was $362 million, with long positions liquidated at $295 million and short positions at $67.3032 million.

In the past 24 hours, the total liquidation amount across the entire network reached $362 million, with long positions and short positions totaling $295 million and $67.3 million respectively. Both Bitcoin and Ethereum long and short positions experienced significant liquidations, affecting 132,344 people worldwide. The largest single liquidation was $2,953,200.

GateNewsBot34m ago

The Smarter Web Company acquires Squarebird for £1.69 million in transaction value

Odaily Planet Daily reports that The Smarter Web Company, a UK-based Bitcoin treasury company, announced the acquisition of digital marketing agency Squarebird Agency for £1.69 million. The move aims to improve overall financial health, recurring revenue, and operating cash flow. The transaction will be paid through a combination of newly issued equity and cash, with Squarebird remaining independently operated for the time being.

GateNewsBot36m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)