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AMC Cinemas CEO: Cryptocurrency and digital payments account for 35% of AMC Cinemas online payments

AMC Cinemas CEO: Cryptocurrency and digital payments account for 35% of AMC Cinemas online payments

Created 2022/05/10 

During the first-quarter 2022 earnings call, the CEO of AMC Cinemas reportedly said that cryptocurrencies, along with several other digital payment methods, including Apple Pay, Google Pay, Paypal, Bitpay, and Venmo, have recently accounted for the majority of its online payments. 35%. Previously, in November last year, AMC Cinemas supported BTC, ETH, BCH, and LTC payments. In addition, AMC Cinemas disclosed at its fourth-quarter earnings conference last year that payments through Apple Pay, cryptocurrencies, etc., accounted for more than 15% of online ticket trading activities. In the first quarter of this year, AMC Cinemas supported DOGE and SHIB payments and launched its mobile app to support SHIB and DOGE.

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