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

TheNewsCrypto
BTC0,33%
  • 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

Beijing Professor Jiang Xueqin Claims Bitcoin May Be US Intelligence Project, Community Disputes Theory

Educator Jiang Xueqin claimed Bitcoin might be linked to U.S. intelligence agencies due to its anonymous creator and technical complexity. Critics countered that Bitcoin's decentralized and open-source nature prevents centralized control.

GateNews1h ago

Charles Schwab Launches Bitcoin and Ethereum Trading

Charles Schwab launched Bitcoin and Ethereum trading on its Schwab Crypto platform, starting with an employee pilot and expanding to a client waitlist by Q2 2026. The service targets 46 million brokerage accounts at a competitive 0.75% fee, positioning Schwab against existing crypto platforms.

CryptoFrontier1h ago

Justin Sun Announces TRON’s PQ Transition, Criticizes Bitcoin And Ethereum

Justin Sun has launched TRON’s PQ upgrade plan, positioning it as the first major blockchain to adopt quantum-resistant technology, while criticizing Bitcoin and Ethereum for their slower progress in addressing quantum threats.

Blockzeit1h ago

Bitcoin Hovers Near $75K as Whales Accumulate 270K BTC Over 30 Days, Largest Since 2013

Bitcoin nears $75,000, driven by significant whale accumulation of 270,000 BTC and low exchange reserves. Despite fluctuations and negative funding rates, it rebounded after geopolitical news, with futures inflows increasing since March.

GateNews2h ago

Zonda CEO Reveals 4,503 BTC Cold Wallet Inaccessible as Founder Remains Missing Since 2022

Zonda, a Polish cryptocurrency exchange, faces a crisis as its cold wallet containing 4,503 Bitcoin is inaccessible, prompting a surge in withdrawal requests. CEO Kral claims the private key was never transferred during the company's takeover, and authorities are investigating the situation amid bankruptcy fears.

GateNews2h ago
Comment
0/400
No comments