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

TheNewsCrypto
BTC0,22%
  • 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

Starcloud Targets Bitcoin Mining From Space With New Orbital Data Center Launch

Starcloud plans to start Bitcoin mining in space using solar powered orbital data centers and low cost ASIC miners. Starcloud satellite network could support energy heavy Bitcoin mining without using power from Earth grids. Bitcoin mining difficulty dropped to 145 trillion, which offers m

CryptoNewsLand15m ago

In the past 24 hours, the total liquidation amount across the entire network reached $314 million, with nearly 60% of the liquidations coming from long positions.

Gate News reports that on March 9, according to CoinAnk data, the total liquidation across the entire network in the past 24 hours was $314 million, with long positions liquidated at $188 million and short positions at $127 million. By individual cryptocurrency, Bitcoin liquidation was approximately $112 million, and Ethereum liquidation was about $50.51 million. Notably, the on-chain synthetic oil asset XYZ:CL ranked third in liquidation amount, approximately $55.36 million.

GateNews35m ago

Crypto Expert Predicts the Bitcoin Price and Warns of a Possible Drop Toward $44K

The Bitcoin price has been moving through a volatile stretch lately. BTC climbed above the $73,000 mark last week before pulling back again, and it’s now trading around the $67,000 range. Moves like this have kept traders debating whether the market is stabilizing or simply pausing before the n

CaptainAltcoin41m ago

BTC Breaks Through 68,000 USDT

Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,018.9 USDT.

CryptoRadar50m ago

Today's Cryptocurrency News (March 9) | Strategy aims to raise $300 million; Bitcoin rebounds and breaks through $67,000

This article summarizes cryptocurrency news as of March 9, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. The Flow Foundation seeks a court injunction to prevent Korean exchanges from delisting FLOW tokens; 2. The probability of a US recession has surged to 40%, with rising oil prices and escalating geopolitical tensions increasing risks; 3. North Korea has stolen $2.8 billion in crypto assets over the past two years, and the US Treasury Department plans to strengthen regulation of stablecoins.

GateNews1h ago
Comment
0/400
No comments