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Benzinga
Benzinga
Business
Madhukumar Warrier

AMC Chief Says There Has Been 'Immediate Benefit' To Business From Enabling Crypto Payments

AMC Entertainment Holdings Inc. (NYSE:AMC) CEO Adam Aron said that the movie theater chain has already seen a benefit from accepting cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) for online payments.

What Happened: “Apple Pay, Google Pay and PayPal already are 15% of our online ticketing. So already there has been an immediate benefit. Only time will tell how big cryptocurrency is,” Aron said during an interview with Fox Business on Monday, pointing out these payment options were added only as an after-thought to cryptocurrencies.

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