fbpx
Skip to content Skip to sidebar Skip to footer

Bitcoin Payment: Coming Soon to a Major Cineplex Theater Near You

Bitcoin payment at Thailand cinema

Thailand’s largest cinema operator Major Cineplex Group has started to inch towards fully implementing the new cryptocurrency payment system as some of the customers are already allowed to purchase tickets with the digital coins.

As stated in the Thursday report by Siam Rath, the pilot project of the cryptocurrency payment was launched with the intention of bolstering innovation and birthing new technologies.

Major Cineplex Group teamed up with crypto exchange Zipmex and digital payment startup RapidZ to make the realization of the new payment method happen.

The new payment feature made its first appearance at Major Cineplex’s Ratchayothin, Bangkok outlet on March 4. Customers are able to purchase tickets in Bitcoin by scanning a QR code with RapidZ.

The plan is to extend the pilot project to 39 other movie theaters in Bangkok by end-2021. Narut Jiansanong, spokesperson of Major Cineplex, has stated that this movement aims to expand their customer base by attracting more crypto investors. He is aware that up to 1 million Bitcoin holders reside in Thailand, which accounts to 2% of the nation’s total adult population.

Leave a comment

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

111 North Bridge Road, 21-01, Peninsula Plaza, Singapore 179098.

Phone: +65-80282938

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us