15,000 restaurants in France start accepting bitcoin payments through Just Eat!!

[Sadlife]

That's huge news! There are also big firms started to accept bitcoin including Grayscale, Fidelity, Goldman Sach. Even Institutional investors has been buying accumulating BTC. Isn't france one of the country's transitioned to digital payments due to pandemic? If so, then it's nice seeing Cryptocurrency showing its usefullness in trying times.

[Burgalin_LLC]

Bitcoin began to be accepted as a means of payment in the Just Eat restaurant delivery network in France. Users of more than 15,000 Just Eat food delivery restaurants now have bitcoin as a new payment option in the franchise's mobile application, in addition to credit cards, PayPal, cash, among others.

On the website of Just Eat France, a subsidiary of the British-Dutch consortium JustEat Takeaway, the steps to follow when choosing to pay with bitcoin are specified. As a prerequisite, the user requires access to a bitcoin wallet on their mobile, Just Eat says in the instructions. "To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."

In many countries, everyday applications use btc and eth as a means of payment, an example is in Central America that they are creating startups that are all in one, that is, combining services such as uber, uber eat, exchange and others and accepts payments in btc and eth

thanks to the users who commented on the post and corrected the information since it had been mentioned that there were 1,500 restaurants (error when writing the post) but in reality there are 15,000 restaurants

[Burgalin_LLC]

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[roadrunnerjaiv2025]

Even if I have regrets for not getting into crypto earlier, I still feel lucky to be in it before it takes off in terms of mass adoption. Most likely, whoever owns that business is investing in bitcoin and that tells a lot about how they find their investment lucrative. I hope more businesses in my country start doing the same. The little promotion could give bitcoin adoption an extra push.

[Burgalin_LLC]

Even if I have regrets for not getting into crypto earlier, I still feel lucky to be in it before it takes off in terms of mass adoption. Most likely, whoever owns that business is investing in bitcoin and that tells a lot about how they find their investment lucrative. I hope more businesses in my country start doing the same. The little promotion could give bitcoin adoption an extra push.

Everything will depend on the earnings in the test, if the other companies see that they did well accepting btc, believe me they will accept it one more time knowing that they will not have problems as in paypal with refunds or account limitation

[LogitechMouse]

Time after time, we are seeing different establishments that are accepting different types of cryptocurrencies already.

Overall, the cryptocurrencies are gaining traction now and its adoption is moving slowly with this businesses accepting it. I know that this will continue in the future and for sure more and more people will know about it already. I just hope that more people will be using Lightning Network too in the future so we will experience low fees and fast tx speed.

[cheezcarls]

That's great to hear! One day when this pandemic is over and vaccine already in public, I would love going to France and visit any of these restaurants that accepts Bitcoin as payment method. However, I have to process my Schengen visa first plus the budget, everything, etc., when this COVID-19 virus is over.

I just really hope that the Philippines and other countries would soon follow suit on what these restaurants in France are adopting Bitcoin in a massive way.

[AjithBtc]

Already we've got more online food delivery platforms accepting bitcoin and other cryptocurrencies. Few of which were the when-hungry, takeaway, shuttle delivery. These have got limited service locations, around Europe and some has established little wider. Now a food chain getting into botcoin acceptance partnering with payment support system is really a step forward in the growth and widening of the bitcoin market.

[michellee]

15,000 restaurants in France is a big number of the merchant which start accepting bitcoin payment. That is great news for the crypto world, and I guess that can lift the crypto become popular in France. If many restaurants can succeed to do that, I think many more restaurants in France will follow the way, and soon, we will see France will be a destination for people who work in the crypto world to the holiday because they can easily to use crypto. The adopting process will not move slow because the other businesses will also use bitcoin payment.

[cryptoperkele]

So, basically news is that Bitpay partnered with Just Eat and this is the outcome? This is really cool, and if they create income for Just Eat, there will be more parnerships coming up. I've only used bitpay once to buy my laptop and it worked like a charm. I would most definitely use Just Eat if it comes to my country.

[Upgrade00]

For online orders, most merchants will have to do this in order to avoid losses. They're converting BTC into fiat instantly in order not to be affected by price volatility, and converting BTC

Payment processors is already common practice for outlets that accept payment in Bitcoin although not many Bitcoin users appreciate it.
I would like to contrast this situation with another restaurant which got involved in Bitcoin recently, although in a different way;
A Canadian based restaurant recently converted all its holdings to Bitcoin, effectively using it as a reserve currency over other options like fiat or gold. They however did not begin accepting it as a means of making payments and even discouraged others from spending theirs, one of their tweets in response to a question about whether they would accept Bitcoin as payment read:
"Thank you brother. We will not unfortunately,, however we do recommend that you don’t spend it. It’s to be hoarded  "
In a subsequent tweet, they wrote that; "...We will probably accept it when it stabilizes in price. That is 10 years out maybe more in our opinion Thumbs up"

My question is; Which is better practice to promote adoption of Bitcoin by merchants and outlets?
• Accepting it as a payment method, but not holding it.
• Holding it as a reserve currency, but not accepting it as payment.

I personally would chose the first, one of the best ways to improve adoption imo, is by providing more daily uses for Bitcoin and giving holders an avenue to use it practically, rather than just leaving it sitting in a wallet.

[buwaytress]

I believe the reason why it took JustEat a lot of time before they add Bitcoin payment to their services in France is because of the statement once said by the French Central Bank (Banque de France) that Bitcoin should not be considered as a means of payment but the pandemic seems to switch things in favor of cryptocurrency.

That didn't stop 5,000+ French tabacs selling Bitcoin though! Though I suppose selling Bitcoin and accepting it as payment are legally two different things...

Same, bitcoin isn't a currency that you can spend anytime and anywhere, it's an asset that gives you a chance to earn a profit when price value surged.

Gonna save all of that bitcoin and sell it when it is already profitable. What if there are circumstances where you bought food by using bitcoin then suddenly the price goes high, definitely gonna regret it.

Speak for yourself =p Bitcoin's an experiment for me, still, even with all my belief and invested time in it. I earn what I can, save what I can, but I also want to spend it and use it to live. Worse case scenario Bitcoin dies (hey, possible), at least I can look back on all those pizzas paid for with a small slice of history;)

[dre1982]

In the Netherlands the Dutch part of Just Eat 'Thuisbezorgd' does this for many years already. Great to see that also other countries are offering it.

[Ridwan Fauzi]

Just wondering how much bitpay charge the fee for every transaction?

Also, those restaurants seem like never know how to use bitcoin properly so as they make a partnership with bitpay. I'll be happy if those restaurant directly accept bitcoin without any party. However, this is a good move for them, at least with they accept bitcoin there will be many people who curious to bitcoin and they will find more about it.

[AniviaBtc]

It's definitely good news, but unfortunately, with a few Google searches it doesn't look like they're accepting bitcoin through Lightning(at least yet). Any widely used platform should really take the risk and accept Lightning payments if we want to see any adoption at all.

I agree but it’s better than nothing & a good step in the right direction. All new adoption is a positive & Rome wasn’t built in a day. It’s going to take years for absolute mainstream adoption but every little is good.

Achieving mainstream adoption is not that easy and it needs a lot of time and patience for it to become accomplished.

But this is the only start, with just a simple adoption like this, making businesses accepts bitcoin as a payment this is a big help for us. Bitcoin community should be really supporting this cryptocurrency so that not only restaurants will be the one to accept bitcoin as a payment, so that any other business can also join in this development.

Lightning payments will surely become normalized soon so we just need to take some time.

[feitannnnnnn]

According to this article the service cuts across 15,000 restaurants in France, not 1,500.
Overall, It's a good step forward for publicity and adoption as people would struggle less to find ways to spend bitcoins. They firm also plans to make inroads into other countries like the U.S, leading to more adoption.
But, this part of the article caught my eye;

...Payments using Bitcoin will be calculated based on the current price charged by Bitpay. However, if a Bitcoin payment is cancelled, the customer will be refunded in Euros, with payment being sent to a customer’s traditional bank account.

“When you make your initial payment, Bitcoin is already converted into Euros. The rate applicable at the time of your payment will therefore be the rate applied for reimbursement,” the website says.

If I use Bitcoin there is a likelihood that I wish to remain private, compelling users to divulge their bank details for a refund when an order is cancelled doesn't quite sit right with me. Understandably, they are using a payment processor, so all transactions made in bitcoins are immediately converted to fiat, they could however still hold some bitcoins in reserve precisely for this sort of situations.

Wow, cryptocurrency becomes more popular! This article can be a stepping stone for bitcoin to introduce in the whole world. It is not already a new idea that merchants will adopt the new mode of payment in order to convey some customers to buy. And as a customer, I think there are many customer right now specially those who are millennial will prefer to pay in bitcoin. We always look forward for cryptocurrency to become mainstream and popular in the world. And as pioneers, I believe we should be happy because we are already a foot step forward for investing in bitcoin.

As this was a good start for the bitcoin to be known in public, the safety guidelines of paying cryptocurrency might raise questions for the anonymity of the wallet, and the paying method itself, through bitpay. Many parts of bitcoin is still unknown to the many, and most of the users are partly just going with the flow of the masses as they see it as good investments. We can't just abandon the thought of thieves lurking around, waiting for a great chance to attack and claim your coins easily now that it is in public market. Commonly, payments through bitcoins are private and anonymous but in public, we cant think of it the same, as the government may interfere about the rules of payments.

[Kakmakr]

The problem with most of these merchants that are accepting Bitcoin is always the same. They only accept Bitcoin as a alternative payment, if you work through some kind of payment processor and in this case it looks like they are using BitPay? (or are they just using it's market price for Bitcoin)?

They are only interested in the Fiat currency and not the potential of the new alternative currency. The fact that "cancelled" transactions are refunded in Euro is a clear indication of what their main goal is with Crypto currencies. 

Also, do they offer some kind of discount for Crypto payment to promote it? No... 

[20kevin20]

My question is; Which is better practice to promote adoption of Bitcoin by merchants and outlets?
• Accepting it as a payment method, but not holding it.
• Holding it as a reserve currency, but not accepting it as payment.

Holding BTC as a reserve currency in an already risky environment (which is a standing up business) is risky as hell. In the end, we pay our everyday stuff and receive our salaries in USD value - not in BTC. Having your income go crazy from not even a month-by-month but a daily basis is probably as risky for a business owner as holding a shitcoin is.

The fact that the owner of the restaurant you have linked turned their money into BTC doesn't mean anything else but the fact that he is a Bitcoin believer and investor. While I understand it'd be better if we were purists and had no payment processors, that is just from our view. Let's not look past the consequences Bitcoin could suffer from if businesses adopting it the "purist" way started struggling.

However, we should underline one thing, which is the potential volume of transactions that are actually going to be done through Bitcoin. I doubt there would be a significant volume in comparison to cash/card txs they'll receive.

The fact that "cancelled" transactions are refunded in Euro is a clear indication of what their main goal is with Crypto currencies.  

It doesn't look like a bad intention to me. They're accepting Bitcoin. A business will obviously have mostly one main goal, and that is earning a profit. This is just one more choice for our French BTC fellas.

[Eureka_07]

The problem with most of these merchants that are accepting Bitcoin is always the same. They only accept Bitcoin as a alternative payment, if you work through some kind of payment processor and in this case it looks like they are using BitPay? (or are they just using it's market price for Bitcoin)?

They are only interested in the Fiat currency and not the potential of the new alternative currency. The fact that "cancelled" transactions are refunded in Euro is a clear indication of what their main goal is with Crypto currencies. 

Also, do they offer some kind of discount for Crypto payment to promote it? No... 

Been thinking for this since I heard bunch of small businesses started to accept bitcoin or other cryptocurrencies as paymetns (are you sure that they are just alternative payments? Is there no any merchants who really accetps bitcoin not just to be alternative payment method but to be a stand-alone?) I mean, they have an fixed amount for their products or services, not dependent on the current value of fiat currencies.
But this will type of payment method is lethal to the business itself since bitcoin has high volatility, making the income of businesses less or higher.

[sunsilk]

Good news then.

I've read the article and that digital wallet that they have stated could be their very own platform wallet. It's partnered with Bitpay and most companies in France that will see the success and adoption on this are likely to adopt it too.

I've already come up with a slogan for them - Just Eat! Just pay with bitcoin.

You should contact them and tell them this slogan.