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

[ILuckyGuyI]

The popularity of Bitcoin payment is rising very quickly. There are too many places that accept Bitcoin as a payment option in many countries. In France, 15000 restaurants started to accept and this can help so many people start to use Bitcoin too. There are people who claim that Bitcoin is losing its popularity but these kind of news shows that there is no such thing now.

[Ucy]

.

 "To make a payment in Bitcoin, you need to create a cryptocurrency digital wallet by downloading special software or an application."

Interesting.
What special software/application? Is it a wallet application owned by the company or are they partnering with a payment processing company? Trying to know if they have been able to sort out certain important issues so that other businesses that plans to use Bitcoin can learn from them.

[posi]

I'm actually surprised to learn it wasn't already there. JustEat in Netherlands has been using Bitpay since at least 2017 through Thuisbezorgd

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.

I guess we should expect more good news for cryptocurrency.

[Upgrade00]

In this case, privacy when paying with Bitcoin doesn't make much sense, because it's about delivering food to the user's address

My bad, I was thinking of that, but as I rarely eat out, I do not quite know their privacy policy and I assumed they do not store the data they receive such as customer address but a transaction cannot be deleted as it's needed for accountability.

- but still maybe some could have problems with refund to their bank accounts, because some banks are not crypto friendly.

The refund would have nothing to do with cryptocurrency from what I understand; you send them Bitcoin, they convert it instantly using a payment processor and receive fiat. If an order is cancelled later, they'll be paying from their euro account into the customer's account, the bank would not be involved in the initial cryptocurrency transaction.

But what about Bitpay's conversion rate? I've never used Bitpay, but it sounds like a suspiciously good deal.

According to their website they do not charge any hidden fees besides the 1% and they take their conversion rate from exchanges for U.S and Eurozone purchases, while other regions is done indirectly

To calculate the exchange rate for US Dollars, we typically pull the market depth from an exchange with adequate liquidity and reliable withdrawal capabilities in the USA and Eurozone. We factor "slippage" into our exchange rates, which means that the larger the value of the invoice, the lower the exchange rate. Slippage is usually only noticeable on very large invoices.

We set exchange rates for non-USD currencies indirectly using the Open Exchange Rates API. In the future, as Bitcoin markets in non-USD currencies mature, BitPay will use those markets directly.

[finaleshot2016]

That is good news because people can try to pay using bitcoin to buy food in those restaurants. But for me, I don't want to use my bitcoin to just eat in those restaurants because I want to save every bitcoin that I have. I will still use fiat money than to use bitcoin, but I hope that other coins will be accepted as the payment transaction.

But using bitcoin as the payment can help people to avoid using physical money because they can use a mobile phone and scan the cost to pay the food. That will be like a cashless for making the transaction.

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.

[BlackFor3st]

Another good news for crypto lovers especially to bitcoin users that are staying in France as they can now easily pay their bill there using bitcoin.
This is another step for bitcoin acceptance and this simple move will likely to influence other companies out there to follow this move.

I will be hoping that this will also happen in our country as I love ordering foods here and I would be love to pay via bitcoin or other currencies also if possible.

[stompix]

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.

A part-time worker who might be a registered sex offender is going to deliver food to your doorstep in the middle of the night, what privacy are we talking about?  . Anyhow, why is every good thing coming along with something bad?

The delivery service is using Bitpay as its Bitcoin payment provider. 

Well, that ruined my appetite.

It also has a good purpose why they included it since they saw a decline in using cash for payment.

What decline in cash payment? They never accepted cash, just CC and Paypal.

I think Just Eat's decision was due to the virus, COVID19, which brought down a lot of establishments to close. Now, people prefer ordering online and to attract more clients, they have added Bitcoin as a method of payment. This is just my theory though but I am sure there is a high chance this has been brought due to the virus.

In France restaurants have reopened since June, it's 3 months from then, rather than an increase in online orders we can talk about a decrease in them, I, for example, got bored with food delivery in early May, seriously, not going to pay twice as much as its worth, wait one hour for it and have it delivered like rationing in plastic boxes, I'm done with it, I'd rather spend one hour in the kitchen and eat stuff I burned half than ordering again.
Before the crisis I was eating pizza probably once a week, during the lockdown 3-4 times, now it's 3 months since I eat one and I'm not eager to touch it again.

[ChiBitCTy]

This is really cool and hearing news like this gives me great hope for the future progression of bitcoin and or all other cryptocurrencies.  I would love a feature like this to hit Chicago Illinois here in the United States where I live.  I guess the only issue I could foresee happening is if there was a problem with the meal and you needed to do a refund.  Let's say bitcoin drops dramatically from the time you pay from the time you need that refund.  Restaurants could find some issues with this if they are not careful or do not know how to properly use bitcoin.

[Quidat]

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.

As expected to be on that kind of arrangement where it do end up on using payment processors which you might still end up on giving out your bank details and as you mentioned i do much
prefer to be anonymous but well these kind of set-up is common when you do deal with traditional businesses which isnt surprising but somehow this news is a good thing yet it do really
involved or do shows about adoption is on the move and consideration is already there. Hope that other neighboring countries or even on a far will consider to make such similar step
towards bitcoin payments.

[milani]

I’ve been accessing their sites worldwide, in order to see other countries where they accept BTC as a means of payment. Unfortunately, I have only been able to make out Switzerland so far (3.000 establishments on the platform), since the other local sites require one to login in order to get to the screen that I want to reach. Both France and Switzerland do mention Bitcoin on their home page, whilst the others don’t, so perhaps it’s just down to them two for now under this brand name.

Note: And yes, its 15k establishments in France, not 1,5K.

May be it is just the beginning only and after some period of time such information about possible means of payment like BTC will appear on websites of this Just Eat group in other countries also:
"Payment methods have been expanded and now include Apple Pay, Google Pay (via our Just Eat app) and bitcoin, in addition to other payment methods if offered by restaurants (credit card, Paypal, cash, checks or meal vouchers)".
Nevertheless it is a great step for Bitcoin, crypto in whole and for this group of restaurants. They are functioning in 13 countries. And of course acceptance of BTC depends not only on the desire of the owner of the restaurant, but on different nuances of the inner policy of the exact country. May be there is some reason. So I hope this one great step in France and in Switzerland will prolong lots of such great steps in other countries, it would be a good example)

[pixie85]

I like the idea. A similar sites operate in many countries.

For example, tin 2017 a site with access to more than 5000 restaurants did the same thing in Poland.
https://news.bitcoin.com/polands-largest-food-delivery-website-restaurants-starts-accepting-bitcoin/

I wonder how they are doing. How many people actually chose Bitcoin over a bank payment.

[Xembin]

I think other countries will like to join the process accepting Bitcoin payment in restaurant.this is a welcome development by accepting payment with Bitcoin, to any government that allow such system to be carry out in their environment.

[aesma]

Definitely good news, and I will install their app and try it out on occasion.

I must say, as a French member, I had never heard of Just Eat. I'm not a big food delivery client though. During the pandemic I did use such services a few times, mainly because they had promo offers, so I used Deliveroo and Uber Eats.

It turns out Just Eat has bought and integrated/renamed Allo Resto, I had heard of that one, so it makes sense.

[erikoy]

That sound so good for the bitcoin system adaptation. We can sense that now bitcoin is really one of the best payment options since these establishment are accepting bitcoin. It will be a matter of time that more and more people will acknowledge bitcoin's worth. At the same time bitcoin also is one of the biggest currency in the world after being listed. If I were have to own an establishment then I should also integrate bitcoin as payment to get more sales to my business. It is one way of doing arts in business having bitcoin as an option.

[dimonstration]

Definitely good news, and I will install their app and try it out on occasion.

I must say, as a French member, I had never heard of Just Eat. I'm not a big food delivery client though. During the pandemic I did use such services a few times, mainly because they had promo offers, so I used Deliveroo and Uber Eats.

It turns out Just Eat has bought and integrated/renamed Allo Resto, I had heard of that one, so it makes sense.

It's just only during these Pandemic too that I started to use online deliveries  and accepting crypto as a  payment. It is easier in transactions and verifications, unfortunately only few were open to this idea and still prefers mobile banking for transactions. If only there will be a establish company who will start doing it so in my country just probably the only time many will accept it. It's a great move for France Just Eat to accept  crypto for a lesser physical transactions to avoid the virus.

[eaLiTy]

Bitcoin began to be accepted as a means of payment in the Just Eat restaurant delivery network in France. Users of more than 1,500 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.

It is a good news for all the BTCitcoin investors as they are getting more options for the currency they are holding, but i would like to know the procedure, are they allowing zero confirmation transactions while verifying your identity or you need to wait for the confirmation without verifying anything. If anyone in the forum tried this payment option i would like to hear from them.

[AmoreJaz]

Definitely good news, and I will install their app and try it out on occasion.

I must say, as a French member, I had never heard of Just Eat. I'm not a big food delivery client though. During the pandemic I did use such services a few times, mainly because they had promo offers, so I used Deliveroo and Uber Eats.

It turns out Just Eat has bought and integrated/renamed Allo Resto, I had heard of that one, so it makes sense.

It's just only during these Pandemic too that I started to use online deliveries  and accepting crypto as a  payment. It is easier in transactions and verifications, unfortunately only few were open to this idea and still prefers mobile banking for transactions. If only there will be a establish company who will start doing it so in my country just probably the only time many will accept it. It's a great move for France Just Eat to accept  crypto for a lesser physical transactions to avoid the virus.

just give it a time and the adoption will grow. new method will take time for people to appreciate its benefits. if more people will find out about the advantages, they will endorse it to their friends, colleagues and family. and word of mouth is a powerful marketing tool. but this is already a very good start.
 if more and more apps will integrate btc or crypto payment, users of that app will check on how to use crypto and will be a good alternative to use cash.

[taufik123]

The article also says that the company is partnering with cryptocurrency payment provider Bitpay which allows users to pay with the digital currency Bitcoin very easily and in seconds. The Bitcoin price will be calculated depending on the current price on the Bitpay application and the platform will not charge a transaction fee for payments using Bitcoin. Of course it will be a little profitable because without any additional costs.

For cancellation of orders paid in bitcoin, the platform will no longer return in bitcoin, but will be returned in Euro to the user's account. The refund amount does not depend on the realtime bitcoin price.

[MCobian]

Even though I'm not French, but as a crypto community, I would be very happy to hear the news that restaurants in France
started accepting Bitcoin as payment. I am also happy that this news also proves the popularity of Bitcoin is increasing again.
Hopefully more and more countries will start accepting Bitcoin as payment, so it will be easier to spend Bitcoin.

[20kevin20]

...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.

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 -> fiat to only refund the order back into BTC minutes/hours later could turn, with a sufficient amount of orders, into a considerable change of income and profit.

If we really want to see bitcoin growing among the mass, the fear of KYC must be left behind for good! Definitely, if an individual chooses to remain anonymous, there's nothing we can do and we must respect his decision! But let's not make it a reason to push bitcoin back to underground where only hackers and criminals prefers to use it!

Really I don't see an issue in using bitcoin for any purchase (online or offline) if the government allows it. It's not important to hide behind the rock every time there is a question of privacy.

Yeah, the issue isn't that there are services out there giving you a choice. It is that the list of these choices you get shortens with every new such updates. We should have a choice no matter if we're willing to be anonymous or not.

Assuming that more anonymity/privacy pushes for more (cyber)crimes is wrong in the first place, I believe. A lot of people prefer to keep their cash out of banks for safety and privacy purposes, so that your bank doesn't ask you why you spent your bucks on certain stuff or where that money comes from.

I'm happy to see Bitcoin being accepted by more and more countries, companies and individuals worldwide. But adoption shouldn't mean leaving a person who desires to be anonymous with no options because it leaves them with 2 options: either having to do a criminal activity (tax evasion) in order to make use of their BTC or having to leave their privacy behind and follow the KYC rules.