{"id":28875,"date":"2025-05-27T19:46:40","date_gmt":"2025-05-27T19:46:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28875"},"modified":"2025-05-27T19:46:40","modified_gmt":"2025-05-27T19:46:40","slug":"steak-n-shake-coo-says-bitcoin-payments-cut-processing-fees-in-half","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28875","title":{"rendered":"Steak n\u2019 Shake COO Says Bitcoin Payments Cut Processing Fees in Half"},"content":{"rendered":"<div>\n<p>LAS VEGAS, Nevada \u2014\u00a0Steak n\u2019 Shake has only been accepting bitcoin payments for two weeks, but the American fast food chain\u2019s COO Dan Edwards said it\u2019s already been a \u201cwin\u201d for both the company and its customers.<\/p>\n<\/p>\n<p>Speaking at Bitcoin 2025 in Las Vegas on Tuesday, Edwards said that bitcoin payments have been faster and cheaper than traditional credit card payments.<\/p>\n<\/p>\n<p>\u201cWhen customers choose to pay in bitcoin instead of credit cards, we are saving about 50% in our processing fees,\u201d Edwards said. \u201cThis means that bitcoin is a win for the customer, it\u2019s a win for us as a merchant, and it\u2019s a win for the bitcoin community.\u201d<\/p>\n<\/p>\n<p>Edwards said that on May 16, the day Steak n\u2019 Shake began accepting bitcoin payments, one in every 500 bitcoin transactions globally happened at Steak n\u2019 Shake.<\/p>\n<\/p>\n<p>\u201cAccepting bitcoin allows us to meet our customers where our customers are,\u201d Edwards said. \u201cWe were seeking to provide our customers with another viable option by which to pay for our products. We understand that allowing customers to pay with bitcoin alongside cash and credit cards, puts bitcoin on par with those methods, those other globally accepted payment methods.\u201d<\/p>\n<\/p>\n<p>Edwards added that you can buy more than just a burger and beef tallow fries with your bitcoin at Steak n\u2019 Shake \u2013 the company is also allowing would-be franchisees to purchase their franchises with bitcoin.<\/p>\n<\/p>\n<p>Riding the success of bitcoin payments, Edwards said the company is looking for other ways it can embrace technology to bring its food into the future \u2014\u00a0including robo-taxis, cyber-chefs, and drones.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>LAS VEGAS, Nevada \u2014\u00a0Steak n\u2019 Shake has only been accepting bitcoin payments for two weeks, but the American fast food chain\u2019s COO Dan Edwards said it\u2019s already been a \u201cwin\u201d for both the company and its customers. Speaking at Bitcoin 2025 in Las Vegas on Tuesday, Edwards said that bitcoin payments have been faster and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28875","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28875"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28875\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}