Sat, January 24

Las Vegas Businesses Use Bitcoin as a Mainstream Payment to Avoid High Credit Card Fees

Las Vegas Businesses Use Bitcoin as a Mainstream Payment to Avoid High Credit Card Fees Market News
  • Local Las Vegas restaurants and chains are increasingly accepting Bitcoin.
  • Businesses are saving 2.5–3.5% in credit card processing fees.

Las Vegas local Businesses are accelerating their usage with crypto-related payments, mainly with Bitcoin, as it is preferred more than credit card payments because of lower transaction fees, which is the main advantage seen, and is being adopted as mainstream adoption. 

According to the local news channel Fox5Vegas, restaurant chains in Las Vegas, including small juice bars, are avoiding credit card processing fees that range from 2.5% to 3.5%, while tapping into a growing customer base actively seeking crypto-friendly merchants. 

According to the local vendors, calls and inquiries are frequently received, and consumers who would not typically be aware of their store come in particularly to spend Bitcoin. Through specialized Bitcoin maps or the directory function of the Cash App, customers can find companies that take Bitcoin, establishing natural routes of discovery for businesses that accept crypto payments, noted  Fox5Vegas.

Big brands accelerate Bitcoin adoption

With that, earlier this week, the large business, Steak ‘n Shake, will provide hourly employees at its company-operated restaurants with a Bitcoin bonus of $0.21 per hour worked, starting from March 1, with the collaboration with Fold Holdings, where they both joined on October 2025 and introduced  Bitcoin Burger for customers. 

As per the reports, the company recorded $69.3 million in revenue in Q2 2025, up 12% year on year, with executives crediting Bitcoin users for driving a 10.7% increase in overall performance. With a 15% rise in sales in Q3, the momentum picked up speed, surpassing key competitors like McDonald’s, Burger King, Taco Bell, and Starbucks to create one of the fast-food industry’s most remarkable runs. With that, Steak ‘n Shake announced the creation of a Strategic Bitcoin Reserve, where all payments received in Bitcoin will be stored.

The change comes after Square, a financial service platform, decided in November 2025 to launch Square Bitcoin, the first fully integrated Bitcoin wallet and payment system designed for local companies of all sizes, and allowing U.S. retailers to accept Bitcoin payments with no processing costs. Moreoever, it predicts that between 2024 and 2026, Bitcoin will continue to play a bigger role in daily transactions.

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