Las Vegas businesses are increasingly adopting Bitcoin payments to mitigate high credit card transaction fees, which typically range from 2.5% to 3.5%. By using Bitcoin, merchants can significantly lower these costs, retaining more revenue as operating expenses rise. The adoption is facilitated by QR-based payment systems that simplify transactions, attracting crypto-savvy customers and boosting foot traffic.
The trend is gaining momentum across various sectors, including retail, food, and services. Notable national brands like Steak 'n Shake have joined the movement, offering Bitcoin-themed promotions and employee bonuses. Additionally, Square's initiative to allow U.S. merchants to accept Bitcoin without processing fees through 2026 has further accelerated local adoption. This shift highlights Bitcoin's growing role in everyday commerce in Las Vegas.
Las Vegas Businesses Embrace Bitcoin to Reduce Transaction Costs
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