Restaurant Payments Go from Cash to Credit to Contactless – to Cryptocurrency 

3 Min Read By Dirk Izzo

The value of the cryptocurrency market almost tripled in 2021, with digital currencies having the potential to achieve returns higher than the stock market. People use cryptocurrency for quick payments, anonymity, investments or to sidestep transaction fees charged by banks. As payments evolve, consumers adapt and restaurants must meet them there.

Why the Crypto Craze?Big-name businesses have immersed themselves into the world of crypto, including PayPal, MasterCard, Microsoft and Overstock. And while some restaurants have yet to accept digital currencies, many are placing crypto on the menu.

For instance, Landry’s Chairman and CEO Tilman Fertitta announced in 2021 many of its restaurants would accept bitcoin and other digital currencies. Its brands include Mastro’s, Morton’s The Steakhouse and Bubba Gump Shrimp Company. With cryptocurrency, Landry’s diners will be able to earn one point for every dollar they spend. Once they earn 250 points, they are rewarded with $25…