MovieTickets.com integrates with GoCoin

FinTech | June 18, 2015 By:

On Monday, June 15, MovieTickets.com announced an integration with bitcoin payment processor GoCoin. As a result, theater chains that use the credit card processing services offered by MovieTickets.com will be able to accept bitcoin for any film offered.

“Our intention is to keep the option available beyond the film’s theatrical run for other films to benefit from. The more payment options we offer, the broader our customer base becomes,” said MovieTickets.com CEO Joel Cohen.

GoCoin CEO Steve Beauregard indicated that this includes Regal Cinemas, the nation’s largest theater chain with more than 500 locations. Holdouts notably include AMC Theaters, which itself boasts more than 300 locations in North America.

MovieTickets.com is one of the largest movie ticket purchasing platforms in the US.