Cine Multi Movie Theater in Florianopolis, Brazil Adds Bitcoin Payment Option for Buying Tickets

Cine Multi, of Florianopolis, a city in Brazil has just become the first cinema house to start accepting payments in cryptocurrencies. The clients of the cinema can enjoy the services of cinema and still pay with crypto-coins in a very simple way through the bracelet, card or the Bancryp App.

Florianopolis is the capital and second largest city of the state of Santa Catarina, in the South region of Brazil. It has a population of 477,798 and is known for having the country's third highest Human Development Index score among all Brazilian cities (0.847). Cine Multi is located a few miles from the sea and in one of the most visited places of the South of the island.

Bancryp App wants to make real-time transactions between fiat currency and cryptocurrency so that customers will be able to manage them both in a digital and online environment, seeking the evolution of the platform inside a responsive environment of regulation.

It is targetting one million users and organizations active in Brazil in 2019, with the aim of making thousands of people use crypto-coins on a day-to-day basis without complexity, with security and convenience, thus strengthening Brazilian crypto-economy

Fernando Costa, owner of Cine Multi said: “For Cine Multi, which already follows the path of culture, pioneering an innovative market is a huge step forward. Now all the customers besides being in a pleasant environment will also be pioneers to pay a cinema with Bitcoins.”

In December 2018 Bitcoin Exchange Guide had reported that Oasis Supermercados, a supermarket chain set in the Brazilian state of Rio de Janeiro, has started to accept crypto payments.

You can pay the company with Bitcoin (BTC), Bitcoin Cash (BCH) and Litecoin (LTC). In order to avoid volatility, all payments are processed as soon as they are made.