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Steak n’ Shake Slashes Payment Costs by 50% with Bitcoin Adoption—Bankers Grind Teeth

Steak n’ Shake Slashes Payment Costs by 50% with Bitcoin Adoption—Bankers Grind Teeth

Coindesk
Author:
Coindesk
Release Time:
2025-05-27 18:38:02
0

Steak n’ Shake COO Says Bitcoin Payments Cut Processing Fees in Half

When legacy finance takes a 2% vig on every swipe, why wouldn’t you flip the script? Steak n’ Shake’s COO just proved the point: Ditching card processors for Bitcoin cut their payment fees in half overnight.

No chargebacks. No middlemen. Just pure, greasy efficiency—the kind that makes Wall Street’s ‘innovators’ blush. (Funny how real disruption skips the pitch decks.)

Next up? Watching other chains scramble to copy the playbook—before crypto eats their lunch too.

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