Lolli Teams Up With Grubhub For Bitcoin Rewards

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Bitcoin rewards company Lolli has partnered with food delivery platform Grubhub to allow users to earn bitcoin on every Grubhub order, according to a press release on Wednesday, December 1. Customers will earn $ 5 in bitcoin on their first Grubhub order and $ 1 in bitcoin on all future orders.

To accumulate bitcoin on Grubhub orders, users must download and activate the Lolli app for iOS on mobile or use the extension on the web before placing an order. Once $ 15 in confirmed Lolli Rewards has been accumulated, users can keep the bitcoin in their Lolli.com wallet or transfer it to a virtual wallet, according to the announcement.

“Delivering food is a ritual for many, and bitcoin rewards make bitcoin a part of that ritual,” said Alex Adelman, CEO and co-founder of Lolli. “Giving users bitcoin rewards on every Grubhub order is an incredible step in bitcoin adoption, making earning bitcoin easier and more accessible than ever.”

Grubhub announced last month that University of Arizona students could receive food delivery orders from restaurants on campus via Yandex Self-Driving Group delivery robots, known as rovers, as reported by PYMNTS.

See also: Grubhub and Yandex to Bring Robot Delivery to University of Arizona

Lolli launched a similar collaborative effort with Hotels.com in 2019. The company is also a partner of Priceline, Hilton and Marriott.

Also in 2019, Lolli partnered with grocery chain Safeway to allow chain shoppers to collect 3.5% bitcoin on all online purchases, according to PYMNTS.

Related News: Some Safeway Stores Will Give Bitcoin As Change

The 3-year-old company is making bitcoin accessible by offering bitcoin rewards to buyers at more than 1,000 retailers, including Kroger, Microsoft and Booking.com, according to Lolli.

Since its launch, Lolli has enabled more than 400,000 buyers to become bitcoin investors simply by buying online, according to the announcement.

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NEW PYMNTS DATA: 2021 HOLIDAY SHOPPING PERSPECTIVES

By the way: It’s almost time for the holiday shopping season, and nearly 90% of U.S. consumers plan to do at least some of their purchases online – 13% more than in 2020. On the 2021 Holiday Shopping Outlook, PYMNTS surveyed over 3,600 consumers. to find out what drives online sales this holiday season and the impact of product availability and personalized rewards on merchant preferences.

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