Lolli Teams With Grubhub for Bitcoin Rewards

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

To accrue 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 accrued, users can keep bitcoin in their Lolli.com wallet or transfer it to a virtual wallet, according to the announcement.

“Food delivery is a ritual for many, and bitcoin rewards makes bitcoin a part of that ritual,” said Lolli CEO and Co-founder Alex Adelman. “Giving users bitcoin rewards on every Grubhub order is an incredible milestone for 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 on-campus dining locations via Yandex Self-Driving Group’s delivery robots, known as rovers, as PYMNTS reported.

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

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

Also in 2019, Lolli partnered with grocery store chain Safeway to enable the chain’s shoppers to earn 3.5 % bitcoin back on all online purchases, according to PYMNTS.

Related news: Some Safeway Stores to Give Bitcoin as Change

The 3-year-old company makes bitcoin accessible by offering bitcoin rewards to shoppers of more than 1,000 retailers, including Kroger, Microsoft and Booking.com, according to Lolli.

Since its launch, Lolli has provided access to more than 400,000 shoppers to become bitcoin investors simply by shopping online, according to the announcement.

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NEW PYMNTS DATA: THE 2021 HOLIDAY SHOPPING OUTLOOK

About: It’s almost go time for the holiday shopping season, and nearly 90% of U.S. consumers plan to make at least some of their purchases online — 13% more than did in 2020. The 2021 Holiday Shopping Outlook, PYMNTS surveyed more than 3,600 consumers to learn what is driving online sales this holiday season and the impact of product availability and personalized rewards on merchant preference.