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Revolutionary integration brings Lightning Network payments to 300+ outlets across the U.S.
Speed, a leading Bitcoin and stablecoin payment infrastructure provider, is proud to announce its partnership with the iconic American restaurant chain Steak ‘n Shake. Through this collaboration, Bitcoin payments have been successfully implemented across all 300+ Steak ‘n Shake locations in the United States, enabling customers to transact using Bitcoin via the Lightning Network across kiosks, counters, and drive-throughs.
This full-scale rollout was made possible through Speed’s robust and developer-friendly API infrastructure, which allowed Steak ‘n Shake to integrate Bitcoin payments across kiosks, drive-throughs, and traditional counter service with minimal disruption to existing operations. The deployment was completed in a matter of days—a testament to the flexibility and scalability of Speed’s solutions.
This partnership represents a significant milestone for mainstream crypto adoption, said Jayneel Patel, CEO of Speed. Our API-driven system allowed Steak ‘n Shake to incorporate Bitcoin payments into all of their customer touchpoints quickly and efficiently, without compromising on user experience or operational flow.
Customers can now pay using Bitcoin directly at self-service kiosks by scanning a Lightning Network-enabled QR code, with transactions settling instantly. This process eliminates the delays typically associated with legacy payment systems and ensures a smooth, intuitive checkout experience.
In support of the drive-through operation—where speed and simplicity are paramount—Speed also delivered a custom browser-based point-of-sale (POS) system tailored to Steak ‘n Shake’s workflow. The POS requires no additional hardware or third-party apps and allows staff to accept Bitcoin payments quickly and securely from any web-enabled device.
Unlike limited pilot programs, Steak ‘n Shake implemented this payment system simultaneously across all locations, reflecting growing confidence in the maturity of Lightning Network technology. Since launch, the system has processed a significant volume of transactions without interruption, underscoring the reliability of both Speed’s infrastructure and Bitcoin’s capability as a practical medium of exchange.
With this integration, we are helping redefine the perception of Bitcoin payments—from being seen as slow or complex, to a fast, dependable, and cost-efficient solution, added Mr. Patel.
Speed’s platform provides merchants with real-time payment confirmations, simplified reconciliation, and full support for Bitcoin and Stablecoin across both the Lightning Network and on-chain transactions. These features ensure that businesses can accept digital currency without technical overhead or operational risk.
As digital payments continue to evolve, Steak ‘n Shake’s implementation of Bitcoin payment infrastructure highlights the growing demand for accessible and future-ready financial solutions in the restaurant and retail sectors.
For more information about the integration or to learn about Speed’s payment solutions, visit www.tryspeed.com.
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In this quick guide, we’ll show you how to deposit Bitcoin to Speed Wallet using Cash App via the Lightning Network (recommended for speed and lower fees) or using a regular Bitcoin address.
Speed is a leading Bitcoin payment processor for individuals & businesses. Accept Bitcoin payments in your online or offline store, instantly over the Lightning Network or on-chain, at no setup cost.
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