Pizza Hut Now Accepts Bitcoin, Ethereum in Venezuela

Thanks to a partnership with Cryptobuyer, Pizza Hut’s customers in Venezuela can now pay for their food using Bitcoin, Ethereum, and other cryptocurrencies.

The Venezuelan branch of major American restaurant chain Pizza Hut has partnered with crypto-focused firm Cryptobuyer to offer its customers the ability to pay with Bitcoin and other cryptocurrencies.

“We come with good news! We continue to grow and work to expand your payment options in Cryptocurrencies. We are happy to announce our most recent alliance with Pizza Hut Venezuela. From today you can share with your family and pay with Bitcoin, XPT, Dash, CryptobuyerPay,” Cryptobuyer announced on November 27.

Currently, the firm’s point-of-sale (POS) solution—Cryptobuyer Pay—supports payments using Bitcoin, Binance Coin, Dash, DAI, Ethereum, Litecoin, Tether, and XPT (Cryptobuyer’s own token).

“Today the use of technology has become so vital for people who have devices in their daily lives. It is important that we accompany them, young people, contemporary adults or people with a knowledge of technology,” Richard ElKhouri, head of Pizza Hut Venezuela, told local outlet El Axioma.

“Pizza Hut today cannot be detached from these technological advances and all those incorporations of new systems of approaches or daily life,” he added.

Founded in 2015 and focused on Latin America, Cryptobuyer provides services such as digital currency payment solutions, crypto ATMs and POS terminals. Reportedly over 40,000 businesses in Latin America are already using the firm’s services, including local branches of Burger King, Samsung, and Intercontinental Hotels as well as Traki—the largest retail chain in Venezuela.

As Decrypt reported in May, Cryptobuyer has also announced a new deal with traditional payments firm Megasoft to bring its crypto POS solutions to over 20,000 merchants in Venezuela.

However, an increasing number of cryptocurrency-focused firms—such as Bitcoin wallet service provider Xapo and crypto exchange Paxful—are folding their operations in Venezuela lately.

Many of those companies are citing the economic sanctions imposed by the US government as the main reason for turning their back on the country.

Source: decrypt.co

Comments

Cryptocurrencies Adding to the Safety and Security in the UK Gambling Industry

These are exciting times for the UK gambling industry. The impact of internet technology is now being felt with online gambling now controlling the industry. The adoption of cutting-edge technology is reasonable for the boom in the industry. From live casinos, mobile apps to artificial intelligence, incredible trends continue shaping the gambling industry. However, it is the rise of cryptocurrency casinos that seeks to redefine UK gambling. Many operators now include crypto coins such as bitcoin, Ethereum and Litecoin as part of their banking methods. Others offer exclusive bitcoin payments and promotions based on digital tokens. This revolutionary trend has a huge impact due to enhanced safety and security on these platforms. Players looking for peace of mind when playing online now opt to use cryptocurrencies. This post looks at how cryptos guarantee the safety and security of players at online casinos. How Cryptocurrency Gambling Works There’s a lot of talk ab...

Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan

Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April. Cryptocurrency exchange Coinbase Global (COIN) will soon require its customers in Canada, Japan and Singapore who send cryptocurrency to another financial institution or exchange to provide the name, address and in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will take effect in early April in order to comply with local travel rules in those places. Coinbase didn't immediately respond to requests for additional comment on the moves, but confirmed that they were taking place. The move does not seem to be going over well with Coinbase customers in those countries, who value the anonymity of transactions using cryptocurrency. According to a FAQ provided by Coinbase , for Canadian users, ...

Farm GRASS earn MONEY

Use your Unused Internet Bandwidth to make $$$ In today’s interconnected world, the concept of passive income has taken on new dimensions, offering innovative ways for individuals to monetize underutilized assets. One such groundbreaking avenue involves earning money by selling your unused internet connection. By participating in decentralized networks like Grass, individuals have the opportunity to turn their dormant bandwidth into a valuable asset, contributing to a fairer and more equitable digital landscape while generating income. Grass is a decentralized network sharing application designed to offer an alternative to existing centralized networks. It allows users to sell their unused bandwidth directly, without the need for exploitative middlemen. The platform operates by enabling users to download a web extension that runs in the background, assisting others in accessing public web data in exchange for payment using the protocol’s native token. How ...

Crypto Ethone

Search This Blog