Pizza Hut Accepts Crypto As A Form Of Payment For Food And Drinks In Venezuela

Pizza Hut, the famous US-based pizza chain, has announced that now it is accepting crypto as a form of payment for food and drinks in Venezuela.

It has been reported by a tweet from crypto services firm CryptoBuyer that the move follows the crypto firm partnering with Mega Soft to drive adoption in Venezuela by facilitating crypto payments at more than 20,000 shops and businesses.

Richard ElKhouri, the General Director for Venezuelan operations of the pizza chain, said:

“Pizza Hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities. It is important that we accommodate young people, modern adults, and people technologically knowledgeable.”

However, by using CryptoBuyer, customers can purchase pizza at the restaurant chain with Bitcoin (BTC), Litecoin (LTC), Dash (DASH), Binance Coin (BNB), Binance USD (BUSD), Ether (ETH), Tether (USDT), Dai (DAI), and its native token XPT.

Pizza Hut has locations in the capital, Caracas, as well in the cities of Maracay, Maracaibo and Barquisimeto.

.@Cryptobuyer has partnered with the US-based pizza chain and has begun accepting nine cryptocurrencies as a form of payment for cheesy pies — and it won't cost 10,000 Bitcoin — Cointelegraph (@Cointelegraph) November 29, 2020

Cryptobuyer, based in Panama, is a cryptocurrency merchant gateway startup that also runs Bitcoin ATMs across Central and South America.

The firm has already opened popular companies for crypto payments, including US-based fast-food chains like Burger King, the Tamanaco Intercontinental Hotel in Caracas, and Traki, the largest chain of retail stores in the country.

Thus, Bitcoin’s beginnings go hand-in-hand with the American staple dish, as the first documented commercial purchase using the cryptocurrency was an order for two pizzas.

Source: Cointelegraph

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