Pizza Hut outlets across Venezuela now accept digital assets including Bitcoin (BTC) as a means payment.
The global pizza restaurant franchise has joined Burger King, Intercontinental Hotel, and Traki Stores in accepting BTC across the troubled South American country.
Pizza Hut has partnered with Panamanian crypto exchange Cryptobuyer to facilitate payments for its goods, as a complete lack of faith in the Venezuelan Bolivar has made the currency worthless.
According to a Cryptobuyer press release on Friday 27 November,
‘From today, you can share with your family and pay with cryptocurrencies … in any of the Pizza Hut restaurants in Venezuela.’
Pizza Hut will also be accepting other alt coins including Ethereum (ETH), Litecoin (LTC), Dash (DASH), and stablecoins DAI and USDT as a means of cryptocurrency payments.
Cryptobuyer Promoting Bitcoin Adoption Across Venezuela
CryptoBuyer had partnered with established Venezuelan payment processor Mega Soft earlier this year as the companies started to offer non-bolivar payments for Venezuelans.
The partnership allowed Cryptobuyer to integrate its transaction infrastructure with Mega Soft’s Merchant Server, giving Venezuelan merchants an option of accepting over 100 cryptocurrencies. Read More