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In the letter
- Pizza Hut restaurants in Venezuela now support cryptocurrency payments.
- This is the result of a partnership between Pizza Hut and the crypto payment processor Cryptobuyer.
- The company’s point-of-sale solution supports Bitcoin, Binance Coin, Dash, DAI, Ethereum, Litecoin, Tether and XPT.
The Venezuelan branch of the leading American restaurant chain Pizza Hut has partnered with the crypto-focused Cryptobuyer company 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 cryptocurrency payment options. 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 27th.
Currently, the company’s point of sale (POS) solution, Cryptobuyer Pay, supports payments via Bitcoin, Binance Coin, Dash, DAI, Ethereum, Litecoin, Tether, and XPT (Cryptobuyer token).
“Today the use of technology has become so vital for people who have devices in their daily life. 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 the local outlet. The axiom.
“Pizza Hut today cannot be separated from these technological advances and all those incorporations of new approaches or systems of everyday 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. More than 40,000 businesses in Latin America are reportedly already using the company’s services, including local subsidiaries of Burger King, Samsung and Intercontinental Hotels, as well as Traki, the largest retail chain in Venezuela.
How Decrypt reported in May, Cryptobuyer also has announced a new deal with traditional payment company Megasoft to bring its crypto POS solutions to over 20,000 merchants in Venezuela.
However, a growing number of cryptocurrency-focused companies, such as Bitcoin wallet service provider Xapo and cryptocurrency exchange Paxful, are folding their operations in Venezuela lately. Many of these companies cite economic sanctions imposed by the US government as their main reason turning away on the country.
