All Pizza Hut Locations Accept Cryptocurrencies in Venezuela

All Pizza Hut locations in Venezuela now accept a broad range of cryptocurrencies, including bitcoin, via the payment platform Cryptobuyer. Pizza Hut joins Burger King, Intercontinental Hotel, Traki, and several other major stores in Venezuela that accept bitcoin.

Pizza Hut Accepts Bitcoin

Cryptobuyer announced on Friday that all Pizza Hut restaurants in Venezuela now accept cryptocurrencies, including bitcoin. The company wrote:

From today, you can share with your family and pay with cryptocurrencies … in any of the Pizza Hut restaurants in Venezuela.

The announcement adds that among the cryptocurrencies accepted at Pizza Hut are bitcoin, ethereum, dash, litecoin, binance coin, tether, DAI, and Cryptobuyer’s native token, XPT. It further adds that Pizza Hut restaurants are located in Caracas, Maracay, Maracaibo, and Barquisimeto. There are three locations in Caracas — in El Sambil, El Recreo, Líder, Caurimare, and las Mercedes.

In June, Cryptobuyer announced that Venezuelans will be able to pay for goods and services with cryptocurrencies in more than 20,000 stores throughout the country. This is made possible through the integration of “Cyptobuyer Pay” into Mega Soft’s “Merchant Server” platform. Mega Soft is a large payment processor in Venezuela, with an average of 18 million transactions processed per month.

Cryptobuyer previously explained that stores using Merchant Server have the ability to accept over 100 cryptocurrencies due to the company’s alliance with the Japanese crypto exchange Liquid.

Merchants can choose to either automatically settle their cryptocurrency payments in fiat currencies or keep the coins stored in their accounts. Among stores that are currently using Cryptobuyer Pay are Burger King, Intercontinental Hotel, and Traki, the largest department store chain in Venezuela.

What do you think about Pizza Hut accepting cryptocurrencies? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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(Excerpt) Read more Here | 2020-11-28 03:16:33
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