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Pizza Hut Restaurants of Venezuela now Accepts Payments in Cryptocurrencies

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Crypto Business World Follow

INDIA

Dec, 03 2020

Dec, 03 2020

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In Venezuela, all Pizza Hut restaurants have started accepting cryptocurrency payments. Several major stores like Traki, Burger King, Intercontinental Hotel, and many other stores in Venezuela accept cryptocurrencies and now, Pizza Hut is one of them.


CrytoBuyer, a crypto services firm tweeted on November 27 that all Pizza Hut locations in the South American nation have started accepting cryptocurrencies including Bitcoin as a mode of payment for food and drinks.


In order to facilitate crypto payments at more than 20,000 shops and businesses in Venezuela, the crypto firm is collaborating with Mega Soft.

With the use of CryptoBuyer, customers can buy pizza at the stores of Pizza Hut with Litecoin (LTC), Binance Coin (BNB), Tether (USDT), Bitcoin (BTC), Dash (DASH), Binance USD (BUSD), Dai (DAI), Ether (ETH) and its native token XPT.


Restaurants of Pizza Hut are located in Maracay, Barquisimeto, Caracas and Maracaibo. There are three stores in Caracas, they are in EI Sambil, Lider, las Mercedes, EI Recreo and Caurimare.


The residents of Venezuela will be able to pay with cryptocurrencies for the purchase of goods and services was announced by the CryptoBuyer in the month of June.

Previously, it was explained by the CryptoBuyer that the stores that used Merchant Server can accept over 100 cryptocurrencies as the company is in collaboration with the Japanese crypto exchange liquid.


Merchants will have two options when they receive cryptocurrency payments. First, they can convert their cryptocurrency payments into fiat currencies. Second, they can also store their payments received in their accounts.


The first purchase of documented commercial Bitcoin was completed by Laszlo Hanyecz on May 22, 2010, by paying 10,000 BTC, now worth $ 181 million in order to receive two pies from the store of Papa John in the United States from a user of Bitcoin Talk forum.


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