Burger King Venezuela has confirmed a new partnership with Cryptobuyer via Instagram. The fast food giant announced to its 124,000 followers that customers can now pay with popular cryptocurrencies including Bitcoin, Ethereum, Litecoin, Dash, Binance Coin, Ethereum and Tether.
Cryptobuyer’s point of sale system is rolling out as a pilot, in an effort to serve all 40 locations nationwide in 2020. The first location is the Burger King at Centro Sambil Caracas, the sixth-largest shopping mall in South America.
According to the announcement by the Dash team,
“Burger King has been training its teams and stores during the past weeks and will slowly roll out Dash payments into all stores in Venezuela, with plans to also accept the other cryptocurrencies in Cryptobuyer’s portfolio.”
Adds Cryptobuyer CEO Jorge Farias,
“The growth of Cryptobuyer in South America, especially in Venezuela, is another example of how this region is ahead of the curve in adopting cryptocurrency as a real method of payment. Venezuela presents a mix of circumstances that make it a perfect place to deploy real-world cryptocurrency solutions – hyperinflation, cash shortages, deteriorated banking and communication infrastructure.
Such factors, in conjunction with the government’s initiative to use cryptocurrency as a payment method, will push use and adoption of these cutting-edge technologies, and we are really proud to lead this push.”