Burger King officially approves payments with Bitcoin and other cryptocurrencies in Paris!
This circumstance signifies a vital turning point between the fast food chain and the acceptance of cryptocurrencies as forms of payment.
The advantages of crypto payments in the food industry
Blockchain technology allows quick, safe, and low-cost processing of cryptocurrency payments. People from different countries will particularly benefit from this because they can make transactions to other countries without worrying about expensive fees or currency conversions.
Businesses that adopt this technology are positioned at the forefront of technological advancement. These businesses can benefit from the growing demand for services that support cryptocurrency as the commercial success of cryptocurrencies continues to rise.
By implementing this technology, Burger King is serving a rising community of crypto fans. Moreover, the popular food company presents how cryptocurrencies have the ability to completely change the manner in which we conduct daily transactions. The digital age of payment will keep developing as more companies use them, influencing the course of e-commerce in the future.
Cryptocurrency and the food industry
Burger King implemented Bitcoin payments to its delivery website as well as its mobile app in 2019. Also, Burger King began taking cryptocurrency purchases in 40 eateries in Venezuela in 2020.
Like Burger King, different food companies are considering the usage of cryptocurrencies. For example, Subway started to accept Bitcoin payments in Berlin. With these two popular companies, Starbucks, Domino’s Pizza, KFC Canada, and others are accepting crypto payments in different locations.