Cryptocurrencies are gaining global acceptance and are more applicable to real-world use and can be used to pay for physical services. This article lists 10 restaurant chains that accept cryptocurrencies.
Did you know that you can now use cryptocurrencies to pay for your favorite beverages as well as your meals? Does that sound odd to you? However, this is not the case, as there are some restaurant chains that accept crypto payments for their services.
Despite this, one key obstacle that troubles people who are interested in investing in cryptocurrencies is the debatably low levels of acceptance that cryptocurrencies now have.
However, contrary to the widespread notion, payments made using cryptocurrencies can be accepted in restaurants and other public places, and there are ways to make payments using cryptocurrencies at restaurants and other public places. Restaurant businesses are increasingly adopting the practice of accepting cryptocurrency payments.
Why restaurants accept cryptocurrency payments
There are many reasons to accept cryptocurrency payments for restaurants, including security and adaptability. There are many causes for this, including;
- Unlike credit cards issued by banks, cryptocurrency can be used globally.
- Transactions with cryptocurrencies are lightning-fast and only take a few seconds.
- Due to the permissionless nature of blockchains, no one can revoke or freeze the cryptocurrency addresses of restaurants.
- Transactions using cryptocurrency are private and untraceable, allowing diners to keep their anonymity.
- Transaction fees for cryptocurrencies are quite minimal.
Top 10 Restaurant chains that accept crypto
Transactions made in restaurants are compatible with the usage of cryptocurrency as a form of payment. The usage of blockchain technology can also serve the purpose of storing information such as the preferences of customers, addresses, receipts, orders, and many other types of data.
The framework of blockchain technology can also be used for risk analysis, product-market fit analysis, customer happiness research, customer feedback research, and market competitiveness analysis. In light of the dynamic nature of the operation, let us investigate several eateries that are willing to accept cryptocurrency as payment.
Despite the fact that many dining establishments continue to accept payments through more conventional means, a growing number of restaurants are beginning to accept cryptocurrencies as a form of payment, some of them include;
- Pizza Hut
- Burger King
- Starbucks
- Quiznos
- H-Town Donuts
- La sirene
- Bitcoin Coffee
- Crazy Italians
- Safari Comedor
- KFC
Pizza Hut
Like many other multinational corporations, Pizza Hut offers franchise opportunities to entrepreneurs in different parts of the world. The Venezuelan branch of the corporation announced its acceptance of Bitcoin in 2020.
However, the pizza shop around the corner doesn’t sell them that way. Instead, it employs CryptoBuyer, a Panamanian firm with a foothold in the Latin American market and a suite of POS services it offers to local businesses.
Pizza lovers in Venezuela may now use their Bitcoin to buy pizza and the rest of the chain’s wares. Pizza Hut Venezuela’s decision is understandable given the recent instability of the national currency, which has resulted in hyperinflation.
Some Venezuelans may view the recent price swings in Bitcoin as inconsequential under the current economic climate. That’s why Pizza Hut Venezuela’s acceptance of Bitcoin as payment is such a compelling example of how cryptocurrencies might be useful when traditional currencies collapse. Other countries citizens don’t have it so well because they can’t buy their go-to pizza with Bitcoin. However, consumers can use Bitcoin to purchase gift cards to utilize in the meantime.
Burger King
Among restaurant chains that accept crypto as payment, Burger King is not left out. The decision by the German franchise of Burger King to accept Bitcoin as payment for orders marked the beginning of BK’s involvement with the cryptocurrency. In 2019, it happened again.
Yet, before that, their Russian counterparts had made attempts to adopt Bitcoin. WhopperCoin, their own digital currency, was launched as a promotional incentive for customers to use while purchasing their food. However, the currency failed to catch on and was discontinued soon after its introduction.
In recent news, Burger King Brazil said they would begin accepting Dogecoin. The Brazilian Burger King location accepts Dogecoin just for the “Dogpper,” a treat that Burger King introduced to the menu a few years ago specifically for dogs.
Starbucks
Bitcoin is officially accepted at Starbucks, the global coffee company. It was carried out with the use of a payment app called SPEDN by Flexa, which makes use of the Flexa payment gateway. Gemini Dollar, Bitcoin, Ether, Litecoin, Bitcoin Cash, and other cryptocurrencies can be used instantly at establishments selling high-quality drinks and snacks.
Bakkt App, a wallet that enables users to store their crypto assets and use them to top off gift cards or pay with crypto using a virtual Visa card, is another company that Starbucks has worked with.
The payment system boasts growing compatibility with additional coinage and dining establishments. Even though it’s not a direct method of payment, Starbucks’ acceptance of Bitcoin and other cryptocurrencies is a tremendous milestone for the industry.
If cryptocurrency continues to grow at its current rate of popularity, Starbucks may begin taking Bitcoin as a direct form of payment in the near future.
Quiznos
Quiznos is also part of the restaurant chains that accept crypto as payment. Sandwiches at Quiznos are guaranteed to have original flavors that are created using only the freshest ingredients. At Quiznos, you can always find traditional sub sandwiches on the menu. This is a product that the firm has been selling ever since it first opened its doors in 1981.
Quiznos’ menu is pretty comparable to that of Subway, however, the chain takes cryptocurrency purchases in the same way as Starbucks does. In particular, Quiznos collaborates with Bakkt as part of its business model. Using the Bakkt App, customers will have the ability to pay with bitcoin when purchasing items from Quiznos.
H-Town Donuts
Houston, Texas is home to a restaurant called H-Town Donuts, which is run by a family. Donuts, kolaches, tacos, croissants, and biscuits are just some of the other types of baked goods that can be found at this establishment.
It is an excellent location from which to choose either breakfast or brunch.
The fact that H-Town Donuts would take various cryptocurrencies as payment is the finest thing about this establishment.
There is also the option to place an order and pay for it online before picking up the food on the spot. Because the business is such a strong advocate for Ravencoin, customers can use this cryptocurrency to pay for a box of freshly baked doughnuts if they so choose.
The eatery even has plans to distribute non-fungible tokens (NFTs) based on donuts via the Ravencoin platform. In the not-too-distant future, the owners of these NFTs will be granted access to the rewards program run by H-Town Donuts. H-Town Donuts does, however, take Bitcoin as well as a number of other cryptocurrencies in addition to Ravencoin.
La sirene
More than a dozen different cryptocurrencies may be used to make payments at La Sirene, making it one of the restaurants that have been the most progressive in its adoption of cryptocurrency. One of them is Bitcoin, but the Uniswap token is also considered to be one of them.
You can pay for your magnificent and delectable dinner at La Sirene using a variety of cryptocurrencies, including Cardano, Ethereum, Neo, Tezos, XRP, and even Monero if you are being very cautious today. In a nutshell, La Sirene is the ideal location for cryptocurrency investors who are looking for a taste of France in the center of New York City.
Bitcoin Coffee
This is a coffee shop in Prague, Czech Republic, that also functions as a working place. The Bitcoin coffee shop, true to its name, is the only one in the world that primarily acknowledges Bitcoin as a form of payment. To purchase a cup of freshly brewed coffee at the office working area, the only currency accepted is Bitcoin tokens.
Crazy Italians
The restaurant known as Crazy Italians, which is located in Memphis, Tennessee, is undeniably a spot that is successful in providing authentic Italian fare at pricing that is reasonable. In addition to an amazing menu, the restaurant is noteworthy for featuring Bitcoin payments.
Safari Comedor
Still on the restaurant chains that accept crypto, the Mexican eatery known as Safari Comedor may be found in the city of Tulum. The goal of Safari Comedor is to create an environment that is unlike any other for its guests by exposing them to the traditions, culture, and warm hospitality of the country and the surrounding area.
The menu at the restaurant provides a wide variety of options available to choose from. Bitcoin is an acceptable form of payment at Safari Comedor, which serves delectable food and drinks and welcomes crypto aficionados of all stripes.
KFC
KFC Canada is now accepting payments in Bitcoin in return for a product called the “Bitcoin Bucket.” The payments were handled by the company using BitPay, and the bucket will be shipped to the customer’s address.
Conclusion
Given the length of time cryptocurrency has been around and its widespread use, this is a noteworthy accomplishment on any given day. At today’s eateries, you can choose from a variety of different payment methods that accept cryptocurrencies. Even in smaller towns, you can typically find at least one restaurant chain or one individual eatery that accepts Bitcoin as a form of payment.
