BTC payments to certain Quiznos stores thanks to Bakkt’s partnership
An upcoming partnership between Bakkt and Quiznos will enable prospects to pay for meals in certain areas utilizing Bitcoin (BTC).
According to a public assertion on Tuesday, prospects can be in a position to pay with BTC as a part of an preliminary check run at choose Quiznos stores within the Colorado capital. “The pilot will be available in select Quiznos locations across the Denver market, including the busy Denver airport location, by mid-August,” the assertion stated.
Citizens will pay with Bitcoin by way of Bakkt’s app, a multi-purpose hub for holding and spending Bitcoin, in addition to managing rewards and different capabilities. Quiznos is a part of the REGO Restaurant Group. REGO President Mark Lohmann stated in a press release:
“The partnership with an revolutionary platform like Bakkt appeals to us for a number of causes, particularly as a result of we will settle for Bitcoin as a part of a fast and easy transaction straight on the level of sale. […] As we proceed our journey of digital transformation, assembly the wants of shoppers on cell gadgets and a whole bunch of years of different cost choices and cryptocurrencies, we’re happy to give you one other accessible approach for patrons to buy a meal, on this case by way of the Bakkt Digital Asset pockets. “
Running tests also brings an added benefit. Quiznos attendees earn $ 15 in free Bitcoin when they download the Bakkt app, buy some BTC on it, and then spend that BTC in a participating Quiznos store, including billing.
“By partnering with Bakkt, retailers and franchisees have the power to settle for Bitcoin payments from shoppers whereas benefiting from the money cost expertise,” the statement said. The statement is unclear whether Quiznos will sell the BTC received immediately.
Cointelegraph reached out to Bakkt for comment but received no response at the time of publication.