Saturday, October 16, 2021

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An upcoming collaboration between Bakkt and Quiznos will permit clients to pay for meals at sure places with Bitcoin (BTC).

Clients will have the ability to pay in BTC at sure Quiznos outlets in Colorado’s capital as a part of an preliminary take a look at run, according to a public assertion on Tuesday. “The pilot will likely be obtainable at choose Quiznos places throughout the Denver market, together with the high-traffic Denver airport location, beginning in mid-August,” the assertion mentioned.

Of us will have the ability to pay with Bitcoin by way of Bakkt’s app — a flexible hub for holding and spending Bitcoin, in addition to managing reward factors and different options. Quiznos is owned by REGO Restaurant Group. REGO’s president, Mark Lohmann, mentioned in a press release:

“Partnering with an modern platform similar to Bakkt is interesting to us for numerous causes, primarily as a result of it permits us to just accept bitcoin immediately on the level of sale as a part of a fast and seamless transaction […] As we proceed our digital transformation journey and reply to cell and millennial shopper demand for various and cryptocurrency fee choices, we’re excited to supply yet one more accessible means for patrons to purchase a meal, on this case, via the Bakkt digital asset pockets.”

The take a look at run comes with an additional perk as effectively. Quiznos goers will earn $15 of free Bitcoin in the event that they get Bakkt’s app, buy some BTC on it after which spend that BTC at a collaborating Quiznos store, the assertion included.

“By a partnership with Bakkt, retailers and franchisees have the chance to just accept bitcoin funds from shoppers whereas nonetheless benefiting from a cash-settled expertise,” the assertion mentioned. The assertion was not clear on whether or not or not Quiznos would promote the obtained BTC immediately.

Cointelegraph reached out to Bakkt for remark however didn’t obtain a response in time for publication.