American sandwich chain, Quiznos will trial accepting cryptocurrency through its partnership with Bakkt.
Quiznos customers will soon be able to pay for their favourite sandwiches with bitcoin.
The sandwich chain is working with digital asset company Bakkt to test the payments at some locations, making Quiznos one of the largest American restaurant companies to start accepting cryptocurrency.
Beginning later this month, customers can buy bitcoin with the Bakkt app and then use the cryptocurrency to pay for their food at seven Quiznos locations in the Denver area, including the site at Denver International Airport. As a reward, users will also get $15 worth of bitcoin.
If the initial test goes well, bitcoin could be implemented in any of the chain’s 255 US locations.
Cryptocurrency is slowly making its way into restaurants, as bitcoin and its brethren become more mainstream.
Tech supplier NCR announced it will procure LibertyX, a company that allows restaurants to accept crypto payments, as well as buy and sell coins. Most restaurant’s in Landry’s hospitality group plan to accept bitcoin, and Starbucks customers can already use Bakkt to top up their loyalty cards by converting bitcoin into dollars.
However, the number of restaurants actually accepting cryptocurrency sits at one percent, and only four percent expect to accept it within the next two years.