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BTC funds coming to sure Quiznos retailers, because of Bakkt collaboration



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

Prospects will be capable of pay in BTC at sure Quiznos retailers in Colorado’s capital as a part of an preliminary take a look at run, in accordance to a public assertion on Tuesday. “The pilot can be out there at choose Quiznos places throughout the Denver market, together with the high-traffic Denver airport location, beginning in mid-August,” the assertion mentioned.

People will be capable of 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 revolutionary platform reminiscent of Bakkt is interesting to us for plenty of causes, primarily as a result of it permits us to just accept bitcoin instantly 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 client demand for various and cryptocurrency cost choices, we’re excited to supply one more accessible means for purchasers 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 way of a partnership with Bakkt, retailers and franchisees have the chance to just accept bitcoin funds from customers 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.