BTC funds coming to sure Quiznos outlets, due to Bakkt collaboration


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

Clients will be capable to pay in BTC at sure Quiznos outlets 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 might be obtainable at choose Quiznos areas throughout the Denver market, together with the high-traffic Denver airport location, beginning in mid-August,” the assertion stated.

People will be capable to pay with Bitcoin through 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, stated in an announcement:

“Partnering with an modern platform corresponding to Bakkt is interesting to us for a lot of causes, primarily as a result of it permits us to simply accept bitcoin straight on the level of sale as a part of a fast and seamless transaction […] As we proceed our digital transformation journey and reply to cellular and millennial client demand for various and cryptocurrency cost choices, we’re excited to supply yet one more accessible approach for patrons to purchase a meal, on this case, by means of 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 simply accept bitcoin funds from customers whereas nonetheless benefiting from a cash-settled expertise,” the assertion stated. The assertion was not clear on whether or not or not Quiznos would promote the acquired BTC immediately.

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