Burger King now accepts Bitcoin and cryptocurrency payments at its restaurants in Paris. This, by offering its customers the use of Instapower battery rental machines, which accept cryptocurrency payments through the payment services Alchemy Pay and Binance Pay.
This announcement is a milestone for the fast food company and the use of cryptocurrencies as payment for goods and services.
Burger King is catching up with Instapower and Alchemy Pay
Flash Development CEO Yann Phu is delighted that his company’s products are now available in Paris: “This collaboration with Burger King in Paris has reached the next level with new operations in Europe.”
In Paris 🇫🇷, the global fast-food chain #BurgerKing 🍔, has installed the popular #Instpower power bank rental machines that accept crypto payments facilitated by crypto payment providers, #AlchemyPay and #BinancePay.
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 27, 2023
Travelers often use Instapower’s shared batteries to charge their mobile devices while traveling. The borderless nature of cryptocurrency makes it a suitable payment option for these shared batteries.
In 2019, Alchemy Pay introduced the first hybrid payment solution for physical and virtual traders. This, in order to facilitate the acceptance of cryptocurrency payments.
Nearly two million companies from more than seventy countries participated in the fiat-crypto payment acceptance system in 2021.
It is worth noting that last year, food industry giants KFC, Taco Bell, and Pizza Hut introduced NFTs and trademarks in the metaverse in March.
This, following in the footsteps of their competitor, McDonald’s, which dedicated itself to exploring the metauniverse. For its part, Burger King has already offered free cryptocurrencies.
Soon, the brand could very well offer to pay for its food in cryptocurrencies at a later date.
France is on the rise with cryptocurrencies
Burger King in turn joins the list of companies that have adopted cryptocurrencies for their transactions. France seems to be becoming a popular destination for cryptocurrencies.
This, due to its favorable laws and market growth.
Not only are the headquarters of leading companies such as Binance or Crypto.com setting up shop there, but physical businesses on a day-to-day basis are increasingly accepting cryptocurrencies, such as the Bergère pharmacy in the 10th arrondissement of Paris.
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