Burger King to Accept ... - page 3. | Bitcointalksearch.org

Blowtorch

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Quote from: kna on June 28, 2017, 10:58:47 AM

Russian Burger King restaurants are due to start accepting Bitcoin as a payment method this summer, reports state on Wednesday.

According to local news resources, a Moscow branch of the burger chain has started piloting Bitcoin payments, with officials now confirming a nationwide rollout.

Uznay Vse states the unnamed branch accepted a Bitcoin transaction on Tuesday this week, which represents “the first official reports of Bitcoin payments for goods and services in Russia.”

Burger King has also begun the hunt for an IT professional able to implement the relevant software.

“Several programs need to be written which will allow restaurant tills to speak to the Android and iOS apps and allow customers to pay with cryptocurrency,” Uznay Vse continues.

Russia is becoming an increasingly pro-crypto environment this year, with Finance Ministry deputy Alexey Moiseev saying this week that such currencies may be legally traded on exchanges if subject to “appropriate regulations.”

Source : https://cointelegraph.com/news/burger-king-to-accept-bitcoin-in-russia-this-summer

I think they are making a very wise move here. You see that the exchange rate always changes.

vh

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It will work well with pre-order and pickup. Someone should pitch the idea to Starbucks.

Peregrines

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Quote from: kna on June 28, 2017, 10:58:47 AM

Russian Burger King restaurants are due to start accepting Bitcoin as a payment method this summer, reports state on Wednesday.

According to local news resources, a Moscow branch of the burger chain has started piloting Bitcoin payments, with officials now confirming a nationwide rollout.

Uznay Vse states the unnamed branch accepted a Bitcoin transaction on Tuesday this week, which represents “the first official reports of Bitcoin payments for goods and services in Russia.”

Burger King has also begun the hunt for an IT professional able to implement the relevant software.

“Several programs need to be written which will allow restaurant tills to speak to the Android and iOS apps and allow customers to pay with cryptocurrency,” Uznay Vse continues.

Russia is becoming an increasingly pro-crypto environment this year, with Finance Ministry deputy Alexey Moiseev saying this week that such currencies may be legally traded on exchanges if subject to “appropriate regulations.”

Source : https://cointelegraph.com/news/burger-king-to-accept-bitcoin-in-russia-this-summer

i guess it is not that practical because you would wait the confirmation for every transaction.how can you serve well the customer if it means to wait.

Sithara007

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Quote from: darkangel11 on June 28, 2017, 04:43:15 PM

Also Bitcoin is simply not made for buying street food. A $1 burger with a $1 fee, anyone?

At least until 2016, one of the major advantages with Bitcoin was that it could be used for micro-payments. But this is no longer possible due to the greed of the miners. But there is still a chance that the fees will come down, once SegWit2X could be implemented.

darkangel11

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Quote from: Vishnu.Reang on June 28, 2017, 12:59:46 PM

As usual, more fake news from the Coin Telegraph. 99.99% of the articles being published in that website are fake. It will be great if Burger King accepts Bitcoin. But it is not going to happen in the near future, especially in Russia.

I also find it unlikely, but since Putin got briefed on ETH this year it's possible that Russia's stance will change.

You know what's interesting in the article and what makes it suspicious? Not the news itself, but the way it's manipulated. The only think they're relying upon is a rumor that a Russian BK has started testing BTC payments and the rumor comes from undisclosed "local news resources".
Also Bitcoin is simply not made for buying street food. A $1 burger with a $1 fee, anyone?

Vishnu.Reang

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As usual, more fake news from the Coin Telegraph. 99.99% of the articles being published in that website are fake. It will be great if Burger King accepts Bitcoin. But it is not going to happen in the near future, especially in Russia.

Okurkabinladin

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Quote from: Stavri on June 28, 2017, 11:07:10 AM

I dont think it is practical. It takes long to get confirmation. They could choose an alternative altcoin instead to make transactions faster

They could figure out to use blockchain status as proof of payment. It is visible practically in real time.

Like paper money and gold before it, bitcoin is a currency that allows parties to exchange value. Unlike it predecessors, bitcoin is digital and decentralized. For the first time in history, people can exchange value without intermediaries which translates to greater control of funds and lower fees.

carlisle1

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Quote from: Stavri on June 28, 2017, 11:07:10 AM

I dont think it is practical. It takes long to get confirmation. They could choose an alternative altcoin instead to make transactions faster

valid answer mate, its really taking some time now when transacting using bitcoin and this type of establishment needs to have a faster confirmation
due to the reason of the fluctuation of current value, but its also a good start for more big improvement coming out from this digital currency if BK
will ste forward and succeed more and more businesses like that will follow.

Stavri

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I dont think it is practical. It takes long to get confirmation. They could choose an alternative altcoin instead to make transactions faster

kna

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Russian Burger King restaurants are due to start accepting Bitcoin as a payment method this summer, reports state on Wednesday.

According to local news resources, a Moscow branch of the burger chain has started piloting Bitcoin payments, with officials now confirming a nationwide rollout.

Uznay Vse states the unnamed branch accepted a Bitcoin transaction on Tuesday this week, which represents “the first official reports of Bitcoin payments for goods and services in Russia.”

Burger King has also begun the hunt for an IT professional able to implement the relevant software.

“Several programs need to be written which will allow restaurant tills to speak to the Android and iOS apps and allow customers to pay with cryptocurrency,” Uznay Vse continues.

Russia is becoming an increasingly pro-crypto environment this year, with Finance Ministry deputy Alexey Moiseev saying this week that such currencies may be legally traded on exchanges if subject to “appropriate regulations.”

Source : https://cointelegraph.com/news/burger-king-to-accept-bitcoin-in-russia-this-summer

Topic: Burger King to Accept ... - page 3. (Read 1753 times)