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

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

Prospects will have the ability to pay in BTC at sure Quiznos outlets in Colorado’s capital as a part of an preliminary check run, according to a public assertion on Tuesday. “The pilot will likely be out there at choose Quiznos areas throughout the Denver market, together with the high-traffic Denver airport location, beginning in mid-August,” the assertion stated.

Of us will have the ability 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 progressive platform resembling Bakkt is interesting to us for various 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 cell and millennial shopper demand for different and cryptocurrency cost choices, we’re excited to supply one more accessible means for patrons to purchase a meal, on this case, via the Bakkt digital asset pockets.”

The check run comes with an additional perk as nicely. 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 taking part Quiznos store, the assertion included.

“Via 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 straight away.

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