The upcoming collaboration between Bakkt and Quiznos will allow customers to use Bitcoin to pay for meals in certain locations (Bitcoin).
As part of the initial trial run, customers will be able to pay in BTC at certain Quiznos stores in the capital of Colorado. according to A public statement was issued on Tuesday. The statement said: “Starting from mid-August, the pilot will be available at specific Quiznos locations in the Denver market, including locations at Denver Airport with high traffic.”
People will be able to pay with Bitcoin through Bakkt’s app-a multifunctional center for holding and spending Bitcoin, as well as managing reward points and other functions. Quiznos is owned by REGO Restaurant Group. REGO President Mark Lohmann said in a statement:
“Working with innovative platforms such as Bakkt is very attractive to us for many reasons, mainly because it allows us to accept Bitcoin directly at the point of sale as part of a fast and seamless transaction. […] As we continue our journey of digital transformation and respond to mobile and millennial consumers’ demand for alternative and cryptocurrency payment options, we are happy to provide customers with another convenient way to dine. In this case, through Bakkt digital asset wallet. “
Test runs also bring additional benefits. If Quiznos viewers get the Bakkt app, buy some BTC on it, and then spend the BTC at participating Quiznos stores, they will receive $15 in free bitcoin, the statement includes.
The statement said: “Through the cooperation with Bakkt, merchants and franchisees have the opportunity to accept consumer bitcoin payments, while still benefiting from the cash settlement experience.” The statement is not clear whether Quiznos will immediately sell the received BTC.
Cointelegraph contacted Bakkt for comments, but did not receive a timely response.