More Bitcoin Accepted By Food And Delivery Merchants

in #bitcoin6 years ago

Cryptocurrency gets popular amongst food merchants for you to buy your favorite food with digital cash


Source: pixabay

Pizza delivery portal, pizzaforcoins, is a service based in California where you can order from major chains such as Domino’s, Pizza Hut or Papa John’s. In a recent news on news.bitcoin, pizzaforcoins is partnering with Shapeshift, a leading digital asset exchange operating in Denver, to accept more than 50 other cryptocurrencies.

Market analytics site, Report Consultants, have also released a comprehensive market survey for the Crypto Food Orders Market. Crypto payments for food orders is a potential market for growth. It changes our daily payment habits, moving away on the reliance on physical cash towards payments with greater convenience and portability while traveling.

A list of leading vendors have already been accepting cryptocurrencies:

  • Takeaway.com
  • PizzaForCoins
  • Feast Coin
  • icoforo.com
  • eatfeastly.com
  • levyrestaurants.com
  • lobstergram.com

Source: openPR


Source: shutterstock

In Germany, Berlin-based Lieferando.de which owns 13,000 restaurants, is accepting Bitcoin as payment. According to the dailyhodl,

Online customers can pay with Bitcoin, credit cards, Sofort or PayPal. When paying with Bitcoin, the company says it does not charge any fees, while it costs an additional 6%, to pay with PayPal and credit cards.

It is an added advantage of a no-frills payment service that is winning over traditional "middle man" services. This is a direct reference to PayPal who persistently remained adamant about the existence of Bitcoin. PayPal CEO Dan Schulman has never felt drawn to the crypto technology:

“I have always thought that crypto was more of a reward mechanism for implementing blockchain, as opposed to really a currency.”
Source: blockpublisher

Schulman's predecessor, Bill Harris, also shared similar views about Bitcoin:

"The cult of bitcoin make many claims: that it’s instant, free, scalable, efficient, secure, globally accepted and useful. It is none of those things."

Logically speaking, having to pay 4-5 percent transaction fees to use PayPal's service is simply ridiculous.


Source: pixabay

I am relieved that cryptocurrency will keep us well fed for the least with pizzas as well as donuts. Coinbase's employee showed us how easy it is to purchase donuts using crypto, on a tweet by Airbnb software developer turned Coinbase founder, Brian Arnstrong.

Bitcoin has left me hungry for more.

-tysler

Sort:  

That is the way... very good

Interesting... But with the fluctuations in crypto how do they set the price of a pizza. I'm hoping this could be the future but it still seems a long way off.😎

Posted using Partiko Android

@andyjem, I think the price will be set in the local currency and you pay the equivalent in crypto at the exchange rate prevailing at the time of purchase, which will be calculated by the software automatically.

Sounds reasonable.Thanks 😎

Posted using Partiko Android

This is dope to see.

Posted using Partiko iOS

Great way to increase adoption, because people buy food everyday...

This meal is very good and very interesting. I am very interested in this post I liked your post

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.029
BTC 57475.27
ETH 2375.39
USDT 1.00
SBD 2.34