Burger King in Paris introduces mobile charging service that accepts cryptocurrency payments
Burger King in Paris installs Instpower
It became clear on the 27th that Burger King in Paris installed an electronic device charging terminal “Instpower” that accepts cryptocurrency (virtual currency) payments at its stores.
Founded in Singapore in 2018, Instpower provides chargers for smartphones, PCs, electronic cigarettes, etc. in partnership with mobile charger manufacturers Anker and Sunwoda.
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In 2019, Instpower began supporting cryptocurrency payments in partnership with exchange service Alchemy Pay. In 2021, Alchemy Pay partnered with major cryptocurrency exchange Binance, making it possible to pay with Binance Pay on Instpower.
Burger King generally has a franchise agreement for each country or region. Until now, Burger King in each country has individually announced initiatives related to virtual currency. In November 2021, Burger King announced a campaign to distribute virtual currency to customers in partnership with investment app Robinhood.
connection:US Burger King partners with Robinhood to provide 1st prize 20 BTC and 2nd prize 200 ETH for membership measures
Instpower and cryptocurrencies
Currently, Instpower is installed in more than 14,000 hotels, restaurants, bars, airports and other places frequented by travelers in 13 countries around the world. Until now, it has been popular mainly in Asia, but recently it is strengthening its expansion in Europe.
Yann Phu, CEO of Flash Development, Instpower’s European distributor, said:
The collaboration with Burger King in Paris has taken the business to the next level in Europe. Alchemy Pay will power cryptocurrency payments via Binance Pay, thus providing cutting-edge payment options to Europeans.
Alchemy Pay supports payments in 173 countries, including Visa, Mastercard, Apple Pay, Google Pay, local mobile wallets and bank transfers. Supports withdrawals in over 50 fiat currencies.
Until February 2021, Binance Pay provided only a P2P format transaction function that allows you to send and receive virtual currency to friends and family, but from March 2021, payment functions at retail stores will be available. incorporated. At retail stores around the world that have introduced Binance Pay, cryptocurrency payments are now possible without the need for usage fees.
In June 2010, through a tie-up with British travel platform Splyt, it became possible to pay for various services such as ride-hailing and food delivery in virtual currency.
connection:Linking with various services such as Binance Pay and ride-hailing
The post Burger King in Paris introduces mobile charging service that accepts cryptocurrency payments appeared first on Our Bitcoin News.
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