KFC Accepts Cryptocurrency in Venezuela
This week, KFC, an American fast food restaurant, will begin accepting payments in Dash in Venezuela. Alejandro Echeverría, the co-founder of Dash Help, Dash Merchant Venezuela and Dash Text, has been working with KFC for the past three months to bring the partnership to fruition, Forbes reports.
The restaurant that will initially be rolling out this operation is located in Caracas, the capital of Venezuela, more specifically in the Chacao Municipality, before the chain expands to 24 other locations in the South American country.
KFC is not the only well-known food chain that accepts DASH as a form of payment. In the video below, Echevarria pays for Subway sandwiches using DASH, and the transaction is confirmed quickly.
According to DiscoverDash, there are already 2,445 merchants accepting Dash in Venezuela. The DASH cryptocurrency holds the 16th place on CoinMarketCap.
It is noteworthy that back in September, Dash Text, a wallet service enabling Dash transactions via SMS message, has launched its public beta in Venezuela. The service operates Dash wallets by SMS-based commands, sent to a five-digit shortcode similar to those used in popular SMS voting.