Australian media recently confirmed that the country’s fast food chain, Kebabs Origin is now accepting crypto payments for kebabs and other items in its menu. Accordingly, with Bitcoin, the firm is also accepting lightning network in connection with Binance’s partly owned Australian travel firm ‘TravelbyBit.
Nevertheless, TravelbyBit has become quite famous after the world’s largest crypto exchange Binance confirms part ownership in it during Oct 2018. TravelbyBit is the Australian based Tourism cryptocurrency-payments startup – nevertheless, Origin Kebab is also based out in Australia.
Origin Kebab has confirmed to accept Bitcoin payments at four Queensland stores which are – Queensland University of Technology (QUT), Westfield Chermside, Broadbeach, and Eagleby. Following the alternative and innovative payment methods, Aussies Kebab lovers can now access to Kebabs, falafel and other menu items using Bitcoin. Besides Bitcoin, the firm is accepting other coins Binance Coin (BNB), Ethereum (ETH) and Litecoin (LTC), the report mentioned along with the integration of Bitcoin lightning Network payments is added advantage for ultra-fast and secure transactions.
‘Australia’s first drive-thru bitcoin restaurants’
However, the four stores are chosen for trial – if the crypto payment test goes uncluttered and seamless, Origin Kebabs will roll similar crypto payments across 49 stores. nevertheless, with a trial period in place, this fast food venture claims itself as ‘Australia’s first drive-thru bitcoin restaurants.
Burhan Goktas who is Origin Kebabs General Manager is quite impressed with the way Bitcoin works and excited with the integration.
“Within 40 minutes of installing it (in Chermside) we’d made a sale on Bitcoin,” said Goktas adding the upcoming potential sponsorship with Coca-Cola.
He further adds that;
“If we can get someone like Coca-Cola on board it just adds to the credibility of cryptocurrency,” Goktas said. “We’d encourage other major chains in the country to trial it to help further adoption. Jump on board!”
Moreover, TravelbyBit, till date counts network around 400 retail locations. As a crypto proponent, TravelbyBit founder and CEO Caleb Yeoh assert that lightening network is the perfect for fast-food user cases as fast food must be done as quick as lightning network. Yeoh adds that;
“You can pay with Bitcoin, it’s instant and there are almost no fees,” he said. “It’s only for low-value amounts, so if you look at kebab prices, that’s exactly what Lightning is for.”
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.