Burger King in Russia plans to accept payments in Bitcoin this summer.
According to the regional news channel, Uznay Vse, a Russian Burger King located in Moscow, has begun to test the bitcoin payments for food and beverage purchases. The option of using the decentralized currency at Burger King locations in Russia is expected to spread through some more restaurants in the country in late summer.
Bitcoin in Russia has grown in popularity, and the country's government authorities are expected to officially recognize and regulate the cryptonnet in the near future. Now according to reports, Dmitri Medovoy, CEO of Burger King Russia, says the fast food franchise is looking for a developer to install bitcoin payment processing software for Burgerking.ru restaurant cash registers and applications.
"The company plans to announce the winner of the software development tender that will allow us to accept bitcoins," said the managing director of Burger King. "The contractor will have to develop solutions for Burgerking.ru, mobile applications for Android and iOS, and cash registers in R-keeper,"
"Burger King Russia will begin accepting Bitcoin in 2017. This decision was made due to the success of the cryptonnet."
Medovoy has decided to make Burger King a "market leader" in Russia by planning the expansion of more restaurants in the Siberia region. Currently, the Burger King franchise only has stores in Yekaterinburg, St. Petersburg and Moscow. Uznay Vse detailed that Burger King Russia accepting bitcoin payments is one of the first initial steps towards the main commercial services accepting crypton coins in the country.
"Burger King is watching the new trends closely, so we decided to launch this project. The payments for the criptomonedas are the immediate future, "explains Medovoy.
Burger King's announcement follows recent remarks by Russia's Deputy Finance Minister Alexey Moiseev on the introduction of regulatory guidelines for the purchase of cryptones. In addition, Russia's central bank has been working on a proposal to classify bitcoin as a digital asset for tax purposes. The Russian Burger King will not be the only Burger King fast food franchise to accept bitcoin, as a restaurant in the Dutch city of Arnhem also accepts the criptomoneda for food services.
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