It’s official that, KFC Canada accepts Bitcoin. The Canadian KFC’s website disclosed this limited offer and the opportunity for customers to purchase the Bitcoin bucket which includes 10 original recipe tenders, medium size waffle fries, medium gravy and 2 dips, all for 0.0010305 Bitcoins.
So far, Bitcoin has experienced a turbulent year with the cryptocurrency showing inconsistency by the end of 2017 following its major dip in value.
On the company’s website, it is shown clearly that KFC will only fulfil orders within Canada for a limited time. This does not apply to the rest of the world. It is rumoured that KFC is currently testing the cryptocurrency in stores in South Africa. This move, therefore, means as KFC Canada accepts Bitcoin it now joins numerous retailers and outlets around the world in adopting cryptocurrency as a method of payment.
In September 2017 we witnessed a successful cryptocurrency test as Pick n Pay allowed its customers to use Bitcoin to pay for groceries. The same goes for retailers and two tech companies, Electrum and Luno which allowed their staff to use Bitcoin as a payment method for groceries in Cape Town.
However, this pilot program was only limited to one store and is no longer active. Nevertheless, the pilot program had safe transactions without card frauds and other cash risks. Although Pick n Pay has not pointed out whether or not customers were able to use bitcoin at its stores every day, this depicts cryptocurrencies as potential “game changers for the retail industry”.
As KFC Canada accepts Bitcoin, this could be a good start for KFC accepting other cryptocurrencies as spotted on Twitter in one of the KFC Canada posts given hope for potential usage/tests of other cryptos.
Do you think as KFC Canada accepts Bitcoin, other countries will follow? Let us hear your thoughts in the comments.