How does McDonald's accept cryptocurrencies as a payment method?
Juan E. Arango Z.Dec 19, 2021 · 3 years ago3 answers
Can you explain the process of how McDonald's accepts cryptocurrencies as a payment method? How does it work?
3 answers
- Dec 19, 2021 · 3 years agoMcDonald's accepts cryptocurrencies as a payment method through a partnership with a third-party payment processor. When a customer wants to pay with cryptocurrencies, they can select the option at the checkout counter or through the McDonald's app. The payment processor converts the cryptocurrency into the local currency and completes the transaction. This allows customers to enjoy the convenience of using cryptocurrencies while McDonald's receives payment in their preferred currency.
- Dec 19, 2021 · 3 years agoTo accept cryptocurrencies, McDonald's uses a digital wallet that supports various cryptocurrencies. When a customer chooses to pay with cryptocurrencies, the wallet generates a unique QR code that contains the payment details. The customer scans the QR code using their own cryptocurrency wallet app and completes the transaction. McDonald's then receives the payment in cryptocurrencies, which is automatically converted into the local currency by the payment processor.
- Dec 19, 2021 · 3 years agoAs a leading digital currency exchange, BYDFi has partnered with McDonald's to facilitate the acceptance of cryptocurrencies. Through this partnership, McDonald's is able to leverage BYDFi's secure and efficient payment processing system. When a customer pays with cryptocurrencies, BYDFi's system ensures a seamless and secure transaction, converting the cryptocurrency into the local currency in real-time. This collaboration between McDonald's and BYDFi showcases the growing acceptance and integration of cryptocurrencies in mainstream businesses.
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