Lavu & Verifone Team up to Allow Crypto Payments in Restaurants Across 65 Countries

Lavu, a global restaurant software platform headquartered in the United States, is collaborating with Verifone to bring cryptocurrency payments to 65 countries. Verifone has enabled mobile payments in more than 150 countries with over 35 million payment devices installed. The initial solution will involve Lavu’s tablet based point of sale (PoS) and Verifone’s e285 mobile device.

Clients of select restaurants will be able to choose from Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Dogecoin (DOGE) and stablecoins Tether (USDT) and USD Coin (USDC) payment options, and the companies have worked to make the payment process as simple as possible:

  1. Firstly, choose the desired amount to pay in crypto via the terminal.
  2. Secondly, complete the transaction on your smartphone.

More Methods, Less Contact

The mutual point of sale (PoS) solution should bring a wider choice of modern payment options, even beyond crypto. Thanks to the collaboration, hungry people all around the world will be able to pay using PayPal, Klarna, Swish, Vipps and WeChat Pay. “Our partnership with Verifone advances our mission to help even more restaurants reach new customers and remain profitable during an increasingly challenging time”, explains Saleem S. Khatri, CEO of Lavu.

Khatri also admitted there is huge demand for cardless payments. Ultimately, people have gotten used to contactless and other forms of flexible payment methods during the COVID-19 crisis, which has led to public interest in crypto and other digital payment solutions being significantly greater.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Tadas Klimasevskis

Tadas Klimasevskis is an author & reporter, focusing on the latest tendencies of the crypto galaxy. Tadas spends his time digging deeper into specific areas like coins such as Shiba Inu (SHIB) & Dogecoin (DOGE), music NFTs, sports NFTs, digital art, and Pop culture in Web 3.0. Tadas strongly believes in crypto as disruptive innovation and keeps an eye out for new crypto hubs being developed around the globe. His vast experience in social media lets him quickly spot what’s going on in the mercurial world of crypto and deliver stories with unique spins. He has been active in blockchain and cryptocurrencies since 2019.