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

The restaurant customers 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).

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.

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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.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.