KFC Venezuela Denies Accepting Dash Payments

General Manager KFC Venezuela, Antonio Sampayo, denied a recent announcement of the adoption of Altcoin Dash (DASH), a cryptographic media in the Spanish language, Criptonoticias, released on Monday, December 10.

Sampayo explained that KFC had talked about a cryptographic test with Dasho, but the contract not yet completed. He also said that processing Dash's payment "is not a fact, no publication on this subject is allowed."

On Friday, December 7, Director of Public Relations DashNews and Media Director Mark Mason tweeted that KFC Venezuela would begin accepting Dash payments next week.

A video linked to the twitter has signalled that the capital of the country, Caracas, will be the first city to test the encrypted payment system in one of the largest KFC restaurants, followed by 24 other KFC locations across the country.

According to announcements, more than 2400 Venezuelan retailers accept Dash, including other major fast-food chains such as Subway and Papa John's. According to Forbes' recent report, Alejandro Echeverría, co-founder of Dash Help, Dash Merchant Venezuela and Dash Text, Venezuelans use Dash because it offers a simple payment method. He also said that small family businesses mostly use cryptography before expanding into larger companies.

In August, Dash Core Group president and CEO Ryan Taylor found Venezuela was the second largest Dash market, with nearly a hundred dealers each week accepting a cryptocurrency.

In early 2018, KFC Canada introduced a new menu item called "Bitcoin Bucket", which can be purchased exclusively with Bitcoin (BTC).


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