• Paying for Taco Bell with Dogecoin (DOGE) may become a reality soon

  • When you go to Taco Bell the next time, you might be able to pay with the popular meme coin, Dogecoin, or other popular large-cap cryptocurrencies.

    Verifone and BitPay collaborate on cryptocurrency payment machines.

    According to the report, BitPay Inc., a leading cryptocurrency payment processor, is collaborating with Verifone, one of the largest providers of payment processing machines that accept credit cards or Venmo at checkout lines, to enable crypto payment through the machines.

    According to a joint statement, the newest Verifone machines will support various crypto tokens and wallets by the end of the year.

    Many merchants who have refused to accept crypto assets as a payment option for their products have always cited concerns about the industry’s volatility.

    With the new development in mind, BitPay has revealed that it will look to better protect those who accept digital assets by ensuring that the fiat value of the crypto is paid promptly into the merchant bank account immediately after a transaction is completed.

    In an interview, Verifone’s chief executive officer, Mike Pulli, stated that the partnership is aimed at providing consumers with more options when it comes to making payments for goods and services.

    “We don’t care if they buy a pizza with Visa, AmEx, or cryptocurrency,” he says. We simply want to give them the option of paying how they want.”

    BitPay’s CEO, Stephen Pair, on the other hand, stated that the partnership is proof of the crypto industry’s growth.

    We’ve always thought it was only a matter of time before people expected to be able to pay with cryptocurrency in the same way they do with Mastercard and Visa.

    It’s worth noting that this collaboration would make Verifone one of the most recent companies looking for ways to simplify crypto payments and drive mass adoption.

    Twitter’s millions of users were only recently introduced to Bitcoin tipping. Similarly, PayPal, a fintech company, has been relentless in its pursuit of ways to simplify crypto access for its users.

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