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Fast Food Giant McDonald’s Started Accepting Bitcoin Payments in El Salvador

September 7, 2021
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Fast Food Giant McDonald’s Started Accepting Bitcoin Payments in El Salvador

Surprisingly, McDonald’s in El Salvador already can and is willing to accept Bitcoin payments, according to a report by Bitcoin Magazine on Tuesday.

The company has made an effort to integrate OpenNode lightning payments into its services, allowing all customers to buy food from a McDonald’s in El Salvador using the lightning network by scanning a paper receipt with a QR code from their phone.

Julie Landrum, Head of Growth for OpenNode stated that they were incredibly excited to work with McDonald’s to help make the adoption of the country’s Bitcoin Law an operational success.

He further noted that it is a massive opportunity to show the power of the Lightning Network for everyday high volume, low-value purchases at the most popular and successful fast-food chain in the world.

The partnership of OpenNode with McDonald’s delivered a payment solution in a timely manner. The Bitcoin native Chivo app downloads in El Salvador but is temporarily unavailable due to a surge in demand.

Every El Salvadoran in the country has or will soon be able to use $30 of Bitcoin given to them via Chivo. It is still uncertain whether other major US companies in El Salvador, such as Nike and Walmart, will enable Bitcoin payments.

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