Makes dining easier with Crypto. Customers pay with Crypto, we convert it, and businesses get paid in dollars.
|Category||Food & Beverages|
Quick & small payments, like required in restaurants and bars, are not realistic with Bitcoin/Ethereum due to huge price fluctuations, long transaction times, and high fees. The Bitcoin network simply isn’t ideal for these type of small transactions and the prior knowledge required by the business owner limited its reach to technologically advanced users only. MenuBuzz radically changed this by offering restaurants and bars a simple interface for their diners to order and pay with crypto which is converted and paid into the business’s account in dollars.
With MenuBuzz, customers fund their MENU CryptoWallet with Bitcoin and Ethereum, select what they want to eat or drink, and pay for the orders as per usual. The business owner’s account is credited with dollars so there’s no need for them to understand what a blockchain is to start accepting cryptocurrencies. Exceptionally simple, but powerful in its simplicity.
MenuBuzz accomplishes this through their utility token aptly named MENU. These prepaid MENU Tokens have an intrinsic value that doesn’t fluctuate (USD 5 cents each), payment times are near instantaneous, and the customer pays no additional fees when making a payment. MENU Tokens are vouchers redeemable for food & beverages via the MenuBuzz website. Similar to digital gift cards, MENU Tokens are prepaid and can be exchanged or gifted to anyone else. Customers can deposit Bitcoin/Ethereum and withdraw their converted crypto funds to their private wallet anytime.