FAT Brands Allows Bitcoin for Franchisee Payments
- FAT Brands franchisees can now pay royalty payments in Bitcoin.
- The company operates over 2,300 locations worldwide under 18 franchise concepts.
- Bitcoin payments aim to streamline and simplify the payment process.
- International franchisees, operating over 20% of restaurants, may benefit from this shift.
- FAT Brands has not yet implemented Bitcoin for customer purchases at its restaurants.
FAT Brands has introduced Bitcoin as a payment option for franchisee royalty fees, enhancing financial innovation across its global network of over 2,300 locations. The move is particularly beneficial for international franchisees who manage more than 20% of the company’s restaurants.
Source (2.6)https://decrypt.co/313408/why-fat-brands-restaurants-embracing-bitcoin?rand=52368
