Deloitte Internal Restaurant Accepts Bitcoin

Big Four accounting firm Deloitte is accepting payments in bitcoin at its internal restaurant, Bistro 1858, in Toronto.

Since installing a BTM in the fall of 2016, Deloitte’s Toronto office claims tremendous adoption and understanding of the cryptocurrency and its underlying technology, blockchain.

“By allowing individuals to buy and sell bitcoin with our BTM, and now to buy their lunch with bitcoin, we’re demonstrating that the blockchain experience for the front-end user is not all that complicated,” said Deloitte strategy leader Iliana Oris Valiente. “What is important to realize, however, is that the back-end technology has fundamentally changed.”

Delotte has partnered with Benchmark Hospitality to operate Bistro 1858 and incorporate digital currency payments with their point-of-sale (PoS) systems and procedures. BitPay was chosen as the processor of bitcoin payments.

“We’re excited to see a leading company like Deloitte exploring the possibilities with bitcoin payments,” said BitPay CEO, Stephen Pair. “We hope this test case will show users on a small scale what bitcoin can do for online payments and what BitPay is doing for businesses transferring value globally.”