The Pizza Guys in Business Bay introduced the scheme last week and has already handled two Bitcoin payments.
When customers want to pay via Bitcoin, the server will convert the dirham amount to Bitcoins using their smartphone “wallet” application, which then produces a QR code.
The customer then scans the QR code using his or her own smartphone, equipped with the same Bitcoin virtual wallet software, and the transaction is complete.
The restaurant is then able to receive dirhams for their Bitcoin by using an online exchange service.
The virtual wallet apps are only available on Android phones. Apple’s App Store no longer supports the software.
A vegetarian pizza, usually costing Dh47, was sold last week for 0.034 Bitcoins.
source: http://www.thenational.ae/
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