This press release is also available in Spanish ESPAÑOL.
Church’s Chicken Venezuela has enabled Dash cryptocurrency as an employee salary bonus payment option for part of their office staff as a solution for the lack of infrastructure for payments in the country. After a three month test 97% of test users approved the system.
"It has been studied that in Venezuela, over sixty percent of all transactions are completed in Dollars, but the migration to this currency has brought new problems such as the lack of smaller banknotes. This creates a problem for store management, as they cannot offer change; and a problem to users, who must spend more than they intended. These problems are solved by migrating to digital cash, because payments can be made in exact amounts, at the same time there is improvement in the speed of cashout. With Dash in the hands of people, they can use fast and inexpensive digital cash at the thousands of locations that currently accept Dash throughout the country.”
Ryan Taylor, Dash Core Group CEO
“This program has served as a solution for us, because it involves a simple payroll process due to its ease of use, and it is beneficial to our team members to receive payments with Dash. We were the first major chain to accept Dash in Venezuela, and we are pleased to work with the Dash teams in implementing this payroll solution.”
Leidimar Amundaraín, Human Resources Director at Church's Chicken Venezuela
Contact Information: For press and media inquiries please contact the Dash press team at [email protected] We look forward to hearing from you.
Communications and Business Relations Manager at Dash
All the latest Dash graphics and logos are made available to you in our media kit.
Dash is digital cash designed to offer financial freedom to everyone. Dash allows millions of individuals across the globe to carry out instantly re-spendable and secure transactions, with near-zero fees. Built to support real-life use cases, Dash is the leading decentralized payment solution: it is accepted at merchants globally, accessible via 3,300+ ATMs and 100+ exchanges worldwide. Dash has pioneered groundbreaking features including a two-tier network with incentivized nodes and decentralized project governance (Masternodes), instantly settled payments (InstantSend), instantly immutable blockchain (ChainLocks) and more. The Dash Network’s development is supported by Dash Core Group, the largest organization funded by the Dash Treasury, which supports and nurtures the continued worldwide development and integration of Dash. For more information, visit https://www.dash.org/ or follow the organization on Twitter @DashPay.
We are an international fast food franchise globally known to offer the crunchiest and tastiest chicken. Talking about Church’s Chicken means bringing the best crunch to your palate. Our main value is family love, and that’s why our slogan promotes sharing of our products with family and your loved ones. In Church’s Chicken Venezuela and in the rest of the world “Good things are always shared.”