Popular Hong Kong Resturant, Okra Kitchen Now Accept Cryptocurrencies

[LeziT]

Japanese restaurant Okra Hong Kong has joined a queue of firms that accept cryptocurrencies as a means of payment. The company hopes to benefit its clients by making it easier for them to make payments and providing them with enhanced security.

Okra Kitchen is an extension of Okra 1949 in Beijing, China. The izakaya restaurant located in the Sai Ying Pun neighborhood of Hong Kong focuses on preparing Sakes, charcoal-grilled small plates, and sashimi.

The Japanese restaurant is known to seek opportunities to embrace new technologies and is riding the wave of Coinbase’s public listing on the Nasdaq stock exchange to adopt cryptocurrencies.

Retaining an upfront position in pushing the kitchen industry forward, restaurateur Chef of Okra Hong Kong Max Levy continues to look for technological innovations that will give both guests and restaurant owners more flexible, reasonable, secure, and convenient payment solutions.

In light of its latest move to accept cryptocurrencies as payments, the restaurant now accepts Hong Kong dollar equivalent payments in Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Binance USD (BUSD), and Ripple (XRP).

Customers who visit the restaurant and pay for their meals with cryptocurrencies will receive 5% off of their total bill similar to the standard fees businesses that use credit card payments have to pay. The restaurant will write the menu prices in Hong Kong dollars and the customers will receive a conversion rate before making payment.

Concerning the restaurant’s latest step into the crypto space, Chef Max Levy stated “We have always tried to pivot with the newest technology outside of social media to help offer a better and more rewarding experience for our guests.”

“The evolving world of digital currency and blockchain is something that will benefit not only our industry by saving us high transaction fees from banks and credit card processing companies, but it will soon become a much more beneficial way for our guests to pay,” he continued

In a similar development, the popular American news magazine and publication Time Magazine, through a partnership deal with Crypto.com now accept cryptocurrency payments from clients.

Popular Hong Kong Resturant, Okra Kitchen Now Accept Cryptocurrencies
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[TomPluz]

I am seeing a new wave of interest coming from many business firms to accept cryptocurrencies in their respective business operation and this is a good trend. I am just hoping that a sizable number of transactions can materialize so that the whole thing can be profitable on its own otherwise if there is a lack of business then it might not be worth for any business to go to the hassle of integration. Anyway, a restaurant like Okra can also look into the NFT market as this can be a good source of other type of revenue for them and can also be a good marketing promotion.

[Gravatai]

It seems that soon cryptocurrencies will be accepted everywhere and this will not seem like something unusual. I am amazed at how quickly BNB is developing, I had heard little about it before, and now it is even accepted for payment in a restaurant along with other top coins.