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.
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