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Author Topic: [2015-08-01] Restaurant Owners Can Greatly Benefit From Bitcoin Payments  (Read 448 times)
tyz
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August 01, 2015, 12:14:36 PM
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It is no secret that digital currency payments offer a huge amount of benefits for small and large businesses.  Instant transactions, lower to no transaction fees, a global payment method and nearly no additional infrastructure is required to set everything up.  Restaurants are a great example of embracing newer technologies, especially if that can help cut overhead costs.

http://digitalmoneytimes.com/crypto-news/restaurant-owners-can-greatly-benefit-bitcoin-payments/

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August 01, 2015, 04:19:19 PM
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Imagine this Bitcoin restaurant :

All tables are against a wall... whole restaurant is build in a circle.... the center area is for entertainment. Every table have a built in touch screen television, where you order

every meal from a digital menu. After the starters... you pay in bitcoin via a displayed QR code on the screen.... and then for the main meal and extras and pudding etc..

Every table has it's own Bitcoin address  Wink

The only time you see a waiter, is when you order something special or when they deliver the food.  Grin Grin Grin

aso118
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August 02, 2015, 04:59:31 AM
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Imagine this Bitcoin restaurant :

All tables are against a wall... whole restaurant is build in a circle.... the center area is for entertainment. Every table have a built in touch screen television, where you order

every meal from a digital menu. After the starters... you pay in bitcoin via a displayed QR code on the screen.... and then for the main meal and extras and pudding etc..

Every table has it's own Bitcoin address  Wink

The only time you see a waiter, is when you order something special or when they deliver the food.  Grin Grin Grin

Sounds a lot like ordering takeaway on the internet to me. Cheesy
Restaurants are like all online stores; they can make a start by accepting bitcoins for online orders. Once they do that, they will realize its advantages and the rest would follow.

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August 02, 2015, 05:39:29 AM
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The problem with restaurants, and businesses in general is that the restaurants have no where to spend the crypto up stream.  No suppliers currently accept it and few if any employee's will want to receive it as pay.  That article is also incorrect pertaining to c/c payments taking 30 days?  They are deposited in a day or two and business owners should not have a problem getting an average monthly rate under 3%.

Besides payments, a blockchain could be used as a reward system similar to say https://www.springrewards.com/  There are blockchains that allow user issued assets which a restaurant or business could issue reward points based on a customers bill.  Even easier would be if the customer paid in crpyto to automate this process.
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