Topic: [2015-05-13] CTUK: Boden Park Coffee Co. Belfast Now Accepting & Selling Bitcoin (Read 374 times)

While there are already online businesses based in Northern Ireland accepting Bitcoin, we have only recently had our first brick and mortar based company announce that it accepts the digital currency for its products. This will hopefully be like the stone that’s thrown into the sea and will cause a ripple effect throughout the province.

Boden Park Coffee Company based on the corner of the Ormeau bakery building on the Ormeau Road has a remarkably forward thinking owner. They saw Bitcoin and the potential it has for businesses in reducing credit card fees, eliminating fraud, chargebacks and double spending, all of which has a direct financial impact on a business’s profits.

With twenty five per cent of their customer base using a credit card to pay for their goods at a charge of between 2% and 4% to the merchant I find it fascinating that more small businesses aren’t jumping at the chance to sign up and accept Bitcoin.

Then with banks now charging for businesses to lodge cash deposits the costs in dealing with traditional currencies is becoming more and more expensive.

The owner Orla McKeating seems to have been well aware of the digital era we have zoomed into at the speed of light from the beginning with her business, and has the coffee shop adapted accordingly.

There is free Wi-Fi available and all seating areas have USB docks fitted to keep your smart phone or tablet fully charged, so you can work away online while drinking from their delicious selection of coffee and indulging in one of the freshly baked food products, all of which have a first class rating on sites such as Tripadviser.

They are not only the first brick and mortar business to accept Bitcoin, but are also the owners of the first exchange terminal in Northern Ireland that lets those wanting to purchase some Bitcoin able to do so in as simple a manner as sending a text message.

http://cointelegraph.uk/news/114234/boden-park-coffee-co-belfast-now-accepting-selling-bitcoin