A newly opened Dubai-based Cafe, “Bake N More”, becomes the latest company to accept Shiba Inu (SHIB) as a means of payment, alongside other popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Mixin (XIN), and Dogecoin (DOGE) through the Mixin Network.
Major milestone achieved
What this announcement means for their customers is that they can now buy anything from the Bake N More bistro and pay with their cryptocurrency without having to pay any extra transaction fees.
Bake N More has become the first cafe in Dubai to accept digital currency as a means of payment after announcing on 29th March 2022. This will also give the customers a wide range of payment options, as they can pay with either cash, card or cryptocurrency.
In a conversation with one of the popular news outlets in the Emirates, Khaleej Times, Mohammad Al Hammadi, the CEO of the cafe, stated,
“Many people are coming and using cryptocurrency as a mode of payment. It has been a good experience. More than ten transactions took place in the first two days of accepting cryptocurrencies. The acceptance level is very high.”
The Mixin Network
According to Meng Chan Shu, Global Ambassador of Mixin Network, “Mixin messenger is not just a normal chatting app, it is also a decentralized crypto-wallet connected to 41 public chains with more than 2 billion USD under asset. It is also lightning fast in transferring tokens and has never been successfully hacked in the last four years.” He said that Mixin Network is a free, super-fast decentralised network for transferring digital assets.
The Mixin Network is free and fast, making it a viable option for a business like Bake N More to leverage the unique opportunities in the digital assets space while satisfying their increasing customer base.
The cafe currently sells freshly prepared all-day breakfast, brewed coffee, bread, baked goods, salads, and unique sandwiches.