Asian Fusion opened up a few weeks ago at 71st and Sheridan.
Joanne Chong owns the restaurant that serves a wide variety of Asian food like Japanese, Thai and Chinese.
The most unique thing about the new place is how you pay for your food. Chong decided just last week to accept bitcoin as payment.
A lot of people aren’t familiar with what exactly a bitcoin is. Basically, it’s a currency that lives exclusively online and is transferred directly from the customer to the business, at least in this case.
Chong showed KRMG how it works. When someone comes in to Asian Fusion, open every day but Sunday, all they have to do to pay with bitcoin is to scan the QR code (see left) on their receipt or straight from the screen.
The ‘money’ is transferred straight into the business’s account as quick as one day. Chong is excited for this new payment method to gain in popularity.
She says bitcoin is much more secure than a credit card. There’s no number, like on a credit or debit card, that can be stolen.
Chong also encourages other businesses to accept the electronic payment method. She says the company only takes 1 percent of the transaction. Credit card companies can take 3 or more percent, so to Chong, this makes perfect business sense.