University coffee shop accepts Bitcoin
28 August, 2015
category: Dining
A coffee shop at Mexico’s Universidad de las Américas Puebla (UDLAP) is now accepting payments via the digital currency, Bitcoin.
Per a report from NewsBTC, the university enrolls some 8,000 students, and is the first in its region to accept the digital currency. Despite being an early adopter, UDLAP is not the first univeristy to accept Bitcoin as Canada’s Simon Fraser University (SFU), Spain’s Pompeu Fabra University, Georgia Tech and MIT have all experimented with its acceptance.
While there are several online merchants in Mexico that accept Bitcoin payments, a brick-and-mortar shop supporting cryptocurrency transactions is a significant step. The coffee shop’s Bitcoin acceptance was made possible in partnership with Latin American-focused Bitcoin exchange provider Bitso.
Café Punta del Cielo, meanwhile, was founded in 2004 and specializes in the distribution and sale of coffee produced in Mexico. It has operated more than 100 franchises all over Mexico as of 2012 and opened additional locations in Hong Kong, Spain and the U.S.
