Tayyab Shafiq has set up Chai Ada as the first café in London that accept cryptocurrencies for payment and he is excited to be on the forefront of this new payment system. The young Pakistani entrepreneur is now the first in Britain to start a café which accepts multiple cryptocurrencies as a form of payment.
Chai Ada coffee shop is established outside Westfield in Shepherds Bush, West London, that sells a variety of Pakistani and Asian chai, parathas, biryani, kebabs, and rolls.
Shafiq is the same person who had made headlines in the UK when he opened a Biryani café in London using the iconic red phone box. However, this time, Shafiq has now come up with another unique initiative but at a much larger scale.
At his shop, or can be said ‘chai ada’, customers can pay for chai and delicacies using digital currency in the form of classic Bitcoin as well as Ethereum, Bitcoin Cash, XRP, Verge, Litecoin, and Horizen.
Read more: Pakistani entrepreneur opens takeaways in London phone booths
While speaking to the media, Shafiq said he has been impressed by the response within a week of the opening of his café. He said so far about 20% of the payments to him are in bitcoins and other digital currencies.
Shafiq said that he was aware that there are risks involved but, in his view, this is the future. “We have to look into the future. I honestly believe that crypto is the future. It’s here to stay and it’s already working well. It has become a reality. When establishing Chai Ada, I believed that the Crypto, NFT, Metaverse (digital world) are the future and I just wanted to play my little part to encourage the use of cryptocurrency.”
He said: “We have masala chai, elaichi chai, cinnamon chai, while the pink Kashmiri tea is our hottest-selling item. Along with various chais, we do chicken tikka wrap, chicken biryani, seekh kebab wrap,too.”
He added that the samosa and chai is the restaurant’s most-favourite combo. ‘We also do cakes, including red velvet, Lotus Biscoff, and pistachio milk cake which are very popular.”
In the end, he said, “Also, we are opening in Metaverse, which also has never been done before. This Metaverse cafe will be the first one which will allow the visitors to have virtual meetings for professional or personal/entertainment purposes.”