Good Morning Vietnam! World’s First Coffee Producer Accepting Bitcoin

International premium gourmet coffee producer Pihatt Coffee has officially begun accepting bitcoin payments on the company’s online store.

Pihatt Coffee, a wholly owned subsidiary of Linker International Corp. has been the prominent provider of authentic and distinctly unique coffee species grown in ancient basaltic mountains of Caudat and Di Linh of Vietnam, including Arabica, Robusta, Excelsa, and Caltimor.

Cultivated at 1,500 meters above sea level, Pihatt Coffee offers premium high-grade Arabica and Catimor coffee beans grown from nutrient-rich soil and perfect temperate climates.

As one of the oldest and respected coffee producers in Vietnam, the company wanted to provide the easiest and most efficient medium of payment for its online customers. The Pihatt team decided to integrate bitcoin into its platform alongside the different types of payment options at its online store.

Pihatt coffee integrated Coinbase’s bitcoin merchant processing API to serve its international customers. Some of the coffee varieties offered by Pihatt Coffee like Excelsa and Catimor coffee are considered to be two of the most valuable and rare types of coffee in the world.

“Excelsa coffee—otherwise known as ‘Chari’ coffee—also yields from the Di Linh region, where special care is taken to harvest these unique beans. Although this variety accounts for only 1% of the world’s coffee production, great use can be made with this selection. Excelsa coffee is naturally bright and fruity with little caffeine,” Pihatt Coffee explains.

While many coffee shops including the Cafe Punta del Ciero, one of Mexico’s largest coffee shop chains have started to accept bitcoin since mid 2014, Pihatt Coffee is the first producer to accept the cryptocurrency as payment.

Vietnam is the second largest coffee producing nation in the world with an output of 1,650,000,000 kilograms in 2014 alone.