Over 100K Bticoin ATM's in U.S
Posted by BANKUS on November 21st 2018
Based on a partnership with Genmega ATMs will now offer debit card Bitcoin purchases from any Genmega cash machine in the U.S. This update is the first of its kind in the United States. There are over 2,300 BTC ATMs in the country and with this new partnership over 100,000 cash machines can offer as BTC ATMs.
Co-founder and CEO, Chris Yim, said: "We have been working tirelessly to make it easier to buy cryptocurrencies for the last five years and now are bringing simplicity, convenience and trust to the cryptocurrency purchasing experience through the timeless ATM."
One main benefit of this development is the how simple it makes purchase Bitcoin. Most people familiar with a cash machine should find it very easy to buy Bitcoin from a regular ATM using LibertyX interface.
Genmega senior vice president, Wes Dunn, added: "ATM operators are always looking for ways to grow volume and transactions. We are excited to work with LibertyX on this new initiative that will drive additional foot-traffic to merchant locations and provide added revenue to our operators ‒ ensuring they stay ahead of the market and bring added value to consumers."
This is another example of how rapidly the cryptocurrency payment platform is growing. It is quite possible to image similar upgrades in the near future such as point-of-sale devices (POS) and other retail money outlets.
Dubai recently partnered with Pundi X to allow residents to pay their bills, school fees, and retail payments via XPOS devices using emCash — the state-backed cryptocurrency. Pundi X also plans to expand the reach of its legacy XPOS devices to other places in the world.