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Boosting Business With Bitcoin ATMs

Machines, Locations, Cash, Renard, National, Business, Atms, Digital, Stores, Bitcoin1 min read

Retailers are incorporating specialized ATMs in their stores to stay ahead of the curve with bitcoin and other cryptocurrency platforms on the rise. Traditional ATMs with the ability to purchase cryptocurrency and take up less floorspace are gaining traction. At the bitcoin ATMs, customers use cash to purchase $20 to $12,500 worth of bitcoin per day and send it to their digital wallet or create a new paper wallet. The National ATM Council is looking to start a national program with digital currency ATMs. The question for retailers is the type of regulations that will surface from federal, state and local authorities, said Bruce Renard, executive director at The National ATMs Council. Traditional cash management methods are elevated with advancing technology. Some retailers are using cash. Source

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