Coinhub said it recently secured placement of its Bitcoin ATMs at more than 1,000 gas stations and stores. Parthenon Capital announced it has closed on its $415 million acquisition of Pavilion Payments, previously known as Global Payments Gaming Solutions. The deal was announced in February. Global Payments will continue to process for Pavilion. …
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Crypto a Prime Criminal Target; Finastra Preps for Real-Time Payments; Bitcoin Depot Adds More ATMs
Bitcoin Depot Adds More ATMs And Other Digital Transactions News briefs from 3/21/23
Lux Vending LLC, which does business as Bitcoin ATM operator Bitcoin Depot Inc., has agreed to deploy its machines in 125 locations owned by convenience-store chain GetGo Cafe + Market. Overall, Bitcoin Depot operates approximately 7,000 machines in 48 states and 10 Canadian provinces. Digital-currency provider Circle Internet Financial LLC said it has …
Read More »Bankers’ Bank in Real-Time Move; NCR Nabs Walgreens ATM Boost; PayJunction Readies A2A Integration
NCR Expands Its ATM Service With Walgreens To Include Almost All Stores
NCR Corp. has expanded its agreement with Walgreens Co. to provide ATM services to nearly all Walgreens stores in the United States, the District of Columbia, and Puerto Rico. NCR already provides ATM services to an unspecified number of Walgreens locations through its Allpoint ATM network. Walgreens operates 9,021 stores …
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Durbin’s Bill Gains House Sponsors, More on Crypto ATMs, Second Thoughts On Gun Code
How Crashing Crypto Values And Government Scrutiny Sent Crypto ATMs Into a Slump
Deployment of cryptocurrency ATMs in 2022 significantly lags the pace seen last year, and one factor hastening the slowdown is increased regulatory scrutiny, sources say. Crypto ATMs are specialized kiosks that allow consumers to purchase Bitcoin and other cryptocurrencies using cash or a debit card. Increasingly, regulators in several countries …
Read More »Usio’s BNPL Gambit; Crypto ATMs Cool off; The UK Fends off Fraud
As The Value of Crypto Plummets, So Do Installations of Crypto ATMs
After riding a strong growth wave in 2021, installations of specialized ATMs that allow users to convert their local currencies, such as the U.S. dollar, into cryptocurrencies have cooled off considerably in 2022. Through August, just 5,000 cryptocurrency ATMs have been installed globally this year, bringing the total to more …
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