Tagged: atms

Cashless Payments Have Become Popular, But Demand for Cash Still Strong in Rural and Unbanked Communities: Report

Cashless or digital payments have become increasingly popular, however, cash still remains a widely-used payment method in most nations, especially in rural communities and jurisdictions with a large unbanked population. Following many years of steady growth, the total number of cash withdrawals made via ATMs… Read More

Bank of America Files Patent For Blockchain-Powered ATMs

Bank of America (BoA) has officially filed a new patent for its blockchain-powered ATMs. According to the patent, which was notably filed on December 25th (Christmas Day), the cash handling device will be able to utilize blockchain technology and/or other secure communications technology to facilitate operations. It was… Read More

Coinsource Launches Five Bitcoin ATMs in Phoenix

Coinsource, a bitcoin ATM network, announced on Monday it launched five new machines in Phoenix Metropolitan Area, marking its first venture into Arizona. According to the company, the bulk installation caps off a strong first and second quarter, with it installing 50 machines so far… Read More

Send this to a friend