BitXatm unveils new merchant-friendly bitcoin ATM

Home » BitXatm unveils new merchant-friendly bitcoin ATM
BitXatm Sumo Pro

BitXatm Sumo Pro

A new bitcoin ATM with point-of-sale functionality by German startup BitXatm was unveiled this week. Named the Sumo Pro, the ATM boasts an easy solution for merchants to would like to integrate bitcoin payments into their existing POS systems through a printable QR code. The ATM also has the ability to work with standard fiat currency, just like a standard POS machine. The machine uses a 17-inch touchscreen interface, and is currently priced at €2,900 (roughly $4,000).

The BitXatm is obviously designed with merchant integration in mind, but it does have the standard one-direction cash-to-bitcoin functionality seen in other, similar bitcoin ATMs. The system isn’t limited to BTC transactions, and BitXatm claims it can easily support other cryptocurrencies. Much like modern POS machines, the Sumo Pro offers a variety of back-end tools for tracking payments and histories. It can also send a variety of SMS notifications to owners.

BitXatm – POS from BitXatm on Vimeo.

If the promotional video is to be believed, the BitXatm system could actually involve less steps than a standard credit card transaction, which could result in significant savings should bitcoin become a more common payment method. The Sumo Pro is also complaint to the same regulations as other ATM and POS machines, as well as the increasingly relevant Know-Your-Customer rules: FCC, CE, RoHS, NIST FIPS 201, NIST SP 800-76, FBI Certified (PIV Single Finger and Mobile ID FAP 20).

New Casinos

Get 180 free spins and up to 5 BTC in bonuses

CasinoMax: 325% match bonus up to $9750 + 25 bonus spins for 7 consecutive days

400% welcome bonus up to $8000. 40x wagering requirement is required prior to your first withdrawl

Great Welcome Slot Bonus!

Claim a HUGE 500% deposit bonus with no maximum with Crypto

use code WELCOME 200 and get up to $10,000 + 100 Free Spins!

© Copyright 2024 The Best Crypto and Bitcoin Casinos and Sports Betting Sites | Bitcoinx
Powered by WordPress | Mercury Theme