NCR Atleos Launches LibertyX Bitcoin Cashout Feature

Author

Slice of Finance Team
06 Sep

Key Highlights:

  • LibertyX users can now sell bitcoin and pick up cash at participating ATMs.

  • New feature accessible at thousands of merchant locations nationwide.

  • ReadyCode API suite enables seamless transactions without cards or traditional networks.

  • Available across 30 states, expanding to more regions soon.

Source (Business Wire)

Notable Quotes:

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"One of the remaining barriers to greater bitcoin adoption by consumers has been the ability to move easily and effortlessly from bitcoin to cash without waiting days for transfers facilitated by ACH or dealing with the complexity of wire transfers."

Chris Yim, General Manager at LibertyX
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"Adding an offramp for LibertyX users to convert digital assets to physical cash enhances the value proposition of LibertyX, grows foot traffic at participating merchants, and increases the productivity of our ATMs."

Stuart Mackinnon, COO at Atleos

Our Take:

This new feature from Atleos marks a significant step in bridging the gap between digital and physical finance. By leveraging the ReadyCode API suite, Atleos offers a seamless solution for bitcoin holders to cash out without the traditional delays or complexities associated with wire transfers or ACH. This capability not only enhances user convenience but also positions LibertyX to drive increased traffic to merchant locations while expanding access to cryptocurrency transactions across a growing number of states. The integration of digital assets into everyday financial infrastructure continues to accelerate, and Atleos is at the forefront of this transformation.