- Hyosung America and Digital Mint partners to enable BTC buying across 1750000 ATMs in the U.S. through an app.
- Hyosung America will add Digital Mint crypto services to its upcoming API-based app store.
- API-based app store will also let ATMs host a variety of new services.
According to an announcement on July 12th, Hyosung America has collaborated with Digital Mint. The partnership will enable the purchase of BTC across 1750000 ATMs located in the U.S. For the uninitiated, Digitamint is a crypto-to-crypto provider. It enables BTC & LTC payments and offers software API integrations.Hyosung America will integrate DigitalMint’s crypto buying services to its upcoming API based App. The application is being built for the firm’s ATMs.
However, the ATM operator will have the authority to add DigitalMints services or not. It means that there are high chances that Hyosung’s 175,000 ATMs might not receive BTC buying support. In addition to providing the chance to offer BTC buying services, API-based app stores will also let ATMs host a variety of new services. Brad Nolan, the CMO of Hyosung America shared: Any ATM operator can use their retail software platform to subscribe and download apps such as DigitalMint with the app store. Thus, allowing the ATMs to perform more. For instance, driving new revenue streams for their partnered operators and retailers.
Hyosung America: “Largest Provider of ATMs” In The U.S
Meanwhile, Hyosung America is the North American subsidiary of Hyosung, Inc, a South Korean firm. The firm claims to be the “largest provider of ATMs” in the U.S. Hyosung America’s ATM network is extensive. Hence great for providing customers exposure to DigitalMint’s services. Nonetheless, as of now it can’t be said if both the firms will collaborate in future. Since DigitalMint is offering crypto buying services for just two crypto assets.
In other news, the Coin ATM Radar data shows that currently there are 33,772 Bitcoin ATMs installed in the U.S. The U.S also has the most BTC ATMs in the world. Canada comes in second position with just 2,438 BTC ATMs installed. The total number of Bitcoin ATMs in the world is 38,430.
Source: https://www.thecoinrepublic.com/2022/07/14/hyosung-america-to-enable-btc-buying-for-1750000-atms-in-the-u-s/