Coinkite Terminals Become Mini Bitcoin ATMs
Canada-based Coinkite is doing some pretty interesting things in the bitcoin realm. A prime example: the company today announced that consumers can now begin buying and selling bitcoin with Coinkite terminals beginning today. Coinkite terminals were introduced in Autumn of 2013 and allow merchants to easily accept bitcoin payments from customers, include those carrying Coinkite's own debit card. According to the company, the terminals have two modes: retail and exchange. Retail mode, as you would expect, is used for business operations. The exchange mode operates like a mini-ATM. With....
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CCN just interviewed the first company to market a Bitcoin point of sale (POS) system, Coinkite. Coinkite offers merchants the ability to accept Bitcoin through Coinkite terminals, as well as their own API (Application Programming Interface), which allows merchants to build robust check out systems for everything from online shopping carts to pizza restaurants. For shoppers, Coinkite offers their own Bitcoin debit card. You might remember Coinkite and how easy it is to use, from one of our stories back in January this year. Coinkite has recently revealed an Onion for Tor, as yet another....
Coinkite has made it astonishingly easy to accept and pay using Bitcoins in stores. They have created a system that uses the ordinary merchant terminals, that accepts VISA and Mastercard transaction, to include Bitcoin and Litecoin transactions. It takes probably a few more seconds to pay with Bitcoin or Litecoin on one of the merchant terminals, but Coinkite is into something here. They could manage to lower the "adoption wall" for using Bitcoin as personal payment method. Coinkite makes Bitcoin Purchases so Simple. We have earlier discussed that PayPal might start using Bitcoin in some....
Coinkite is a bitcoin company with a focus on security mixed with ease-of-use. They have an intense passion for multi-signature wallet technology, along with API services for developers, enterprises and users to integrate into their businesses or applications. But what can truly be done with Coinkite’s API? Seeing as the company is known for their secure wallet services, they’ve turned their vault into one of those. As stated in their API documentation, Coinkite is a cryptobank which can serve all your needs for holding and managing cryptocurrencies, such as Bitcoin, Litecoin or Blackcoin.....
Bitcoin debit cards and point of sale terminals are coming to Canada. Two Canadian companies - Coinkite and Virtex - are about to offer them, each taking a different approach. The biggest problem getting a physical merchant to accept bitcoin is probably the interface. A lot of small business retailers like the black box nature of a point of sale system. They can buy it and have it installed without having to know much about it. Understanding the nuances of QR codes, exchange rates and confirmation times is beyond many, as is fiddling with phone- and tablet-based wallets and scanners.....
On January 22, the Czech Bitcoin exchange, WBTCB, launched a new service that will allow Czech residents to buy bitcoin at over 8,000 terminals around the country. After completing three steps, users will be able to have bitcoin in their hands. The ATMs do not require extensive identification documents and allows for anonymous purchases. The transaction is fee is 7%, which is higher than other Bticoin ATMs. According to Czech citizen and Reddit user Kamilosas, the ATMs will vastly improve the Czech Bitcoin economy, despite the high fees.