PEY: The 3D-Printed Bitcoin Payment Terminal For Retailers
Entrepreneur, Ricardo Ferrer Rivero has developed a working prototype of a 3D-printed bitcoin payment terminal called PEY. The PEY terminal uses iBeacon technology, so that users who have the PEY app installed on their phone, will receive a push notification informing them that a local retailer accepts bitcoin payments. Rivero's inspiration behind creating PEY was to make it even easier for customers to pay with bitcoin. With a single swipe from their home screen, the PEY app will load and is ready to complete the transaction. The PEY terminal transmits payment information via NFC, or the....
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Entrepreneur, Ricardo Ferrer Rivero has developed a working prototype of a 3D-printed Bitcoin payment terminal called PEY. The PEY terminal uses iBeacon technology, so that users who have the PEY app installed on their phone, will receive a push notification informing them that a local retailer accepts Bitcoin payments. Rivero's inspiration behind creating PEY was to make it even easier for customers to pay with Bitcoin. With a single swipe from their home screen, the PEY app will load and is ready to complete a transaction. The PEY terminal transmits payment information via NFC, or the....
By combining hacked cellphones and 3D-printed casings, a startup based in Hannover, Germany, has developed a working bitcoin point-of-sale (POS) terminal called PEY. The PEY terminal is being offered for free to local merchants to encourage the use of bitcoin as a means of payment, while bypassing the high fees imposed on German traders by credit and debit card companies. PEY has also created its own wallet app for iOS and Android to work in conjunction with the terminals. The app, which has been downloaded 150 times in the last month, is available worldwide (except China) but as it works....
Ever since Amsterdam started its very own Bitcoin City initiative, merchants have been chomping at the bit to be a part of the Bitcoin revolution in the capital of the Netherlands. Even though the Amsterdam Bitcoin City initiative only started in November 2014, 24 merchants have signed up so far and are now all accepting Bitcoin payments. One of the reasons why this initiative is so successful is the partnership between Bitstraat and BitPay. Bitstraat allows retailers to accept Bitcoin payments in a fast and professional way, all payments are converted to Euro and there are no fees....
The point-of-sale bitcoin payment terminal CoinKite has been talking about has surely piqued the interest of many. It's designed to allow merchants to easily take bitcoin payments, and is just generally cool. The company has now posted a video demonstrating the payment terminal, and you'll find some pretty interesting features. Ability to scan QR codes, see exchange rates, make vouchers, and much more. When a customer inserts their CoinKite card, they too are presented with features, such as verifying their payment, deposit/withdrawing funds, and more. Take a look for yourself at the....
Bitcoin cryptobanking service Coinkite has today revealed a brand-spanking-new payment point-of-sale terminal that accepts, well, Bitcoin. Not only that, the terminal also accepts Litecoin as well. It would like a traditional credit card terminal would, allowing customers to purchase goods without the need for a mobile phone or computer. A QR code reader reads Bitcoin addresses, and voila. The built-in receipt printer then prints QR codes and relevant transaction information. In addition, the terminal accepts Coinkite debit cards. The device has Wi-Fi and world GSM connectivity built in,....