Payments Giant NCR Acquiring Libertyx to Offer Complete Crypto Solution – Bitcoin News

Bitcoin.com

NCR Corp., a global leader in ATM software applications, has announced that it is acquiring Libertyx, the crypto company that claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.”

NCR Acquires Libertyx

NCR Corp. (NYSE: NCR), a leading enterprise technology provider, announced Monday “a definitive agreement to acquire Libertyx, a leading cryptocurrency software provider.”

How To Get Free Crypto  

Libertyx claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.” Its software runs on ATMs, kiosks, and point-of-sale (POS) systems, allowing customers to buy BTC at more than 20K retail stores and 9,500 traditional ATMs.

NCR’s website states that the company is the number one “global provider of multi-vendor ATM software applications and middleware” and “the world’s #1 ATM brand,” with more than 650K ATMs installed globally. The company also claims that more than 15 million consumers are using its digital banking solution. NCR’s products are distributed in 141 countries. Research firm RBR ranks NCR as the largest provider of point-of-sale software to grocery and other retail stores globally, with a 45% market share.

Tim Vanderham, NCR’s chief technology officer, commented:

Due to growing consumer demand, our customers require a complete digital currency solution, including the ability to buy and sell cryptocurrency, conduct cross-border remittance and accept digital currency payments across digital and physical channels. The Libertyx solution will accelerate our ability to rapidly deliver these capabilities to the market.

“Moving forward, NCR will offer the Libertyx capabilities as part of its solutions for banks, retailers and restaurants. NCR’s digital wallet and mobile applications will provide these capabilities across NCR’s physical and digital touchpoints,” the announcement details.

While the financial terms of the transaction have not been disclosed, the transaction is expected to close later this year, subject to customary closing conditions, including obtaining certain regulatory licensing consents and approvals.

Coinbase Banner  

In June, New York Digital Investment Group (NYDIG) announced a collaboration with NCR to allow 650 banks and credit unions in the U.S. to offer bitcoin trading to their customers through their mobile applications.

What do you think about NCR acquiring Libertyx? Let us know in the comments section below.

Tags in this story

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Read disclaimer

Go to Source
Author: Kevin Helms


Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.