ATM deployers using the Digital Network Solutions TRANSACT processing platform can offer Bitcoin sales on their ATMs in March
Digital Network Solutions (DNS), a leading US ATM transaction processing service provider, is pleased to announce it has certified the Just.Cash cryptocurrency program. Starting in March, independent ATM deployers (IADs) will be able to offer redemption of Bitcoin for cash as well as sell Bitcoin, using debit on their ATMs. IADs using Hyosung X-10 side car can also sell Bitcoin with cash.
“With the US market saturated, it’s vital IADs be able to offer new services that differentiate them from the competition and increase profit margin,” says DNS President John Willmon. “What attracted us to Just.Cash is the fact it is a super flexible program that will allow our IADs to do that and more.”
Latest Fintech News: Open Banking Market to Hit 131.3 Billion By 2028 Thanks To Rising Preference For Digital Payments Globally
“We’re pleased to offer our customers this new service and look forward to our operators implementing Just.Cash’s cardless transactions, which will allow IADs to move into new markets,” Willmon continues. “We are committed to providing our customers with every advantage to increase transactions and earn more profit.”
Recently recapitalized by a group of investors led by the Heller Capital Group, Just.Cash offers Bitcoin sales at the ATM via debit card or, with cash using a side car. Plus, Just.Cash-enabled machines also have the ability to allow ATM users to turn their crypto into cash. Additional functionality includes cardless transactions IADs can leverage to lower cash costs and risk for cash-based businesses.
“We’re super excited to be able to offer DNS customers our cutting-edge, fully compliant software to enhance their offerings, expand their business and increase profit margins,” said Just.Cash General Manager Kirk Barrett.
“One of the biggest benefits of using Just.Cash is that it can be remotely enabled on any DNS terminal so IADs can immediately start earning additional income from their ATMs without having to make a site visit. And ATM operators won’t need to wait long to see the difference as we have begun investing heavily in online advertising to drive traffic to their terminals,” Barrett continues.
Just.Cash delivers the industry’s fastest transaction times – 40 seconds to buy Bitcoin and just 36 seconds on average to cash out. “It’s also super easy for ATM users. There is no need for customers to download apps, set up a wallet or get pre-approved because their Bitcoin purchase is printed directly on the receipt. The consumer simply scans the universal QR code on the receipt to add it to any Bitcoin wallet,” says Barrett.
Latest Fintech News: Temenos Launches Next-Generation AI-Driven Corporate Lending to Help Banks Tap Global Corporate Credit Growth
“But perhaps the biggest benefit to our customers is Just.Cash’s Flex-Fees™ system, which allows IADs to choose how much they want to charge,” Willmon said. “This is a huge win for our customers. Fees can be set at the same rate across the entire fleet or changed remotely anytime on just a handful of high-performing ATMs.”
“Certifying Just.Cash is another example of our commitment to helping our IAD customers grow their businesses with the latest technology, differentiating their fleet from the competition and providing them with the tools to unlock new profitability,” Willmon continues.
Just Cash’s Bitcoin services are currently available on Hyosung SE class (C or V versions 06.02.02 or higher) and all Triton retail ATMs.
Latest Fintech News: nCino Announces Chief Financial Officer Transition
[To share your insights with us, please write to sghosh@martechseries.com]
