BankLine expanded its portfolio of Crypto-friendly banks offering Provisional Posting – enabling overnight availability of funds for Crypto ATM operators.
BankLine continues its commitment to the Crypto ATM industry by increasing partnerships with Crypto-friendly banks while expanding its comprehensive services.
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Protecting Clients From Bank Discontinuance
BankLine’s unique position as the only provider of multiple Crypto-friendly bank options under one roof affords its clients security against bank discontinuance, while its wide range of services supports their ability to scale in new directions.
By adding additional bank partners, BankLine ensures redundancy for its clients.
Transforming Services
Provisional Posting software provides Crypto ATM operators access to funds received for each day’s sales activity the following morning by 9:00 a.m. ET, giving BankLine’s partner banks and Crypto ATM operators a distinct advantage.
Overnight availability of funds transforms the Crypto ATM industry, allowing BankLine’s Crypto ATM operators to reduce or eliminate the need for lending lines and related interest charges, creating a more self-reliant path toward corporate expansion.
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Bank-Centric Solutions
Provisional Posting LLC’s patent-pending software, developed by banking veterans, provides financial institutions with a robust set of back office reconciliation tools, automated CTR reporting, and complete visibility of the cash cycle, greatly enhancing efficiencies.
Provisional Posting LLC’s software is engineered to be compatible with Genesis Coin, General Bytes, Bitaccess, zzBit and other customized Crypto ATM software solutions.
Steve Bessen, BankLine’s Director of Sales, is quoted as saying: “BankLine’s focus on providing a bank-centric solution meets all of the reconciliation demands required by the banks’ back office. This attention to detail allows BankLine’s partner banks to confidently offer overnight availability of funds to Crypto ATM operators, distancing themselves from banks that do not provide competitive service. BankLine continues to expand Provisional Posting to additional bank partners. Clearly, Provisional Posting is the future of the Crypto ATM industry.”
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