Korean Hyosung, a multi-billion dollar conglomerate involved in ATM manufacturing has announced it will now offer Bitcoin buying support on its machines through a partnership with Just Cash.
The Missouri-based mobile company, which offers mobile-based solutions for customers to obtain cash from ATMs, will now allow any Hyosung ATM client to access Bitcoin.
Hyosung describes the option “as a great way to introduce customers to the world of cryptocurrencies” as Bitcoin enjoys increasing popularity and reputation among non-technical consumers worldwide.
Bitcoin purchases will produce a paper receipt with a public and private key, with funds accessible via scanning a QR code.
Bitcoin ATMs have developed thick and fast this year, with a spotlight on the US where several operators are vying for supremacy in what is still a market at the start of its journey.
At the same time, often outlandish growth predictions by ATM businesses jar with the still low patronage by Bitcoin users.