Hyosung America has signed a partnership deal with cash-to-crypto provider DigitalMint that enables Bitcoin (BTC) purchasing across the firm’s 175,000 ATMs located in the U.S.
Apart from offering its own BTC and Litecoin (LTC) payment rails such as ATMs, bank wires and tellers, DigitalMint also provides software API integrations that allow retailers or ATM operators to sell BTC through their machines.
As part of the deal, which was announced on July 12, Hyosung America will add DigitalMint’s crypto buying services to its upcoming API-based app store, which is being built for the firm’s ATMs.
However it will be up to the specific ATM operator to decide whether they want to incorporate DigitalMint’s services or not, which means it is unlikely the majority of Hyosung’s 175,000 ATMs will actually support BTC buying.
The CMO for Hyosung America, Brad Nolan stated the API-based app store will not only offer ATM operators a chance to sell BTC, but also offer a chance to provide a host of new services on them:
Given the scale of Hyosung America’s ATM network, it may provide significant customer exposure for DigitalMint’s services. It is unclear if the duo have plans to launch further collaborations however, considering that DigitalMint offers crypto buying services for just two crypto assets.
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Hyosung America is the North American subsidiary of South Korean firm Hyosung, Inc, and claims that it is the “largest provider of ATMs” in the U.S. The company has not made any notable plays in crypto apart from this, but given that it is working on an API-based app store, more crypto partnerships could
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