30 Jul '14, 11am

CoinSafe Releases ‘Virtual Bitcoin ATM’ Apps for Merchants

CoinSafe Releases ‘Virtual Bitcoin ATM’ Apps for Merchants

US-based company CoinSafe says its new mobile and desktop apps can turn any local business into a ‘bitcoin ATM’, or face-to-face bitcoin exchange. The CoinSafe apps are free to use and allow businesses to trade bitcoins directly with walk-in customers. After registering their business name for inclusion in CoinSafe’s directory, owners then link the app to a Blockchain , Coinbase or Bitstamp account and can start trading bitcoins face-to-face. CoinSafe says the software is “designed to be used by someone who has no idea what bitcoin is”, and that a staff member merely needs to confirm that funds have been received before releasing the payout amount in either bitcoin or cash. The apps are HTML5-based, so are able to run on any device or platform a business might have on hand. CoinSafe says, when designing the apps, it focused on simplicity for the uninitiated user, and that ...

Full article: http://www.coindesk.com/coinsafe-releases-virtual-bitcoin...

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