Payment Alliance adds Bitcoin to cash capabilities

Wednesday 25 November 2020 12:33 CET | News

Payment Alliance International (PAI) has teamed up with B4U Financial (B4U), a cryptocurrency services provider, to serve liquidity needs of the growing cryptocurrency market.

Payment Alliance International (PAI) is a US-based privately-held provider of ATMs, offering ATM portfolio management tools and services, including transaction processing, bank sponsorship, maintenance, cash-in-transit (CIT) servicing and PAI Reports for more than 95,000 ATMs.

PAI’s nationwide fleet of ATMs will be equipped with BitLoad4U functionalities, including redeeming Bitcoin for cash at ATMs using any cryptocurrency mobile wallet. B4U Financial’s global processing network will be used to manage authorisation, clearing and settlement, providing a way to liquidate bitcoin into fiat currency and receive funds at ATMs.

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Keywords: Payment Alliance International, PAI, B4U Financial, B4U, cryptocurrency, cash, Bitcoin, ATM, partnership, US
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: United States
This article is part of category

Blockchain & Cryptocurrencies