NCR, the global leader in consumer transaction technologies, is to bring bitcoin payments to the high street by integrating support for the crypto-currency via its Silver iPOD point-of-sale device for small business owners. The NCR Silver™ cloud-based point-of-sale (POS) system for small businesses such as retail shops, cafes and food trucks will offer merchants the ability to accept bitcoins as payment, according to a press release.
Bitcoin support, which will be integrated with NCR Silver by the end of 2014, will be free to merchants. After registering with a bitcoin processor, all merchants have to do is activate bitcoin as a payment option in the POS back office within NCR Silver. Consumers, meanwhile, pay using a mobile bitcoin “wallet” app which is available in either the Apple App StoreSM or Google PlayTM store.
Reggie Kimble, NCR Small Business director of business development, said one of the biggest reasons why Bitcoin integration was added was to offer merchants more flexibility. “Gone are the days when cash and cards were the only payment options available to customers shopping at small businesses,” Kimble said. “Offering bitcoin as a payment alternative allows small businesses the flexibility they need to better serve their growing number of customers who prefer digital payment solutions.”
In recent months, NCR Silver has launched in-store PayPal payments and mobile pay ahead capability.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
