US cash machine company ATM is partnering with cryptocurrency exchange CoinHub to allow customers in the UAE to make cash withdrawals from their bitcoin accounts. The technology was demonstrated by ATM last year to mark the 50th anniversary of the NCR, and the positive reaction persuaded them to introduce it commercially. Customers will make the transactions in the usual way, authenticating themselves either using their card or mobile device and opting to withdraw from their linked CoinHub cryptocurrency account.
US cash machine company NCR is partnering with cryptocurrency exchange CoinHub to allow customers in the UAE to make cash withdrawals from their bitcoin accounts. The technology was demonstrated by NCR last year to mark the 50th anniversary of the ATM, and the positive reaction persuaded them to introduce it commercially. Customers will make the transactions in the usual way, authenticating themselves either using their card or mobile device and opting to withdraw from their linked CoinHub cryptocurrency account.