Payments Giant NCR Acquiring Libertyx to Offer Complete Crypto Solution

businessman pointing arrow graph corporate future growth plan increase percentage scaled

NCR Corp., a global leader in ATM software applications, has announced that it is acquiring Libertyx, the crypto company that claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.”

Payments Giant NCR Acquiring Libertyx to Offer Complete Crypto Solution

NCR Acquires Libertyx

NCR Corp. (NYSE: NCR), a leading enterprise technology provider, announced Monday “a definitive agreement to acquire Libertyx, a leading cryptocurrency software provider.”

Libertyx claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.” Its software runs on ATMs, kiosks, and point-of-sale (POS) systems, allowing customers to buy BTC at more than 20K retail stores and 9,500 traditional ATMs.

NCR’s website states that the company is the number one “global provider of multi-vendor ATM software applications and middleware” and “the world’s #1 ATM brand,” with more than 650K ATMs installed globally. The company also claims that more than 15 million consumers are using its digital banking solution. NCR’s products are distributed in 141 countries. Research firm RBR ranks NCR as the largest provider of point-of-sale software to grocery and other retail stores globally, with a 45% market share.

Tim Vanderham, NCR’s chief technology officer, commented:

Due to growing consumer demand, our customers require a complete digital currency solution, including the ability to buy and sell cryptocurrency, conduct cross-border remittance and accept digital currency payments across digital and physical channels. The Libertyx solution will accelerate our ability to rapidly deliver these capabilities to the market.

“Moving forward, NCR will offer the Libertyx capabilities as part of its solutions for banks, retailers and restaurants. NCR’s digital wallet and mobile applications will provide these capabilities across NCR’s physical and digital touchpoints,” the announcement details.

While the financial terms of the transaction have not been disclosed, the transaction is expected to close later this year, subject to customary closing conditions, including obtaining certain regulatory licensing consents and approvals.

In June, New York Digital Investment Group (NYDIG) announced a collaboration with NCR to allow 650 banks and credit unions in the U.S. to offer bitcoin trading to their customers through their mobile applications.

What do you think about NCR acquiring Libertyx? Let us know in the comments section below.

Ronnie Huss

Ronnie Huss

Leave a Reply

Your email address will not be published. Required fields are marked *

Share:

Share on telegram
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Related Posts

bitcoin
Bitcoin (BTC) $ 67,000.95
ethereum
Ethereum (ETH) $ 3,223.39
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 580.81
solana
Solana (SOL) $ 151.58
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,214.50
xrp
XRP (XRP) $ 0.543121
dogecoin
Dogecoin (DOGE) $ 0.172895
the-open-network
Toncoin (TON) $ 6.82
cardano
Cardano (ADA) $ 0.500693
avalanche-2
Avalanche (AVAX) $ 38.36
shiba-inu
Shiba Inu (SHIB) $ 0.000024
bitcoin-cash
Bitcoin Cash (BCH) $ 543.84
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 66,669.86
tron
TRON (TRX) $ 0.114223
polkadot
Polkadot (DOT) $ 7.14
chainlink
Chainlink (LINK) $ 15.09
matic-network
Polygon (MATIC) $ 0.757694
litecoin
Litecoin (LTC) $ 85.72
internet-computer
Internet Computer (ICP) $ 13.46
near
NEAR Protocol (NEAR) $ 5.71
uniswap
Uniswap (UNI) $ 7.73
leo-token
LEO Token (LEO) $ 5.77
dai
Dai (DAI) $ 0.999122
ethereum-classic
Ethereum Classic (ETC) $ 29.32
aptos
Aptos (APT) $ 9.59
first-digital-usd
First Digital USD (FDUSD) $ 1.00
blockstack
Stacks (STX) $ 2.58
mantle
Mantle (MNT) $ 1.13
crypto-com-chain
Cronos (CRO) $ 0.138655
cosmos
Cosmos Hub (ATOM) $ 9.16
bittensor
Bittensor (TAO) $ 542.87
filecoin
Filecoin (FIL) $ 6.56
stellar
Stellar (XLM) $ 0.113445
okb
OKB (OKB) $ 53.13
vechain
VeChain (VET) $ 0.043294
render-token
Render (RNDR) $ 8.05
arbitrum
Arbitrum (ARB) $ 1.16
hedera-hashgraph
Hedera (HBAR) $ 0.084579
immutable-x
Immutable (IMX) $ 2.11
kaspa
Kaspa (KAS) $ 0.124331
maker
Maker (MKR) $ 2,933.20
dogwifcoin
dogwifhat (WIF) $ 2.59
pepe
Pepe (PEPE) $ 0.000006
the-graph
The Graph (GRT) $ 0.260967
optimism
Optimism (OP) $ 2.40
ethena-usde
Ethena USDe (USDE) $ 1.00
theta-token
Theta Network (THETA) $ 2.37
injective-protocol
Injective (INJ) $ 25.98