One of the World’s Largest ATM Manufacturers Announces Bitcoin Support

Buying bitcoin just keeps getting easier, with vendors of all kinds adding support for the cryptocurrency. Just days ago, Square revealed they were adding the ability to buy BTC within their app. Now Hyosung have gotten in on the act by launching bitcoin ATM support. Soon, customers of the firm’s ATM machines will be able to buy bitcoin at the push of a button.

Bitcoin On Demand

Hyosung have announced they will add bitcoin transaction support with the aid of Just Cash. Once activated, the bitcoin ATM service will operate very similarly to a conventional transaction. Instead of withdrawing fiat currency, digital currency will be despatched to the recipient’s wallet using a QR scan. While bitcoin is the first cryptocurrency to be added, there is talk of other coins being added in due course.

Hyosung are one of South Korea’s largest industrial companies, boasting over 25,000 employees and revenue of U.S. $17 billion in 2015. ATM manufacture is just a small part of their operations; the company also dabble in construction and chemicals among other things. Within South Korea however they are best known for their ATMs which can be found up and down the country…

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