UPS Might Be Making a Locker That Accepts Bitcoin

Global shipping giant UPS may be looking at accepting bitcoin through an item-exchange locker service, newly published patent filings show.

UPS is eyeing a system of locker banks that can take digital forms of payment, according to an application released by the U.S. Patent and Trademark Office (USPTO) on Thursday. In addition to traditional payment systems, the patent filing lists bitcoin as a possible currency to pay with.

The filing outlines a system of lockers where a party trading or selling an item can leave it in the locker for a buyer to pick up at their convenience. Some of these lockers may be configured to accept payments if the parties are renting the locker.

The filing outlines different methods by renters can pay for the locker, specifically stating:

“In example embodiments, the locker bank may include a point-of-sale (POS) system for accepting payment from users in the form of: (1) a cash transaction; (2) a credit or debit card transaction; (3) a gift certificate; (4) an electronic payment, such as payment by Google Pay, Apple Pay, PayPal, Bitcoin; and/or (5) any other suitable type of payment.”

[…]

Read Full: UPS Might Be Making a Locker That Accepts Bitcoin – CoinDesk