Dash and Litecoin Launch on New Payment Processor as Dash Approaches 1,500 Merchants Worldwide
Cryptocurrency Dash (Digital Cash) has been integrated by Los Angeles-based payments processor 34 Bytes, expanding Dash’s adoption and reach to nearly 1,500 merchants worldwide. Litecoin has also been tested and added to the platform, growing its list of merchants.
34 Bytes develops and distributes Point of Sale terminals designed to make cryptocurrencies easy to use. They are fully integrated for simple in-store transactions that make crypto spending feel more like a credit card transaction and less like a computer science class.
“For cryptocurrencies to continue to grow in utility and acceptance they must be simple and easy to use,” says 34 Bytes. “Behind the scenes, cryptocurrencies are deeply technical systems, but they can’t remain just in the purview of software developers and economists.”
The POS terminals are designed to be intuitive, stripping cryptocurrencies of the “too cryptic” stigma that has made mainstream adoption challenging. The terminals connect consumers and traders with cryptocurrency exchanges such as Coinbase and LocalBitcoins, facilitating crypto-to-fiat conversions.
Merchants can also send incoming payments to a cold wallet. Since Wifi is built directly into the hardware, the terminals can also function in a low-tech environment – without Wifi a tablet or a smartphone nearby.
A simple firmware update activates both Dash and Litecoin.
34 Bytes is also expanding its list of supported exchanges, adding CEX.io, Bitfinex and Kraken.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.