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NCR Corporation, a global enterprise technology provider, has announced the completion of its acquisition of leading cryptocurrency software developer LibertyX.
This acquisition is strategically important for NCR as it accelerates the corporation’s ability to provide a complete digital currency solution to its customers, including the ability to buy and sell digital currency, make cross-border money transfers, and accept digital currency payments through digital and physical channels (ATMs).
The completion of this acquisition enhances our ability to provide digital currency solutions and capabilities that help run our clients’ businesses,” said Don Leiden, CEO and President, Payments and Networks, NCR Corporation. “We are delighted to welcome LibertyX and its outstanding team to NCR.
Today, LibertyX’s digital currency solution works in ATMs, kiosks, and retail outlets. LibertyX has partnered with various ATM operators, including NCR Cardtronics, which owns and operates ATMs and the Allpoint network in the US. Their devices are located in convenience stores, pharmacies and supermarkets.
In the future, NCR will integrate LibertyX solutions into its Pay360 platform, which is partnering with banks, retailers and restaurants. NCR Pay360 provides financial institutions with a secure way to deposit and withdraw cash through the mobile banking app, website, and even customer service centers.
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