Germany-based digital currency bitcoin ATM and point-of-sale (POS) solution provider BitXatm has announced a new partnership that will find the company shipping 1,000 units to the US in a bid to build the country’s largest bitcoin ATM network.

For the initiative, BitXatm will partner with Los Angeles-based CryptVision, a startup that itself is seeking to build the largest network of bitcoin ATMs around the globe. As part of the deal, CryptVision will become the exclusive provider of BitXatms in the US and Canada.

The announcement follows BitXatm’s May upgrade to its Sumo Pro ATM product, and was issued at The North American Bitcoin Conference (TNABC), a two-day community event being held in downtown Chicago

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Sergey Yesayan, president of CryptVision, framed the move as one that will find the new company moving quickly to gain a foothold in the bitcoin market. “In terms of positioning our products all over the country, we’re planning to have most of them in place by the end of the year, and are looking for location partners in shopping malls, restaurants and night clubs”, he said in a statement.

Yesayan said that the bitcoin ATM units will be available for free to qualified operators, with the qualification process for operators beginning 25th July. CryptVision plans to treat the units as vending machines and manage the associated financial responsibilities and licensing.

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PayFast, a leading South African payment processor, started offering the digital currency bitcoin as a payment option, making it available to the firm’s 30,000 merchant customers. It becomes the first payment processor in South Africa, and one of the first anywhere, to offer the cryptocurrency as an option.

The subject of Africa and developing markets is a big one in bitcoin circles; the currency is viewed as a solution to the problems of high money-transfer fees, as well as an opportunity to offer banking services to the billions of so-called “unbanked.”

So far, though, it’s all mainly experimental. A Kenyan startup, BitPesa, began offering a remittance service earlier this year, and there are exchanges in Mexico, Argentina, China, and elsewhere trying to spread adoption of bitcoin.

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The company is partnering with BitX, a South African digital-currency exchange, for the bitcoin integration, but PayFast founder and managing director Jonathan Smit acknowledged the move was largely exploratory. He noted that consumers and merchants know very little about bitcoin in the young market.

“We are not really seeing a demand for bitcoin from customers per se, but bitcoin is very much a hot topic on South African lips,” he said in a conversation on Wednesday. Like many other traditional companies that take on crypto currencies, Mr. Smit is essentially launching an experiment. “The position we are taking is not necessarily driven by a clear business case but we are always on the lookout for alternatives and we are always looking for ideas that could become something,” he said.

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Dell Inc. (NASDAQ:DELL) officially announced it accepts Bitcoins for online purchases. This includes purchases on all items on Dell.com. The retailer is accepting Bitcoins as part of a pilot program for U.S. based consumers and small businesses. Should the test go well, the option will expand outside the United States. Dell has just announced that it’s online store now accepts Bitcoins from U.S. consumers and … Continue reading Bitcoins to be Accepted by Dell For Online Purchases

Underground bitcoin vaults maker, Xapo, introduced the first bitcoin debit card on Thursday as part of its initiative to bring the virtual currency to more consumers. Xapo founder and CEO Wences Casares said the Xapo Debit Card will be linked to the Xapo Wallet and users will be able to use it to make purchases like a traditional debit or credit card. Wences Casares, founder … Continue reading First Bitcoin Debit Card Introduced By Xapo

Bitcoin has just taken another big step toward mainstream acceptance and usability with the announcement that DISH Network Corp (NASDAQ DISH) will allow subscribers to pay their bills with the digital currency starting next quarter. As a Fortune 200 company with more than 14 million subscribers, Dish is now the largest company to accept Bitcoin payments. The pay-TV company has contracted with Coinbase to handle … Continue reading Bitcoin Payments to be accepted by DISH