- The cryptocurrency Litecoin was still riding high Friday morning following a mid-week announcement that a new entity called LitePay Inc. will provide merchant processing in 41 countries, including the United States, starting Feb. 26. As of mid-morning, Litecoin traded at $220, up 38% from $160 at noon Tuesday. Also this week, Coinbase, a major cryptocurrency exchange, announced it has launched a service to allow merchants to accept Litecoin as well as Bitcoin, Bitcoin Cash, and Ethereum.
- ATMs operated by non-bank entities account for 59% of U.S. machines, or 278,394 ATMs out of an installed base totaling 470,135, according to a study released by the National ATM Council Inc., a trade group for independent ATM deployers.
- The Danish acquirer Clearhaus announced it is supporting Apple Pay acceptance for more than 5,000 merchants in Sweden, Denmark, and Finland, countries where the mobile-payment service was introduced late last year.
- Payment-security provider Bluefin Payment Systems announced a partnership with Datacap Systems Inc. and Monetary LLC to provide Bluefin’s point-to-point encryption service to merchants using Monetary’s commerce platform and Datacap’s integration partners.
The mobile point-of-sale revolution is picking up momentum, despite having started nearly a decade ago …