Money – CoCard

Feb 22 2018

Does Your Business Need Capital?

Advice, Blog, Business, business owners, EMV, Industry, Lifestyle, Merchant Cash Advance, mobile payments, New Product, Point of Sale, POS, small business

small-business-growth As a business owner, nothing is more rewarding than seeing your company grow and thrive. After all, you are the one putting it all on the line, calling the shots and making important decisions that will lead to your future success. Because business trends change there are times, you may have an abundance of income; others, you may be low on capital. If you find yourself short of cash and need to purchase key equipment like a new point of sale system, make necessary repairs or have a lucrative opportunity, you may want to explore funding options. One option – a merchant cash advance – offers rapid access to cash with minimal qualifications and formalities. Interested, contact our office today and let’s talk about what you need to keep your business growing in 2018!

1-800-317-1819 Ext 4360 and talk to one of our cash advance specialist

Bitcoin Seeks to Expand ATM Services

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Business, Industry, New Product, Tech

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New Bitcoin ATMs continue to propel the currency forward

Bitcoin payment is still a highly controversial topic; many people don’t know what to make of it, many see it as illegitimate, and many don’t know what it is at all. Although it receives mixed reviews from economists and investors alike, the continued expansion of Bitcoin usage has caused an entirely new payment industry to arise.

As many people know, Bitcoin is a digital payment system that can be exchanged as a form of cryptocurrency. Individually valued at hundreds of USD per coin, the exchange of coins for goods, services, and even paper money has become a point of interest. In the wake of this increased interest, Lamassu Inc. has moved forward in the production of Bitcoin ATMs.

Lamassu has developed new software named Rakia, which will allow its operators to provide remittance services, bill payments and airport cash exchange. Lamassu Bitcoin machines originally only allowed users to exchange their paper money to buy Bitcoins, but since May, users have been able to receive cash in exchange for coins as well.

The software is open source, and developers are able to work with Rakia to further improve its functionality. Lamassu also keeps the Bitcoin theme of decentralization alive, allowing operators to personally decide their prices, commission rates, and partners.

Bitcoin continues to strengthen its argument as a legitimate currency with its innovate technologies. Does this mean that eventually Bitcoin may become the real deal? Comment and let us know!