New Technology will Allow Hotels, Restaurants and Retailers to Seamlessly Accept Bitcoin as Payment
This week, crypto liquidity provider Enigma Securities announced the launch of new payment terminals. The terminals will enable retailers to accept payment in cryptocurrency.
The announcement comes a year after Enigma launched its OTC brokerage service. The core business, aimed at institutional investors, continues to thrive. Recently, Enigma launched a new API product that connects institutional clients to one of the largest liquidity pools in the digital assets industry. Now, with its new terminals, Enigma Securities is expanding its growing liquidity services to the retailers and merchants.
Retail payment via cryptocurrency is expected to be a high-growth area in the next few years and Enigma’s solution is being adopted by several high-end hotels, restaurants, and global retailers.
Enigma’s technology team has developed a bespoke payment terminal. Enterprises using these terminals will have access to Enigma’s unique liquidity ecosystem for competitive pricing and 24/7 execution.
Speaking about the new terminal, Avi Bouhadana, co-founder of Enigma said, “For many investors, a frustration with crypto has been the slow pace of mainstream adoption. Crypto has been more of a vehicle for speculation rather than an asset with real application. With our payment terminals we will be at the forefront of changing that by increasing retail adoption.”
With the launch of the new payment terminals Enigma takes an active role in bringing crypto to the mainstream. This is an exciting time for crypto adoption with the likes of Starbucks and Amazon-owned Whole Foods recently announcing they will accept crypto as payment. Enigma is excited to a part of this new movement, bringing crypto to the people.