NCR acquires cryptocurrency leader LibertyX

NCR Corp., a global enterprise technology provider, has acquired cryptocurrency software provider LibertyX. Financial terms of the deal were not disclosed. 

The LibertyX digital currency solution runs on ATMs, kiosks and point-of-sale systems. LibertyX partners with ATM operators, like NCR’s Cardtronics, which owns and manages ATMs and the Allpoint network in the U.S. at locations like convenience stores, pharmacies and supermarkets.

Moving forward, Atlanta-based NCR will utilize its Pay360 platform to offer Miami-based LibertyX’s capabilities as part of its solutions for banks, retailers and restaurants.

NCR Pay360 provides financial institutions a secure way to enable cash-in and cash-out transactions from their mobile banking app, website, or even customer service centers.