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By adding bitcoin ATMs, convenience retailers can offer customers a fast and convenient way to convert cash into bitcoin.
Convenience store retailers including FastLane, Gas Express, Highs, Majors Management, and Stinker Stores are recognizing the appeal of installing Bitcoin ATMs in their stores. They partner with Bitcoin Depot to provide customers with an intuitive, fast, and convenient process for converting cash to Bitcoin. The partnership also gives users the ability to access the broader digital financial system, including to make payments, transfers, remittances, online purchases and investments.
Bitcoin Depot delivered exactly what they said they would deliver in their original proposal and delivered on the locations they were installed in and the timeline to complete the rollout, said John Phelps Jr. President of Marketing for Highs.
Along with the partnerships, Bitcoin Depot signed an additional 440 outlets in North America in the second half of 2022.
We are seeing more and more retailers understand the potential value of providing their customers with access to Bitcoin through Bitcoin Depot ATMs and these partnerships strengthen our value proposition for notable retailers in the US, said Brandon Mintz, CEO and founder of Bitcoin Depot.
The Bitcoin Depots footprint, supported by these new business partnerships, allows users to convert their money to Bitcoin at approximately 7,000 kiosks and via BDCheckout in 48 states and 10 Canadian provinces.
“At FastLane, our mission statement is: modern convenience, timeless values. Adding Bitcoin Depot ATMs throughout our footprint in Missouri is one of the ways we deliver on our promise of modern convenience. while providing our customers with the excellent service and products they expect,” said Brian Baker, marketing and merchandising strategist at FastLane.
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