Hardware

NCR Corp completes acquisition of cryptocurrency software provider LibertyX

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January 14, 2022

NCR Corp., a global enterprise technology provider, has completed the previously announced acquisition of LibertyX, a cryptocurrency software provider, for an undisclosed sum, according to a press release. The acquisition accelerates NCR's ability to deliver a complete digital currency solution to its customers, including the ability to buy and sell cryptocurrency, conduct cross-border remittance and accept digital currency payments across digital and physical channels.

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, NCR will utilize its Pay360 platform to offer the LibertyX capabilities as part of its solutions for banks, retailers and restaurants. NCR Pay360 provides financial institutions a way to enable cash-in and cash-out transactions from their mobile banking app, website or customer service centers.