Digital Banking

DigitalMint partners with E Money Commerce to expand Bitcoin ATMs

photo provided by iStock

June 23, 2020

As part of the initial launch of a partnership, E Money will deploy 10 Bitcoin ATMs at convenience stores throughout central and southern Illinois, including Peoria, Springfield, and Bloomington, according to a press release. In the coming months, an additional 27 Bitcoin ATMs will be deployed in both Illinois and Missouri.

"The team at E Money couldn't be more excited to work with a Bitcoin point-of-sale pioneer like DigitalMint," said Paige George, partner at E Money Commerce, in the release. "We know that with our collective knowledge, E Money and DigitalMint can innovate, facilitate, and popularize Bitcoin transactions throughout the nation."

DigitalMint is encouraging public awareness of cybercurrency by distributing Bitcoin through ATMs and teller windows at financial service centers, retailers, convenience stores and gas stations. The company has piloted programs in Nevada and Arizona and is looking to expand its 350-location network available in 26 U.S. states, even further.

"Much like DigitalMint, E Money has the extensive experience and entrepreneurial spirit to increase opportunities in the cryptocurrency segment," said Marc Grens, president and co-founder of DigitalMint, in the release. "We look forward to working together toward a more Bitcoin-ready nation, particularly through our mutual engagement of underbanked communities."