Business
First Bitcoin Capital Corp Completes Installation of Automated Check-Cashing and Bitcoin Enabled Kiosks into California High Traffic Markets; Completes Demonstration of Ownership of 2 Main Wallets
First Bitcoin Capital Corp Completes Installation of Automated Check-Cashing and Bitcoin Enabled Kiosks into California High Traffic Markets; Completes Demonstration of Ownership of 2 Main Wallets.
About this update from First Bitcoin Capital Corp.
[{"type":"text","content":"SACRAMENTO, CA / ACCESSWIRE / September 21, 2017 / First Bitcoin Capital Corp (OTC PINK: BITCF) and SAMCO Financial announced today that SAMCO has delivered 3 automated check-cashing kiosks to BITCF locations in Northern California. Kiosks were ordered by BITCF as a pilot test to integrate Bitcoin ATM functionality into self-service check cashing kiosks nationwide. During the pilot, BITCF is offering discounted check-cashing services and will promote the new services through online advertising, in-store signs, and special events, all aimed at consumers who use a check-cashing services. SAMCO's Web-enabled check cashing kiosks merge unique and exclusive check cashing capabilities with Internet-based applications. Both companies will now begin development of Bitcoin buy/sell capabilities to be integrated into a nationwide network of a growing number of kiosks which SAMCO already has in place. Services our Company plans to integrate will include BITCOIN ATM transactions, money orders and transfer,s as well as check cashing.Store customers already have immediate touchscreen access to advanced services such as check cashing with Bitcoin transactions soon to be integrated. BITCF is conducting pilot tests and studying customer acceptance of the check cashing kiosks with 3 units now installed at large Northern California grocery chain at the following locations:6366 Mack RoadSacramento, CA 95823Hours: 6am-11pm916.392.0693Map & Directions4401 BroadwaySacramento, CA 95817Hours: 6am-11pm916.451.2446Map & Directions430 Elkhorn Blvd.Rio Linda, CA 95673Hours: 6am-11pm916.991.1435Map & DirectionsThe first two kiosks are already operating, with the third to become operational this week.Earlier this year, BITCF announced becoming exclusive distributor of check cashing kiosks in California for the medical cannabis dispensaries, but decided to expand to include other high traffic retail locations.Fees for the check cashing services will be competitive. Store customers using the service will be able to cash any valid type of check: government issued checks, payroll checks, and other types, including C-Stores and supermarkets, with service to every kind of customer. Many of those are unbanked and may need to cash checks before purchasing. Offering check cashing services on premises to this group of customers will be a very attractive way...