Page 35 - GS211002

NewProducts
NewProducts

Own, operate a national Bitcoin ATM network

Inclusive toolkit, infrastructure

Since its launch in 2015 with just a single kiosk and location,
Coinsource has developed its own proprietary operating
software as well as its own state-of-the-art KYC/AML/IDV
(know your customer/anti-money laundering/identification
verification) software, Muhney stated. These capabilities
enable the company to provide fast, easy and secure ways
to buy and sell cryptocurrencies, he added.

oinsource, a financial and cryptocurrency ser- "We are the only turnkey, full-service Bitcoin ATM producer
vice provider, launched Platform as a Service to offer in-house solutions and services to anyone looking
(PaaS), a turnkey solution with the necessary to own and operate their own network of Cryptocurrency
C tools, support and infrastructure to help ISOs, ATMs," Muhney said.
merchant level salespeople (MLSs) and independent ATM
deployers (IADs) build and scale national Bitcoin ATM net- In addition to providing Bitcoin processing software, the
works, according to company representatives. platform offers enhanced cash logistics and reporting;
armored car services; national banking; state and federal
Derek J. Muhney, executive vice president of sales at licensing; knowledgeable, 24/7 customer service; and
Coinsource, described PaaS as a franchise model that customized marketing materials to help operators grow
combines end-to-end functionality and compliance and scale their national Bitcoin ATM networks, Muhney
with white-glove service, enabling affiliates to leverage stated. He also noted that products and services are tailored
Coinsource infrastructure as they build their own national according to unique partner and affiliate requirements.
Bitcoin networks. He added that unlike most other Grow with us
operators, Coinsource is a single-source solution provider
that does not rely on third-party software or third-party Describing Coinsource as a financial services company that
banking. provides simplified, secure access to the cryptocurrency
world, Muhney encouraged interested ISOs to reach out
"Coinsource offers exclusive national banking, industry-low and learn more about crypto's growing adoption and
rates and the highest profitability margins for its affiliates," unlimited potential.
Muhney said. "Coinsource utilizes in-house operating
software and KYC/AML technology, which allows us to "Coinsource provides the fastest, easiest and most secure
offer our end users the lowest rates in the industry while way to buy and sell cryptocurrencies using cash at hundreds
simultaneously providing the highest profitability for our of locations nationwide," Muhney said. "Given the rapidly
affiliates who own their own networks through us." evolving fintech industry, Coinsource has focused heavily
on building a world-class compliance and consumer
Drive incremental revenue protection program, multi-tier high touch support, and
Muhney further noted that the PaaS model, exclusively a service which supports millions of unbanked and
from Coinsource, includes a comprehensive set of tools underbanked Americans."
that include banking, compliance, interactive marketing,
customer support, location procurement, cash logistics and Muhney pointed out that Coinsource has hundreds of
user experience. This can help ISOs and IADs enrich and Bitcoin ATM locations across 45 states and Washington
diversify their existing portfolios while creating additional D.C., and plans to grow internationally. Partners and
revenue streams, he stated. affiliates have the confidence of knowing that Coinsource
is the world's leader in Bitcoin ATM Services, he said.
Adding Bitcoin ATMs to an ISO's portfolio can also enable
ISOs and IADs to attract new customers and traffic to
their Bitcoin ATM fleets, Muhney noted, adding that
diversifying an ATM portfolio can help drive incremental
revenue using this unique and exclusive model. "As an Company: Coinsource
industry leader in both compliance as well as solution- Product: Platform as a Service
based services, Coinsource has been able to onboard nearly
100 PaaS clients to date," Muhney said. "This has enabled Website: www.coinsource.net
even further mainstream adoption of the technology and Contact: derek@coinsource.net
financial diversity, while simultaneously creating business
opportunities for thousands of individuals."
35