You've been redirected from MobilePaymentsToday.com to PaymentsDive.com. In March 2021, Mobile Payments Today became a part of Payments Dive. For the latest payments news, sign up for the daily newsletter.

Bitcoin Brands, Midwest BTC partner on ATM placements

Under the new agreement, the partners expect to deploy at least 10 new bitcoin ATMs during the first quarter of 2015.

Published

Dec. 12, 2014

Bitcoin Brands Inc. has signed an agreement with Midwest Bitcoin LLC to deploy additional bitcoin ATMs at locations around the country, according to a news release.

Midwest BTC currently operates five bitcoin kiosks in Chicago, Columbus, Ohio, and Kansas City, Missouri. 

"We are excited to be partnering with Midwest BTC on these new ATMs. They are proven operators who are successfully bringing automated bitcoin solutions to consumers every day," said Bitcoin Brands Inc. President Peter Klamka.

"We couldn't have been more fortunate [than] to find Bitcoin Brands," said Midwest Bitcoin CEO Micah Corning-Myers in the release. "We are looking forward to the future and what it holds."

As part of the new agreement, the partners expect to deploy at least 10 new machines during the first quarter of 2015. The companies plan to install bitcoin machines from BitAccess. 

Bitcoin Brands said it is continuing to seek out partnerships with operators in order to build out a national network of bitcoin kiosks.