Insomnia café opts for crypto payments with Paytomat

Paytomat solutions include a multicurrency wallet (available for iOS and Android), merchant app, modules for PoS systems, e-commerce and shopping cart plugins. Small size merchants can use a merchant QR – a single QR with embedded business ID, transaction ID and its amount

Having established itself in Europe, crypto payments solution provider, Paytomat, has landed its first customer in the US market.

Insomnia café in Los Angeles, known as ‘the truest writers’ café in the city’, is now onboard. In partnership with the American Nightlife Association, which has recently committed to driving cryptocurrency adoption Stateside, Paytomat now plans to expand to other states.

“We’re helping retailers expand revenue streams through the leverage of new technologies,” says Yurii Olentyr, Paytomat CEO. “By bridging the gap between traditional businesses and the blockchain world, we build the model of the future economy, create real-life application for cryptocurrency and bring unique incentives for all market participants to use it as an everyday payment method.”

“The US is one of the largest cryptocurrency markets in the world with around 9% of Americans owning digital assets, according to Dalia Research. This figure is estimated to double in the near future,” says Lev Filimonov, Chief Sales and Marketing Officer, ANA.

Cryptocurrency for everyday purchases can solve many payment issues we are facing during our daily operations, bringing security, speed and independency. I believe any business which accepts cryptocurrency has a chance to attract that 9% of American hodlers to become their clients.”

Paytomat Core currently supports 18 cryptocurrencies: Dash (DASH), NEM (XEM), Bitcoin (BTC), Ether (ETH), Waves (WAVES), Litecoin (LTC), ZCoin (XZC), Horizen (ZEN), Bitcoin Cash (BCH), Dimecoin (DIME), Nano (NANO), Decred (DCR), Bitcoin Gold (BTG), DigiByte (DGB), Bitcore (BTX), BTC Lite (BTCL), PIVX and EOS.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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