Crypto Currencies Go Mainstream with ATM Withdrawals of Cash

(IRVING, TX) 6 February 2020 - Hyosung America (Hyosung) takes the next step in the global mainstream acceptance and utility of crypto currencies in partnership with B4U Financial LLC.  This alliance will provide Hyosung ATM owners with a complete end-to-end global platform to process open and closed loop blockchain currencies such as bitcoin.  The ATMs will be able to disburse up to $500.00 cash using the B4U platform.  B4U Financial provides consumers and merchants with a method to use a blockchain wallet.  This is a fast and secure method of converting blockchain currency to cash from the ATM.  B4U Financial, in alliance with Hyosung, who is the largest provider of ATMs in the U.S., will continue implementing solutions for the secure withdrawal of blockchain currency at existing ATM devices.

            "We are honored to be selected by Hyosung America as their blockchain currency cash out partner,” said Williams, president of B4U Financial LLC. “By working together, we will be able to provide a secure, global solution that transcends borders.  We will lead the ATM acceptance by countries and citizens as we support the next blockchain payment solution for the ATM industry".

            B4U Financial and Hyosung have worked together to bridge the gap between blockchain and fiat currencies.  B4U Financial believes this new partnership drives more mainstream acceptance, utility and revenue within the global ATM marketspace.  Using expertise gained from over 30 years in the payment industry, the B4U platform delivers a consumer transaction time slightly faster than an EMV credit/debit withdrawal, while offering more security and cost efficiency.

            “As someone who has personally experienced the difficulty of liquidating blockchain currency into cash, I’m excited to be a part of providing this needed solution to the market. We’re always looking for ways to maximize the value of the cash dispensing ATM, and this is a great way to bring new value to our customers with new technology for all new and existing Hyosung ATMs,” said Marvin Bowers, Director of Retail Sales for Hyosung.

            At current value, blockchain currencies’ market cap or total spend represent hundreds of billions of dollars of disposable spending. This partnership will provide blockchain currency owners a way to convert their currencies, such as bitcoin, to cash for everyday spending.

About B4U Financial:

            The company focuses its’ ATM operations currently in the US, Mexico and Canada to provide a global ATM solution for the disbursement of cash.  The company works in both open loop crypto such as bitcoin, closed loop crypto solutions such as giftcoins or private label card blockchain programs.  Using B4U Financials’ unique understanding of blockchain and global payments to deliver to the ATM market programs that without blockchain would be difficult to accomplish.

About Hyosung America:

            Hyosung America is the US subsidiary of Hyosung, Inc., a global leader in providing ATMs, TCRs and software solutions to the retail off-premises and financial institution markets. Since entering the North American market in 1998, Hyosung has been the fastest growing ATM company in North America and the leading provider of recycling branch transformation solutions. Hyosung is headquartered in Irving, Texas, and provides research and development support in its Global Software Center in Dayton, Ohio.