Hyosung America has reportedly entered a partnership agreement with cash-to-crypto provider DigitalMint, to facilitate Bitcoin (BTC) purchasing throughout the entity’s 175,000 ATMs located in America. 

Specifically, besides from providing its self-developed BTC and Litecoin (LTC) payment rails like ATMs, bank wires and tellers, DigitalMint also offers software API integrations which come with supporting features for the selling of BTC via retailers or ATM operators’ machines. 

As included in the scope of the agreement, which was revealed on July 12th, Hyosung America will reportedly finalize the integration of DigitalMint’s crypto buying solutions to its upcoming API-based app store, which is current in the developing process for the company’s ATMs.

Nonetheless, the power to decide will fall into the particular ATM operator, regarding whether they wish to incorporate DigitalMint’s services or not. 

The CMO for Hyosung America, Brad Nolan, additionally disclosed that the API-based app store will not only provide ATM operators an opportunity to sell BTC but also a chance to provide a wide array of new solutions to them.

“With the app store, any ATM operator using our retail software platform can subscribe and download apps such as DigitalMint, to enable their ATMs to do more — driving new revenue streams for the operators and the retailers with whom they partner.”

Taking into account the scale of Hyosung America’s ATM network, the new development potentially offer major customer exposure for DigitalMint’s services. 

The details for whether the duo has intentions of rolling out extra collaborations are yet to be revealed, nevertheless, considering that DigitalMint offers crypto buying services for just two crypto assets.

Hyosung America is the subsidiary located in North America of South Korean company Hyosung, Inc, boasting that it is the “largest provider of ATMs” in the United States. This development is the firm’s first signifficant play in the crypto sphere, but given that it is spending efforts on an API-based app store, more crypto partnerships could follow.