On April Platincoin and Swedish company Cyclebit concluded a strategic partnership agreement, according to which 200,000 outlets equipped with Cyclebit payment terminals will accept Platincoin as a means of payment.
Along with Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) Platincoin is the fifth coin that will be available for settlements via Cyclebit payment terminals in Europe and Asia. Cyclebit and Platincoin are eager to make cryptocurrency payments more accessible by integrating cryptocurrencies into retail PoS terminals.
As of today, annual turnover of payments processed by Cyclebit comes to $1 bln, and their number is over one million transactions per month. PoS-terminals supporting Cyclebit technology are currently installed in more than 200 thousand PoS in Europe. One of Cyclebit's major partnerships is its collaboration with Spain’s Nostrum coffee shops chain. At the moment, the chain has 130 coffee shops that accept crypto payments.
Platincoin (PLC) is a new generation cryptocurrency for quick and easy managing of business tasks. One of the key advantages is that coins can be mined using a new minting technology.
According to CoinMarketCap, Platincoin (PLC) is among the world’s top 200 cryptocurrencies in terms of capitalization. PLC rate has grown by 332% over the last 6 months, coin is traded on several exchanges.