Hello, CRYPTO…

Twenty-six years ago, when Ernest, Frank, and Bill set out to build a better ATM, they didn’t have any idea their little ATM would ignite an entirely new industry into a hockey stick success path.

But hockey sticks results flatten over time, and it seems from where I sit at least, that the ATM industry is seeking an old thrill – MARGINS. Remember those? Chances are you probably do not. 

I did say twenty-six years ago. Back in those wild-wild west days, we had $2.00+ Surcharge rates and 50+ cent interchange fees PLUS merchants paid us $50 monthly statement fees and 50-cent buy rates… and oh-by-the-way we didn’t disclose interchange much less payout on it. We were not bad people; paper and ribbons were always free.

But I digress. Enter CRYPTO. It’s real, and it’s here ya’ll.  Except for people living under rocks, this is not a news flash. What is a news flash is that Morphis manages CRYPTO ATM cash too.

It’s not surprising that Morphis would be right in the middle of the CRYPTO movement because Morphis knows money, right. Managing, reconciling, and balancing CASH to CRYPTO or CRYPTO to CASH transactions is right in our wheelhouse. From the perspective of Morphis, CRYPTO cash-in transactions look a lot like SmartSafe cash-in transactions which look a lot like ATM cash recycler transactions. As with SmartSafes, CRYPTO operators can receive provisional credit for cash-in transactions bringing next-day liquidity to transaction operations and controlling CIT cost with just-in-time cash sweeps enabling you to make lots of money by expanding your MARGINS. And, because it Morphis, you can do it all right from your SmartPhone.

So, when you get that call – and you will – to join the CRYPTO ATM revolution, remember this: Morphis knows money and Morphis knows CRYPTO.

If you missed me at ATMIA, just drop me a line and I’ll send you and excellent piece of CRYPTO tchotchke.