BATMThree

Information

The BATMThree platform is our flagship product and is the ideal choice for your Bitcoin, cryptocurrency, or blockchain-token project. The platform contains our most innovative features and has seen numerous improvements since its launch in March 2015. NFC cards are one of many innovations on this platform.

All models based on the BATMThree platform offer the same feature set as our popular BATMTwo model plus much more. The BATMThree is designed to be self-standing and can be mounted to the floor for extra security. It includes a thermal printer for printing wallets and receipts (replacement paper rolls can be ordered from us).

All of the BATM models are equipped with high-end banknote validators (also called bill acceptors or bill recyclers), which are also used in many casinos around the world. Our banknote acceptors identify all fake or damaged banknotes, protecting your business against crooks. Our GENERAL BYTES Bitcoin ATMs receive new software updates twice a month, so your system is always up to date.

The BATMThree must be connected to the GENERAL BYTES server software called CAS. This server software allows you to exchange and buy back coins, manage your wallets, configure, manage fleets of ATMs, and much more. 

Features

Unidirectional and Bidirectional

The BATMThree can convert cash to cryptocurrency and cryptocurrency to cash. When you configure your machine, you determine whether your BATMThree is unidirectional or bidirectional.

Selling Process

1. The customer indicates how much cash they would like to withdraw.

2. The BATMThree will check its cash inventory to ensure it can dispense the requested amount.

3. The BATM prints out a redeem ticket containing instructions and a QR code with the cryptocurrency the customer must send to the machine.

4. After the customer sends the crypto to the machine, he/she is notified automatically by SMS that the withdrawal is ready.

5. The customer scans the redeemed ticket, and the BATM dispenses the cash.

6. Meanwhile, the BATM can be configured to automatically sell any collected crypto on the connected exchange, reducing operator risk.

Supported Cryptocurrencies

40+ cryptocurrencies supported. BTC (Bitcoin), BCH (Bitcoin Cash), ETH (Ethereum), LTC (Litecoin), DASH, XMR (Monero), DOGE (Dogecoin), ANT (Aragon Network Token), BTXX, BURST, CLOAK, SMART (SmartCash), FTO, GRS, ICG, LEO, LINDA, LSK, MAX (MaxCoin), MEC, MKR (Maker), NBT, NXT, PAC, REP, START, SYS, TKN, USDT, VIA, WDC, XMR, XZC.

The GENERAL BYTES developers typically do not implement alternative coins on request. Adding a new coin explicitly depends on the community and developers of those coins.

Extensible

You can implement support for any coin or extend current functionality with Open API hosted on GitHub.

NFC Card Support (optional)

The BATM machine issues the customer an NFC card containing the Bitcoin private key. The customer can later use this card as a Bitcoin wallet to receive and send Bitcoins by placing the card on an NFC reader. Additionally, we offer ATM operators card branding services, which make the card a wallet and a business card. Cards can also be used as a payment tool with our Point of Sale terminal or with multiple android applications. NFC cards were integrated to improve:

• Ease of use. NFC cards function similarly to a typical credit card. They add an element of familiarity to someone new to crypto.
• Durability. Customers have the option to print paper wallets, but the durability is lacking. Plastic NFC Bitcoin wallet cards fit well into your regular wallet next to Visa or MasterCard.
• Loyalty. The NFC card can work as a loyalty card, dispensing loyalty tokens instead of bitcoin.
• Great Price! NFC cards cost only 0.4 USD and are, therefore, an ideal branding opportunity for ATM operators.

Secure by Design

• The Bitcoin ATM Terminal only communicates with the server over HTTPS.
• The BATM / CAS server communicates with cryptocurrency exchanges and hot wallets.
• The ATM does not store any cryptocurrency itself.
• Hot wallets for the ATM can be online or self-hosted.

No Volatility Risks

Unlike other Bitcoin ATMs, purchases are made on the configured cryptocurrency exchange at the time of cash insertion, reducing an operator's volatility risks. Operators can also run in a standalone mode with no exchange involvement, a perfect option for those who already own the Bitcoin they want to sell. Exchange rates are updated every 30 seconds.

Supported exchanges: See table below
Supported hot wallets: See table below

Remote Management and Monitoring

The ATM retrieves terminal configuration from the server. Configuration options on the server include online terminal status, current cash box contents, exchange rate, cash transaction limits (per hour, per day, per month), customer behavior, and performed transactions and their status. The server sends end-user SMS and/or email notifications to the operator regarding certain events, such as when transactions are performed or when a specified level of cash in the terminal has been reached.

Remote Software Upgrade

Future software updates are distributed over the internet without the need for user intervention. This dramatically reduces operator expenses as there is no need to visit the ATM in person to upgrade the machine.

AML and KYC

A customer's identity can (optionally) be checked using the fingerprint reader, cellphone number verification, ID card scan, or selfie verification to increase customer cash limits. AML / KYC laws differ worldwide, but GENERAL BYTES is the only manufacturer flexible enough to accommodate even the most stringent AML / KYC regulations.

The GENERAL BYTES ATM server can also obtain customer name and address details based on a cell phone number and run instant background checks against terrorist watch lists. This is required for some markets, most notably the USA.

Notifications

Your ATM can notify you when cash inside the machine reaches a certain threshold, when the ATM is offline for more than one hour, or when a transaction has been made. This way, you know exactly what's happening with your ATM wherever you are.

Other Features

Send receipts by SMS or email.
Send bitcoins via SMS (recipient will receive private key).

Exchanges, Liquidity Providers & Wallets

Technical Specification

Video

Show all BATMThree 1 - Ordering your BATM 2 - Purchasing your BATM 3 - Unboxing your BATM 4 - Configuration of your BATMThree BATM Terminal Installation NFC Bitcoin Payments Dash purchase process on GENERAL BYTES BATM How to Use a Bitcoin ATM To Buy or Sell Bitcoin: Step-by-Step Guide by GENERAL BYTES Meet GENERAL BYTES, the world's leading Bitcoin ATM manufacturer

Pictures