Innovative Payment Solutions, Inc. announced an exciting partnership with a trailblazer in Bitcoin ATM technology. This collaboration brings together IPSI's mission to simplify global payments with BULT's cutting-edge Bitcoin ATM network and patented technology (U.S. Patent Nos. 9,135,787 and 10,332,205 B1).
By integrating BULT's growing network of ATMs across the U.S., IPSI customers can now easily deposit cash, debit, or credit card funds at these machines, instantly converting them into Bitcoin or USDC for fast, secure remittances to Mexico. Imagine walking up to a Bitcoin ATM, depositing cash, and sending money to Mexico within minutes with no complicated processes, no hidden fees, just a simple and transparent way to support loved ones. That's what this partnership delivers.
Bullet Blockchain, through its subsidiary First Bitcoin Capital LLC, is a leader in the crypto ATM Intellectual property space, with patented technology that powers secure and efficient transactions. Their expanding network of Bitcoin ATMs across states like California, Texas, and Florida is setting the stage for them to become North America's top Bitcoin ATM operator. Together, IPSI and BULT are creating a seamless experience for users, offering: Instant Crypto Purchases: Buy Bitcoin or stablecoins like USDC directly at BULT's ATMs. Fast Remittances: Send funds to Mexico, where recipients can access them via crypto wallets, bank accounts, or even local ATMs. Compliance and Scalability: A secure, regulatory-compliant solution designed to grow with global demand.
Through BULT's exclusive partnership with Silo Technologies, announced in December 2024, customers in Mexico and South America can benefit from advanced cybersecurity wallet solutions that will be integrated into the Bitcoin ATM network. These solutions include: Real-Time Threat Detection: Monitors transactions to identify and mitigate potential fraud or hacking attempts instantly. MiCA-Aligned Encryption: Ensures compliance with global crypto regulations, including the EU's Markets in Crypto-Assets (MiCA) framework, providing robust security for cross-border transactions.
AML/KYC Compliance Tools: Streamlines Anti-Money Laundering (AML) and Know Your Customer (KYC) processes, ensuring secure and compliant transactions for users. Remote Monitoring: Allows for continuous oversight of wallet activities, enhancing user trust and safety across Mexico and South America. These features, tailored for the Latin American market, protect users from rising digital payment fraud, which surged by 70% in the region in 2023, ensuring a secure and seamless remittance experience.
IPSI and BULT are joining forces on co-branded marketing campaigns, kicking off in key states like California, Texas,and Florida. This partnership is not just about technology--it's about empowering people with accessible, affordable, and reliable ways to send money across borders.
