Israeli company Virtual Crypto Technologies Ltd. launched the NetoBit Cash tablet, which allows you to buy, sell and convert Bitcoin and other cryptocurrencies at points of sale, e-commerce sites and online stores.
Virtual Crypto develops software and hardware for buying and selling cryptocurrencies through ATMs, tablets, PCs and/or mobile devices. NeoBit is the first of its kind in a series of software and hardware products under development.
The device allows retailers, e-commerce players, online stores and other businesses around the world to securely receive payments in Bitcoin and other cryptocurrencies in real time. The platform's transaction speed is said to protect users from exchange rate volatility and guarantee transaction behavior up to $3,000.
The retailer can choose to accept payment in a cryptocurrency such as Bitcoin, or immediately convert it through NetoBit Cash into regular fiat currency, which will be credited to the retailer's account.
The company intends to target its products to small and medium-sized businesses such as cafes, restaurants, shops, as well as airlines and travel companies, government agencies and payment systems.
According to http://www.rttnews.com
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