34 Bytes LLC, a bitcoin point-of-sale (POS) solutions company, has announced its integration with LocalBitcoins.com, a peer-to-peer bitcoin exchange, in a move to increase the utility of 34 Bytes terminals for merchants around the world.
According to the official blog post, with this addition, bitcoin payments can be sent automatically by merchants to their LocalBitcoins account and kept for trading later. With the 34 Bytes solution, the company cannot access or store merchants’ funds.
“LocalBitcoins.com is a long-trusted entity in the bitcoin ecosystem. They offer many services including facilitating in-person bitcoin sales purchases, as well as electronic exchange with parties from around the world. Very importantly, they offer escrow services on the sales to ensure that all parties are protected and satisfied,” the post stated.
34 Bytes is designing and deploying bitcoin POS solutions to brick-and-mortar merchants and businesses. The company's goal is to vastly improve the experience of in-person bitcoin payments, for both the merchant and the customer. The firm is working on more third party integrations which it will announce in the future.


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