Byte Federal has officially launched ByteConnect, its innovative point of sale (POS) system, designed to integrate Bitcoin transactions into merchant services across the United States. This launch underscores the company's commitment to providing financial tools that champion economic freedom and innovation. Lennart Lopin, Byte Federal's co-founder and CTO, emphasized the importance of sound money in fostering creativity and societal progress, highlighting Bitcoin's role in this vision.
Following a successful beta phase, ByteConnect is now accessible to merchants in most U.S. states, with enhanced services available in regions where Byte Federal holds a Money Transmitter License. The suite includes an API, a handheld POS device for retail, and e-commerce solutions, catering to the growing demand for decentralized financial tools. Michelle Weekley, Director of Product Development, pointed out the eagerness among users for systems that bypass traditional financial constraints.
The introduction of ByteConnect is not just a milestone for Byte Federal but also a notable development in the cryptocurrency sector. Kenneth Shortrede, Senior Software Engineer, referenced the challenges faced by merchants in countries like Argentina, where inflation and high fees plague traditional payment methods, advocating for Bitcoin as a solution for faster, more cost-effective transactions.
Headquartered in Florida, Byte Federal is poised to support merchants in adopting ByteConnect, offering a dedicated team to facilitate integration and expand payment options. For more information on ByteConnect, visit https://bytefederal.com.
