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Paytomat Taps Into $783 Bln US Bar & Nightclub Industry

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Thu, 13/09/2018 - 8:11
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Paytomat Taps Into $783 Bln US Bar & Nightclub Industry
Cover image via U.Today
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Paytomat, a Blockchain-based system for cryptocurrency payments, is poised to increase crypto adoption in nightclubs by cooperating with American Nightlife Association (ANA), a recent press release states.

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After being launched back in 2017 and successfully operating in Europe, Paytomat is targeting global expansion by joining forces with ANA. The association will potentially help the startup attract more American investors.  

This partnership is meant to make it easier for nightlife businesses to accept cryptocurrency payments, which would subsequently give them a competitive advantage. Paytomat CEO Yurii Olentir points to the fact a great number of merchants are considering accepting Bitcoin as a means of payment.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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