, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale system,. This product launch marks a significant expansion of Byte Federal’s “fintech focused” services, showcasing a commitment to building a full suite of financial tools for economic freedom.
After a successful beta testing program, Byte Federal’s merchant POS system is now available throughout most of the United States. In states where Byte Federal holds a Money Transmitter License additional merchant services are being provided, with further expansion in the works as additional licenses are obtained.
“There is a long line of people eager for new tools that enable them to transact without the strangleholds of the legacy financial systems, and those are the tools we are building,” said Michelle Weekley, Director of Product Development at Byte Federal. Kenneth Shortrede, Senior Software Engineer at Byte Federal, commented on the global impact: “After seeing the challenges Argentine merchants face, from inflation to traditional payment issues like delays and high fees, highlights the need for a better system. A decentralized Bitcoin-based solution could enable faster, cheaper global transactions for merchants.”