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Mini-POS Launches Zero Confirmation Bitcoin Cash Point-of-Sale Terminal
• https://news.bitcoin.comJust recently a development team from the UK has created a bitcoin cash (BCH) point-of-sale server which allows brick and mortar merchants to accept BCH as a form of payment in-store. The startup has started an initial pre-sale, and BCH Mini-POS devices will begin shipping this summer.
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Mini-POS Allows Zero Confirmation BCH transactions In-Store
The decentralized cryptocurrency bitcoin cash (BCH) will soon have a point-of-sale (POS) server available for merchants running a business in physical locations. The BCH Mini-POS is intended for small merchants and stores says the startup. Further, the device is compatible with a web browser and also allows merchants to accept 0 confirmation BCH transactions in-store. Additionally, the server solution is open source and its codebase can be reviewed on Github.
"Although it is an internet-connected device, at no point are any private keys stored within Mini-POS server," explains the startup.
There are zero on-going costs when using Mini-POS server to accept Bitcoin Cash transactions. Unlike in the fiat world, all transaction fees are paid for by the sender of the transaction i.e the customer, not the merchant.