High-profile Nisa retailer to introduce Bitcoin ATM

Ieuan Hughes

Nisa retailer Rav Garcha is set to introduce a Bitcoin ATM at one of his stores in Worcestershire.

Bitcoin is a type of digital currency in which encryption techniques are used to regulate and verify the transfer of money. Bitcoin funds are stored independently rather than from a central bank, and the popularity of the currency has grown in recent years. A Bitcoin ATM is an internet machine that allows people to exchange bitcoins and cash.

Rav, who owns three stores in the West Midlands, is looking to introduce the machine at his Nisa Local store in Broadway, Worcestershire, from next month.

He said: “We are planning to install a new Bitcoin ATM machine, which should be open to customers in store from early April. It’s something a little bit different that shoppers won’t expect.

“We’ve noticed from looking online or in the news that quite a few people are switching to electronic currency and we want to make sure that we stay ahead of the trend and offer something niche that will appeal to new customers.”

There are more than 100 Bitcoin ATMs in the UK with most located within the Greater London area, according to coinatmradar.com. 

Related Articles

Readers' comments (10)

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the “report this comment” facility or email groceremails@wrbm.com

What are the 2nd and 5th letters of this word?: INVENTOR

Text size

Desktop Site | Mobile Site
Close message