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Thursday January 20th, 2022 3:03PM

NCR Completes Acquisition of Cryptocurrency Leader LibertyX

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Jan 13, 2022--

NCR Corporation (NYSE: NCR), a global enterprise technology provider, today announced the completion of the previously announced transaction to acquire , a leading cryptocurrency software provider. LibertyX is a strong strategic fit for NCR because it accelerates NCR’s ability to rapidly deliver a complete digital currency solution to its customers, including the ability to buy and sell cryptocurrency, conduct cross-border remittance, and accept digital currency payments across digital and physical channels.

This press release features multimedia. View the full release here:

NCR Completes Acquisition of Cryptocurrency Leader LibertyX (Graphic: Business Wire)

“The completion of this transaction enhances our ability to provide digital currency solutions and capabilities that help run our customers’ businesses,” said Don Layden, EVP & President, Payments & Network, NCR Corporation. “We are pleased to welcome LibertyX and its outstanding team to NCR.”

The LibertyX digital currency solution runs on ATMs, kiosks and point-of-sale (POS) systems today. LibertyX partners with ATM operators, like NCR’s Cardtronics, who owns and manages ATMs and the Allpoint network in the U.S. at locations like convenience stores, pharmacies, and supermarkets. Moving forward, NCR will utilize its to offer the LibertyX capabilities as part of its solutions for banks, retailers and restaurants. NCR Pay360 provides financial institutions a secure way to enable cash-in and cash-out transactions from their mobile banking app, website, or even customer service centers.

On August 2, 2021, NCR and LibertyX that they had entered into a definitive agreement under which NCR would acquire LibertyX. The transaction includes LibertyX’s cryptocurrency remittance business, LibertyPay. Financial terms of the transaction were not disclosed.

NCR Corporation (NYSE: NCR) is a leading enterprise technology provider that runs stores, restaurants and self-directed banking. NCR is headquartered in Atlanta, Ga., with 38,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: Twitter: @NCRCorporation Facebook: LinkedIn: YouTube:

View source version on businesswire.com:

CONTACT: NCR Media Contact

Scott Sykes

NCR Corporation

212-589-8428

[email protected]

NCR Investor Contact

Michael Nelson

NCR Corporation

678-808-6995

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: SOFTWARE NETWORKS FINANCE BANKING DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY MOBILE/WIRELESS

SOURCE: NCR Corporation

Copyright Business Wire 2022.

PUB: 01/13/2022 04:05 PM/DISC: 01/13/2022 04:06 PM

http://www.businesswire.com/news/home/20220113005846/en

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News, AP Online - Georgia News, AP Business Wire - Georgia, AP Business - Industries, AP Business - Financial Services
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