Venice, Florida, April 3rd, 2024, Chainwire

Byte Federal, a prominent player in the global financial technologies sector, is pleased to announce the official rollout of its point of sale (POS) system, ByteConnect. This launch signifies a significant expansion of Byte Federal’s offerings in the fintech realm, demonstrating a commitment to developing a comprehensive suite of financial tools for economic empowerment.

Lennart Lopin, co-founder, and CTO of Byte Federal, shared the vision driving this innovative venture: “A solid financial foundation is crucial for creators and visionaries, propelling societal advancement. We are thrilled to introduce Bitcoin to the world—a groundbreaking innovation that fosters freedom and nurtures creativity within global communities.”

Following a successful beta testing phase, Byte Federal’s merchant POS system is now available across most regions of the United States. In states where Byte Federal holds a Money Transmitter License (MTL), additional merchant services are being offered, with plans for further expansion as additional licenses are secured.

The new suite of merchant products includes a robust API, a physical handheld POS device tailored for retail establishments, and a range of digital e-commerce solutions. Byte Federal is enthusiastic about its role in the next stage of Bitcoin adoption.

“There is a growing demand for innovative tools that enable transactions outside the constraints of traditional financial systems, and these are the tools we are developing,” remarked Michelle Weekley, Director of Product Development at Byte Federal.

The launch of Byte Federal’s merchant POS system represents not only a milestone for the company but also a significant advancement in the global cryptocurrency landscape.

Kenneth Shortrede, Senior Software Engineer at Byte Federal, highlighted the global implications: “Observing the challenges faced by merchants in Argentina—ranging from inflation to conventional payment obstacles such as delays and high fees—underscores the necessity for a superior system. A decentralized Bitcoin-based solution could facilitate faster and more cost-effective global transactions for merchants.”

Headquartered in Florida, Byte Federal boasts a dedicated team offering expert integration support to merchants seeking to broaden their payment horizons.

About ByteFederal

ByteFederal is committed to reshaping economic dynamics through cryptocurrency, empowering individuals to build wealth through our innovative software solutions. Our mission champions the concept of sound money, liberated from central control, fostering an environment where free trade and genuine capital growth flourish. Drawing inspiration from historical progress and the potential of Bitcoin, we strive to enhance individual purchasing power and pave the way for a future where economic freedom and innovation reign supreme.

We are building a future where peer-to-peer financial services create a transparent, efficient economy, enabling personal prosperity and securing a brighter tomorrow.

Empowering prosperity with the principles of sound money. Join us.

Contact:

Director of Product Development Michelle Weekley Byte Federal Email: michelle@bytefederal.com