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Paytomat
Paytomat
Published in
3 min readNov 2, 2018

Paytomat expands its scope and welcomes North America.

The US market, as well as the whole of North America, is a tidbit for any company from any sphere. A huge number of customers, high solvency, and early adopters of advanced technologies — it’s a perfect place for convenient and easy crypto payments. It is a place that needs Paytomat. In this article, we’ll take a look at the pros and cons of starting crypto projects in the USA and share some great news. Very soon you’ll be able to buy a cup of coffee at your favorite coffee shop with Bitcoin, Litecoin, Ether, or other your preferred crypto.

The Situation

When it comes to adopting crypto in the United States, skeptics are often reminiscent of legislative regulation. Indeed, there is always some negative news. You may stumble now and then upon an article about how the government wants to tighten crypto circulation, how the SEC issued a resolution on a new ban, or that another banker warned people to not buy crypto.

But here’s the catch. Practically all these news relate to large capitals and business topics. The situation with ordinary people is somewhat different. The United States Federal Government has not yet put in place a set of laws that would regulate the classification and usage of cryptocurrency in the country. Each state decides for itself how to treat crypto. This has led to the fact that you can find both crypto-friendly, and crypto-inhospitable places within one country. The good news is that the number of first ones prevails.

Every month a lot of industry events are held, crypto startups are launched, and everyday exchanges continue to trade. Accordingly, the crypto enthusiasts are feeling great, and therefore they want and can dispose of their assets. Moreover, there is a significant motivation to spend crypto instead of withdrawing it, due to the lack of the need to pay taxes on income from trading or hodling. That’s where Paytomat comes on stage.

The Business

Just a month ago we announced the strategic partnership with The American Nightlife Association (ANA) aimed at facilitating cryptocurrency adoption in bars and nightclubs located in the USA. This organization unites over 30,000 merchants, protects and advocates for the positive economic, social and cultural contributions of the nightlife & hospitality industry. The American Nightlife Association is establishing a strong united collaborative voice and unites government and neighborhood organizations to develop ‘best practices’ standards, as well as provide education, training, and certification. It also works hard to identify and de-escalate potential problems within the industry.

Based on our partner’s observations, a new payment method in a bar or a cafe has a positive effect on the business. Adopting it is a demonstration of your desire to keep up with the times. It is also an expansion of the target audience because it attracts a new type of customers — crypto fans. Very soon the first place to receive these benefits, thanks to Paytomat, will open it doors in the USA.

Before the official big launch, we will keep the details of our appearance on the market in secret, but the good news is that you can be the first to know them if you live in Los Angeles. Yes, our expansion begins with this city.

On the 6th, we are waiting for you at the Insomnia cafe at 6 pm on November, 6 at 7286 Beverly Blvd, Los Angeles, CA *. What is going to happen there? You will see for yourself.

Here we come, USA!

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