South America Gets Its First Bitcoin ATM

Mercado Bitcoin’s CEO Rodrigo Batista said the ATM would be installed at one of the 300 booths at the massive annual technology gathering, which is expected to attract more than 100,000 visitors. The machine will be available to the public for the duration of the event, which runs from 27th January to 2nd February.  Mercado’s Bitcoin ATM is a Lamassu unit, so it only converts fiat currency to bitcoin, and not the other way around. The machine will charge a 2.5% fee for each transaction, which is the same amount Mercado Bitcoin customers pay.  Batista said the machine would be installed permanently somewhere in São Paulo’s financial district after the event.”

http://www.coindesk.com/south-america-first-bitcoin-atm/

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