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Bitcoin Payment & Exchange Terminal

Bitcoin Payment & Exchange Terminal

Easily Accept Payments or Buy and Sell Bitcoin (or Litecoin) from Coinkite Debit Cards or any other Wallet by QR code!

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Coinkite’s payment terminal allows you to switch between Retail or Exchange Mode with these powerful features:

Exchange Mode

  • Sell Bitcoin/Litecoin to anyone, anywhere. It’s like a Bitcoin ATM, but you can take it anywhere!
  • Buy Bitcoin, Receive Bitcoin from QR code invoice or a Coinkite card
  • Print Paper Wallets with private key and also redeemable online
  • Print Vouchers with PIN and redeemable online
  • Exchange Rate Markup can easily be set by you
  • Scan to Pay the sold coins directly into your customer's wallet

Retail Mode

  • Accept Bitcoin from any wallet by printing a QR code
  • Accept Debit Cards from Coinkite users
  • Receive Tips by simply choosing the amount
  • Book Keeping with options for Table Number, Invoice Number, etc...
  • View Unpaid Bills on screen list of unconfirmed transactions for each table
  • Add Markup by setting your exchange premium. It will be automatically added to all fiat conversions
  • Double Receipts option; receipt for yourself and the customer

Service Agreement Simplicity

  • No Contract, the terminal is yours.
  • White Label, use it with your brand.
  • Great Support, ask us anything.

Where can I find locations?

Check out our map of terminal locations!

What is the Coinkite POS Terminal?

The Coinkite terminal will finally enable you to buy, sell and accept bitcoins in a robust way. Operating just like a conventional credit-card payment terminal, this fully-customized device works exclusively with crypto-currencies such as Bitcoin and Litecoin. Field-proven resilient hardware, easy to understand—and ready to be dropped—by your cashiers and customers.

Some of its features:

  • Exchange and Retail Modes
  • Allows transactions in Bitcoin without a computer, tablet, phone, or other hardware.
  • Connects through GSM and Wi-Fi, which are available worldwide, so it can work anywhere!
  • High-quality laser QR code reader can scan Bitcoin address codes in addition to using Coinkite cards.
  • Integrated receipt printer prints QR codes on easily readable receipts.
  • Accepts and issues Coinkite's debit cards.
  • Sell preloaded Coinkite Cards.
  • Accepts payments from any Bitcoin user regardless of wallet host (including Bitcoin-QT, Coinbase, Bitstamp, BIPS, and others).
  • Allows buying and selling your Bitcoins at retail prices.
  • Allows you to print exchange rates at any time.
  • Adjustable exchange rate for conversion to or sales in your currency.
  • Print invoices.
  • Auto-convert or forward funds to any third party.
  • ... and a lot more!

If you don't have a Coinkite account yet use this link.

Exchange Mode

Retail Mode

Why use that if I can just use my phone or tablet?

The purpose of our terminal is to improve the bitcoin experience in a few different ways:

  • Our terminal is much more solid than a cell phone
  • Integrated receipt printer allows both parties to walk away with paper proof of transaction
  • Customers are used to seeing this type of handheld payment terminal
  • Retailers often employ cashiers who may not be comfortable using a laptop
  • A specialized device is less attractive to thieves

Of course, since Coinkite works well on mobile smart phones, you are certainly welcome to use a phone for retail payments.

Can I convert back into fiat (government money)?

Yes, we enable you to auto forward to any exchange of your choice.

Why not just use the same terminal as Visa, Mastercard and so on?

The incumbent players in the payment industry are interested in protecting their existing revenue streams and have not exactly been jumping onto the Bitcoin bandwagon. In fact, they may be actively interfering with its adoption.

Coinkite was founded to create a parallel and new system of payments that works entirely on crypto-currencies. Having a physical machine at one end of the payment path is a key part of that goal.

As far as the POS is concerned, we are using PCI-certified hardware and our own specialized software.

All the hardware security features of this terminal required by Visa and Master card, do remain in place.

Why would anyone want to carry the Coinkite card?

Our unique Coinkite card has a bitcoin address on the back: this allows you to present the card to any bitcoin user (not just Coinkite users) and accept a payment from them on the spot. The funds will appear in your Coinkite account without any effort on your part.

The card can also speed your use of the Coinkite terminal, so if you make frequent visits to an establishment with the terminal, your checkout process is much faster and more secure.

In time, we will offer additional programs and benefits to our card holders.

How can I test drive the terminal back-office system?

You can now access the terminal management system without owning a terminal.

Please visit all the pages and experiment! You can't change any of the profile text, but most other settings can be changed and they will be saved until you logout.

How much does the terminal cost?

Go to Store

Does the terminal work over WiFi or Cellphone (GPRS)?

Yes, both Wifi and Cellphone (GPRS) options are included in the standard payment terminal.

We ship your terminal with a pre-paid SIM card, which is free for a limited time. We reserve the right to limit or withdraw this promotion at any time without notice.

Can the Terminal connect without Wifi in remote locations?

Yes, the Exchange/Retail terminal comes with internal GPRS (Cell Phone), we currently provide the SIM and pay for the service. This may change in the future.

Can customers pay with other wallets?

Yes, the terminal prints a QR code on the bill for them to scan.

Can I program the terminal to automatically charge a premium (mark-up) percentage?

Yes, you can set a mark-up on the exchange rate.

You can also choose which public bitcoin exchange is the reference value for the spot rate, or use Coinkite's exchange rate as the reference.

Do my users need to have a Coinkite debit card to be able to buy/sell with me?

No, they can use any wallet they want.

Does this terminal integrate with other wallets to send and receive? (e.g.: Coinapult, Coinbase, Bitstamp, BitFinex, etc...)

Yes, it is a Bitcoin (and Litecoin) device and inter-operates with any wallet or service that can send coins to a QR code printed on a receipt.

The POS can also scan directly from the screen of a smart phone or laptop (and paper of course).

Do they have skimming or tamper protection?

Yes, these terminals have the same physical security features as PCI-certified hardware.

Does it work with registers and POS or is it strictly standalone?

Integration with standard POS systems is on our roadmap, and the hardware platform already includes the required RS-232 serial port.

How does this work out with confirmations, would the consumer have to wait 10 minutes?

We can immediately confirm amounts from customers that are using Coinkite's accounts, and in other cases, we offer the choice to the retailer as to how many confirmations they require. We feel that if you are transacting small amounts, then accepting zero confirmations (for instant payment) may be a reasonable risk.

Why not just use computer, tablet or smart-phone?

Those can be used, but a special-purpose machine has these advantages:

  • General purpose hardware is more desirable for theft.
  • Our terminals already work with current Registers and Point-of-Sales by serial port.
  • Computers, tablets and smart-phones are more expensive (iTablets start at $300 + Case $50 + POS Stand $200)
  • Computers, tablets or smart-phones are more fragile: they will break if dropped.
  • Our terminal hardware is field-proven in Restaurants, Convenience Stores, General Retail, Clubs & Bars, Spas, etc...

Do you have an affiliate program for terminals?

Yes we do! It's easy to get started and includes recurring revenue both from memberships, terminals sold and terminal transaction activity.

Can I use it in the jurisdiction I run my business?

Merchants using the terminal must comply with all legal requirements in any location where they are made available to users. It is the buyer’s obligation to understand and conform to all local laws.

What hardware warranty do you offer?

  1. Coinkite warrants against defects in materials and workmanship under normal use for a period of 1 year.
  2. We do not warrant batteries or provide replacement thermal paper rolls.
  3. Hardware repair — when we receive your damaged unit, we'll either repair it or send you a replacement. You pay for shipping your unit, if the replacement or repair is authorized we pay for shipping it back to you.
  4. Hardware exchange or advanced replacement — when we receive your Terminal, we’ll replace it or, with the hold of a deposit in bitcoin, we’ll cross ship your replacement before we receive it. In both cases, you pay for shipping your unit.
  5. Replacement parts can be ordered and are subject to availability.
  6. Use of Coinkite Hardware is subject to our Terms of Service.

Request Repair & Order Parts

Where can I find the manual of operation?

You can find the up-to-date manual here.