TechFlow news, December 19 — According to Chainwire, Chicago-based fintech company Crypto Dispensers has announced the launch of Bitcoin POP (Point of Payment), a regulated cash-to-bitcoin system designed to replace traditional bitcoin ATMs.
Bitcoin POP allows users to add cash to their bitcoin balances through trained retail cashiers, using regulated financial channels and transparent transaction limits. The system implements stricter limits: $500 per transaction, $1,500 daily, and $5,000 monthly—significantly lower than the $50,000 daily limit common with traditional ATMs.
The company's founder and CEO, Firas Isa, said the bitcoin ATM industry's collapse is a black swan event waiting to happen.
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