Ownership transfers

GENERAL BYTES hardware and software is licensed. To operate the machines and server, all licensing fees must be paid and up-to-date. Software licenses are not transferable. To transfer machine ownership, you will need to contact GB and get explicit approval(s).

The transfer of machine ownership from one Licensee to another is only possible when the previous owner has paid all outstanding licensing fees to GB.

Before purchase, please contact the GB Sales department to verify that the serial numbers of the machines under consideration are suitable for transfer. This will protect you from purchasing any machines that won’t work due to unpaid licensing fees.

Uncommonly cheap machines, i.e. offers that are “too good to be true,” frequently come from bankrupt Operators that have outstanding unpaid invoices from GENERAL BYTES.

When acquiring another Operator’s Bitcoin ATMs, or purchasing used BATMs, please follow these steps:

1. Ask the GB Sales department whether the entity selling the used machine has any outstanding/unpaid licensing fees.

2. Supply GB with the list of serial numbers of the machines you plan to purchase. GB can quickly tell you if those serial numbers have any outstanding licensing fees.

3. Supply GB with the original Operator's business entity name, and the receiving Operator’s entity name to which the machines should be transferred.