I am small tech store owner and I was recently thinking about selling bitcoins for cash into my store. A lot of clients asked me if I could install a BTC ATM in my store.
But investing in an ATM machine isn't possible for me at the moment. So I wondered if I could possibly sell them for cash directly. The question is: is there any service out there that provides an API to buy bitcoins with my credit card and send them to the client's wallet directly ?
I could possibly create that API myself and send the Bitcoins from my wallet but that would mean that I'll have to invest in Bitcoin and could possibly be losing if the BTC price falls down.
Do the ATM companies actually own Bitcoins ? Or are they purchasing them when someone uses the device ?