Pundi X Blockchain-Based POS Integrates Crypto Payments Into Conventional Sales Terminals

Pundi X, a burgeoning crypto payments firm known for its Blockchain-powered Point-of-Sale solution, has finally been integrated into VeriFone’s POS. Announcing via a Press Release on July 12, the digital currencies payments startup confirmed that their system had eventually been incorporated into XPOS crypto payments module.

The module will be operating under works on a VeriFone-made X990 Android-based Point-of-Sale terminal. VeriFone, by its own right, is highly celebrated with many terming the company one of the world’s best PoS terminal makers.

VeriFone boasts of more than 35 million devices actively operating in over 150 countries. Furthermore, the firm amasses an estimated $1.8 billion in annual revenues, according to Crunchbase.

This new move will, however, expand the network of retailers willing to accept crypto payments in their outlets. They will enable payments made using digital currencies along with their normal traditional transactions, according to Pundi X.

One exciting thing with the device is that it automatically swaps fiat for cryptocurrencies and vice versa, doing this either via Pundi XPASS cards or XWallet app. Some of the coins supported by the XPOS-enabled devices already include BTC, ETH, Binance Coin (BNB), KuCoin Shares (KCS), Nem (XEM), Pundi X (NPXS) and Kyber Network (KNC).

It is only a year ago, in June, that the crypto payments startup unveiled Blockchain-powered POS devices, despite the country’s government maintaining a hard stance on cryptocurrencies. Back then, the company had made a bet that the government would start getting cozy with it within three years.

Elsewhere, Fold, another US-based payments startup, has earlier last week enabled Lightning Network payments on a list of top online retailers. The company made them possible at a host of them, including Amazon, Starbucks, and Uber.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide