Binance, the world’s leading cryptocurrency exchange’s token, BNB, is now available for consumers to pay for goods in shops around the world after it is listed on the Pundi X POS terminal. BNB joins about a dozen other cryptos on the latest version of the Pundi X POS which will progressively be rolled out to international retail stores this month.
thanks to @PundiXLabs for supporting BNB in their POS. One more utility, BNB payment on 5000+ POS this month, plus much more later. "After seeing how this works in person, I am very bullish on this tech!" https://t.co/IlsC56d75N
— CZ (not giving crypto away) (@cz_binance) July 25, 2018
Pundi X empowers blockchain developers and token holders to sell cryptocurrency and services at any physical store in the world, making cryptocurrency accessible to everyone. Their team operates globally in Jakarta, London, Taipei, Shenzhen, and Singapore.
Regarding this development, Pundi X CEO Zac Cheah said:
“Utility for holders has always been a central part of BNB’s reason for being, something which has been evident from the way it has successfully fueled the world’s largest cryptocurrency exchange. We’re proud to have a token of this stature included among the first dozen for listing on the XPOS as we prepare to place the device in the hands of international retailers and so extend additional use to BNB holders.”
“Binance has always believed in the power of markets and new blockchain infrastructure for industry. That means involvement in the global retail market via Pundi X’s blockchain-based point of sale device is a new frontier we’re excited to be a part of. That consumers will soon be able to use our token to buy real goods in real stores adds an exciting new dimension to BNB.”,
an official spokesperson for Binance said.
The partnership follows the listing of NPXS on Binance last month following Pundi X’s winning the Binance community coin of the month in June. Pundi X was obviously keen on adding BNB to the list of coins they offer. Since its creation less than one year ago, BNB has vaulted into the world’s top 20 cryptocurrencies and its market capitalization exceeds $1.7-billion USD.