Pundi X, a crypto payments startup,has recently made an announcement stating that it has made an its crypto payments system has recently been integrated into the X990 Android-based POS terminal, which is made by Verifone, an American Point of Sale (POS) systems producer. The development was announced via a press release published on the 12th of July.
The integration of the XPOS crypto payments module on the terminal by the startup is an exciting development indeed, especially considering the fact that Verifone happens to be one of the largest producers of such devices globally. As a result of this initiative, a very large group of retailers will now be able to accept crypto payments. The startup notes:
“With this integration, shops and retail outlets using the VeriFone X990 with XPOS module activated will now be able to process cryptocurrency payments alongside traditional transactions.”
The XPOS-enabled devices will help users make payments through a plethora of cryptocurrencies, such as Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), KuCoin Shares (KCS), Kyber Network (KNC), Nem (XEM), and Pundi X (NPXS). The device will facilitate automated exchanges between fiat and crypto while the transactions are on. The transactions will be made using the Pundi XPASS Cards or the XWallet app.
Yiannos Papadopoulos, Asia Pacific President, Verifone commented:
“We’re excited to work with Pundi X in integrating its innovative technology within our devices
Having blockchain technology in the X990 will revolutionize how our partner retailers transact with a new generation of customers carrying cryptocurrencies.”
This new development is a welcome one for the crypto world as it will facilitate a wider network of crypto payments.