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In a press release issued on July 12, Pundi X, Pundi X, announced the integration of its encrypted payment system into a device manufactured by the American point-of-sale system manufacturer (Ver), VeriFone.
Since the release, the startup has integrated its XPOS crypto payments module with VeriFone's Android X990-based payment terminal, which would be one of the world's leading manufacturers of this type of device. The initiative aims to enable a wider network of retailers to accept cryptocurrency payments. The startup says:
"With this integration, stores and stores using the VeriFone X990 module with the activated XPOS module will now be able to process cryptocurrency payments alongside traditional transactions."
XPOS-enabled devices support Bitcoin (BTC), Ether (ETH), Binance (BNB), KuCoin (KCS), Kyber Network (KNC), Nem (XEM), and Pundi X (NPXS) payments. The device will automatically trade between fiat and cryptocurrency during transactions, which can be done with Pundi XPASS cards or with the XWallet app.
According to the press release, VeriFone has more than 35 million devices in more than 150 countries. Crunchbase estimates the company's revenue at $ 1.8 billion a year.
In June, Pundi X began deploying its cryptocurrency payment systems in Indonesia, betting that the central bank would abandon its anti-cryptocurrency position within three years.
Earlier this week, Fold, the US-based payments startup, made Lightning Network payments available to Amazon, Starbucks, Uber and other major retailers.
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