Pundi X Launches Card Readers Which Also Accept Crypto

Pundi X Launches Card Readers Which Also Accept Crypto

Pundi X, a cryptocurrency payments startup company, has announced that it has launched a payments system which accepts both traditional debit and credit cards, as well as crypto payments. This innovative integration was done using a VeriFone point of sale device, which is used by a large number of retailers in America and across the world.

According to a press release, Pundi X succeeded to run the XPOS crypto payments module onto the X990 Android point of sale device. As a result, merchants will now be able to accept both forms of payments without requiring multiple devices.

This solution promises to support a variety of cryptocurrencies, including Bitcoin, Ether, Binance Coin, and more. Crypto to fiat conversion will be automatically carried out by the device on each transaction. Users can make crypto payments using the XWallet app or the Phndi XPASS card. It is expected that once the solution has grown in popularity, more of the best crypto wallets will also be accepted.

Verifone, the provider of the device, has an estimated 35 million devices located in 150 countries. The company generated a revenue of close to $2 billion annually. Whilst there is currently limited availability of this new breed of POS devices, crypto users can already purchase goods using Bitcoin today.

Recently Similar News

Latest Guides

Latest News

Binance,Bitcoin,Decentralised,Ethereum

Binance Reviews The Month In Cryptocurrency And Highlights DeFi

Binance, the online cryptocurrency exchange, has released their monthly review, highlighting the historic rise of decentralized finance. Binance, the largest cryptocurrency exchange in the world by volume, has recently released their monthly review of the cryptocurrency space, highlighting the massive growth in the decentralized finance (DeFi) sector. Besides the launch of Binance Smart Chain, Binance […]

18 September, 2020
Bitcoin,Coinbase,Cryptocurrency,Decentralised

CoinMarketCap Identifies Bullish Events for Bitcoin and Explains the Drama Behind SushiSwap

CoinMarketCap, the world’s largest cryptocurrency market cap aggregator, has released an opinion piece on events surrounding Bitcoin and all the drama behind the SushiSwap saga. CoinMarketCap, the large online cryptocurrency market capitalization aggregator, has created an analysis on events surrounding Bitcoin and the craziness surround the latest DeFi craze, SushiSwap. The main event related to […]

18 September, 2020
Decentralised,Ethereum,Exchange Platforms,Trading

Uniswap Launches UNI Governance Token With Airdrop

Uniswap, the large decentralized exchange, has recently launched their governance token, UNI, and have given away 15% of the token to users. Uniswap, the Ethereum based decentralized exchange and decentralized financed (DeFi) application, have recently launched the governance token, UNI, and have airdropped a large portion of the token supply. All in all, Uniswap distributed […]

17 September, 2020
Bitcoin,Changelly,Cryptocurrency,Exchange Platforms

Changelly Explains The Concept of Short Selling

Changelly, the online cryptocurrency exchange, has recently released an article on short selling and how you can take advantage of it as a user. Changelly, the larger online cryptocurrency exchange, has created a blog post highlighting short selling and what their users can do to take advantage of this trading feature. Short selling can take […]

16 September, 2020
Cryptocurrency,Exchange Platforms,IQ Option,Trading

IQ Option Identifies Habits of Successful People With “Million Dollar Habits”

IQ Option the online cryptocurrency exchange and CFD platform, has identified a few million dollar habits that successful people tend to follow. IQ Option, the cryptocurrency trading and CFD platform, has created a blog post highlighting “Million Dollar Habits” or habits that are frequently seen across successful people. The post starts by identifying the “stereotypes” […]

16 September, 2020
Binance,Bitcoin,Decentralised,Trading

Binance Introduces and Launches A Second Project: The Wing Project

Binance, the largest online cryptocurrency exchange, is launching a new project known as The Wing Project, a cross-chain DeFi platform for Binance users. Binance has recently launched their second large project, The Wing Project, which will continue to bring more DeFi applications to Binance users. The Wing Project is a “credit based, cross-chain DeFi platform” […]

15 September, 2020
Bitcoin,CoinMarketCap,Cryptocurrency,Decentralised

CoinMarketCap Launches The CoinMarketCap Earn Campaign With Kava

CoinMarketCap, the largest online cryptocurrency market capitalization aggregator, has launched their Earn Campaign with Kava. CoinMarketCap Earn, a subsection of CoinMarketCap, the cryptocurrency market capitalization aggregator, allows users to earn tokens in exchange for learning about the background of the token. CoinMarketCap facilitates this program by creating educational videos about the token’s background, properties, and […]

15 September, 2020
Bitcoin,Cryptocurrency,Kraken,Trading

Kraken Exchange To Cut All Futures Taker Fees For All Traders

The Kraken cryptocurrency exchange will be cutting taker fees across the board for all of its traders. Kraken, the online cryptocurrency exchange, will be cutting all taker fees across the board for all of its traders. Kraken will be cutting taker fees by at least 33% for all of their clients (from 7.5bps to 5bps). […]

15 September, 2020