Big News in Crypto Tech
In a groundbreaking partnership, French payment giant Ingenico has joined forces with Singapore-based crypto startup Pundi X. This dynamic duo has set their sights on making cryptocurrency payments as easy as pie, literally at your local convenience store. Announced on November 12, the integration makes it possible for businesses to accept various cryptocurrencies via Ingenico’s mobile payment solution, the APOS A8.
What’s in the Works?
The heart of this partnership is Pundi X’s innovative point-of-sale (POS) payment gateway, known as XPOS. By embedding this magical device into Ingenico’s Android-based APOS A8 terminals, merchants around the globe can now take payments in an impressive variety of cryptocurrencies. Get ready to have your morning coffee paid for with Bitcoin, or maybe even treat yourself to a croissant using Ether!
How Does It Work?
Using the XPOS module installed on Ingenico terminals allows customers to pay with several cryptocurrencies, including:
- Bitcoin (BTC)
- Ether (ETH)
- Binance Coin (BNB)
- NEM (XEM)
- QTUM
- And more!
Transactions will move seamlessly through Pundi’s XWallet mobile app or XPASS, their physical multi-currency crypto card. Ingenico has even promised that, at any retail location, customers will find conversion rates between fiat currencies and cryptocurrencies right at their fingertips!
The Vision Behind the Partnership
As cryptocurrency slowly infiltrates our lives, Ingenico’s senior VP for Asia Pacific, Marcus Low, believes this partnership is a pivotal shift towards establishing cryptocurrency as a dependable payment option worldwide. Who wouldn’t love buying a slice of pizza with crypto, right?
Trading Partners in the Crypto Community
Pundi X isn’t just stopping with Ingenico. They’ve been actively pushing their XPOS technology into the global market, making significant strides in places like Venezuela and Panama. So if you thought cryptocurrency was just a fad, think again. It seems like it’s here to stay, and it’s time to get on the blockchain bandwagon!
