RATE Group | Chainzilla and Pundi X to Enable Retail Bitcoin Payments in Panama
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Chainzilla and Pundi X to Enable Retail Bitcoin Payments in Panama

17 Aug Chainzilla and Pundi X to Enable Retail Bitcoin Payments in Panama

Posted at 13:16h in Bitcoin News by

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Cryptocurrency startup Pundi X announced that its point-of-sale payment gateway (XPOS) will soon be launched in Panama and its surrounding regions. Blockchain development company Chainzilla joined the initiative as a local distributor.

Combining cryptocurrency and traditional payments in one terminal

On Aug. 14, Cointelegraph in Spanish spoke with Chainzilla CEO, Charles Gonzales, to find out more details. According to Gonzales: 

“Recently, Pundi X integrated its module into the Verifone X990. This is an important development because this payment processor is compatible with both cryptocurrency and traditional payments. […] That means that a seller can process crypto payments alongside other Visa and Mastercard payments, it’s all in one device.”

As well as acting as the distributor of the XPOS terminals in Panama, Chainzilla will launch tools for merchants to immediately convert their Bitcoin (BTC) and other cryptocurrency payments into the local currency or…

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