RATE Group | PundiX’s Crypto Cash Registers Will Be Installed in 49 Retail Stores Across Venezuela
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PundiX’s Crypto Cash Registers Will Be Installed in 49 Retail Stores Across Venezuela

22 Aug PundiX’s Crypto Cash Registers Will Be Installed in 49 Retail Stores Across Venezuela

Posted at 23:02h in Cryptocurrency News by

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Venezuela’s largest department store will install blockchain-enabled cash registers in its 49 retail outlets.

The megastore operator Traki announced August 22, it will integrate Singapore-based Pundi X’s point-of-sale device, XPOS, to offer a cryptocurrency payment rail for shoppers.

Already available in 30 countries, Pundi aims to sell 100,000 XPOS devices by 2021. This is part of the firm’s plan to introduce cryptocurrencies for everyday use, through an ecosystem of financial products like its XPASS crypto debit cards and Xwallet.

“We made the XPOS with the mission of creating real-life use cases for blockchain technology, and this couldn’t be better represented than Traki shoppers paying for their daily needs with cryptocurrency,” said Pundi X CEO, Zac Cheah.

Cheah continued to say that Traki has been an early adopter of blockchain technology in Venezuela.

“At Traki, we aspire to offer the most convenient options for our customers, and cryptocurrency…

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