• Fri, 20 Sep 2019, 06:19 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Pundi X brings XPOS crypto payments to Venezuela's Traki retail stores

Fri, 23 Aug 2019, 08:50 am UTC

Traki, the largest department store in Venezuela, has partnered with Singapore-based Pundi X to integrate blockchain-based cash registers in 49 retail outlets.

Traki has been one of the early adopters of cryptocurrencies in Venezuela, which highlights its commitment to improve the traditional financial system,” Zac Cheah, Pundi X CEO, said.

As per an announcement, the megastore operator will install Pundi X’s point-of-sale device, XPOS, to offer a crypto payment rail for customers.

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,” Cheah noted.

The XPOS payments systems support a number of cryptocurrencies including bitcoin, ethereum, Binance’s BNB stablecoin, and Pundi X’s own NPXS and NPXSXEM tokens.

Michael Gomez, Chief of Crypto Assets Department of Traki, said that the collaboration strengthens its goal to make cryptos as easy and convenient to use as fiat in stores.

At Traki, we aspire to offer the most convenient options for our customers, and cryptocurrency has proven to be an effective payment solution,” Gomez said.

Following the installation, Traki is now a part of Pundi X’s global payment ecosystem, which currently has nearly 300,000 users of XWallet, its mobile crypto wallet, and holders of XPASS, its physical transaction card for crypto payments. Pundi X, which is present in 25 countries worldwide, targets to roll out 100,000 devices to the global retail market by 2021.

Just recently, major Austrian telecom operator A1 also revealed its plans to accept cryptocurrencies for payment at chosen store locations within the country. Serving 5 million mobile users and 2 million fixed lines, the network is setting up modes of payments for bitcoin, ether, XRP, litecoin, stellar, and dash. The initial rounds of testing will host payments for Alipay and WeChat pay by month-end.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • victoriafacio733
  • 2019.08.24 11:03:35
Please I think genuine recovery consultant do not advertise themselves. I am not used to 
writing reviews but because of my personal experience it is only nice of me to share. people 
need to be warned and knowledgeable about binary options before investing. I lost my life 
savings to this and I’ve always wonder why the Government have refused to put a sanction on 
these unregulated scums. 
Well, truth is I was lucky to meet mr Alex who is an expert in financial fraud and asset 
recovery, He’s a consultant with Wealth recovery International and also own a tech company that 
runs forensics on cybercrime. Very trusted and reliable, He helped me recovered all my 
investment from recover btc. If you need help to recover your money, CONTACT:recbtc17 at g mail dot com. OR TEXT/WHATS APP +15187224413
  • 0
  • ·
  • 0
  • victoriafacio733
  • 2019.08.24 11:02:04
Please I think genuine recovery consultant do not advertise themselves. I am not used to 
writing reviews but because of my personal experience it is only nice of me to share. people 
need to be warned and knowledgeable about binary options before investing. I lost my life 
savings to this and I’ve always wonder why the Government have refused to put a sanction on 
these unregulated scums. 
Well, truth is I was lucky to meet mr Alex who is an expert in financial fraud and asset 
recovery, He’s a consultant with Wealth recovery International and also own a tech company that 
runs forensics on cybercrime. Very trusted and reliable, He helped me recovered all my 
investment from recover btc. If you need help to recover your money, CONTACT:recbtc17 at g mail dot com. OR TEXT/WHATS APP +15187224413
  • 0
  • ·
  • 0
More
  • Bitcoin (BTC) $10,152.30 (+0.94%)
  • Ethereum (ETH) $216.80 (-1.82%)
  • XRP (XRP) $0.290000 (-4.36%)
  • Bitcoin Cash (BCH) $314.02 (-1.07%)
  • Litecoin (LTC) $74.46 (-3.11%)
  • Bitcoin (BTC) $10,152.30 (+0.94%)
Sep 20, 2019 (Friday)
14:09
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
14:08
Crypto Technicals: LTC/USD Technical Analysis Summary
12:44
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:57
Azerbaijan's State Customs Committee seeks to exchange information with global counterparts via blockchain
10:17
Coinbase considers listing 17 new digital assets including Kadena and Telegram
10:08
Crypto Technicals: ETH/USD consolidates previous session's gains, bias bullish above 200-DMA
09:56
US Congress’ upcoming hearing with SEC to focus on cryptocurrencies and Libra
08:41
Crypto Technicals: BTC/USD retraces from 3-week lows, resumes range trade, bias neutral
07:01
Square Crypto taps former Google, Facebook and Lightning Labs execs for inaugural developer team
06:22
Crypto Technicals: XTZ/USD struggles at 200-DMA resistance (1.1209), break above to see further gains
06:22
Bank of America joins blockchain-based trade finance network Marco Polo
05:25
Patrick Byrne sells off his $100M Overstock stake to buy cryptocurrencies, blames 'deep state' and SEC
05:14
Early ethereum supporter Steven Nerayoff faces $12M cryptocurrency extortion charges
05:09
Crypto trader Genesis acquires Qu Capital to bolster trading technology
04:30
Crypto Technicals: IOT/USD Technical Analysis Summary
03:43
Pakistan's Faysal Bank becomes the country's first bank to adopt Ripple's xCurrent technology
03:40
All 7-Eleven stores in the Philippines now sell bitcoin, thanks to the new partnership of Abra, ECPay
03:37
Arab Bank Switzerland partners with Taurus to offer cryptocurrency services to its wealthy clients
03:34
IBM, Citibank, Ubisoft signed up as corporate partners of Singapore's blockchain accelerator Tribe
Sep 19, 2019 (Thursday)
12:27
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft