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World’s first NEM based point-of-sale terminal is launched by Pundi X

Laira Rebecca

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World’s first NEM based point-of-sale terminal is launched by Pundi X
Source: Pexels

Pundi X, the Indonesian based blockchain startup has launched the world’s first blockchain based point-of-sale terminal device called Pundi XPOS. The POS device makes the cryptocurrency to fiat or fiat to cryptocurrency transactions easier for retail store owners.

XPOS

XPOS

The transactions can be done by choosing any cryptocurrency together with fiat money (Dollars, Rupiah, Baht, etc). BTC, ETH, XEM, XLM, QTUM, PXS and many other cryptocurrencies are available for transactions. Retailers and consumers can also use a bank card, mobile wallet or Pundi X PASS for easy transactions depending upon the market trend.

XPOS is connected directly to the blockchain so that each and every transaction will be recorded.

Pundi X has announced its recent launch of the first NEM based point-of-sale terminal. These XPOS devices will operate solely and exclusively on NEM blockchain. The device is named as NEM XPOS. TXPOS device will be connected to the NEM blockchain through XPlugins. Blockchain developers can now connect to their digital wallets via Pundi X platform API.

XEM token and two other XEM Mosaic tokens, viz, PXSXEM and XAR. The team confirmed that they will be adding more number of XEM Mosaic tokens in the future.

Lon Wong, the Former President of NEM.io says:

“NEM has tied up with Pundi X and are working together to solve the biggest challenges faced by all blockchain developers and their users by making it easily accessible for mainstream consumers to use it in their daily lives”

A cryptocurrency enthusiast says:

“Omg i will send all of my eth to u for giveaway”

Kiran Kumar, a cryptocurrency trader says:

“No volume in small exchanges… partnership does not make any impact . Plan for big exchanges”

20,000 NEM POS devices are planned to produce by Pundi X at present. These devices will be delivered to NEM Foundation and its partners.

CEO of Pundi X, Zac Cheah says:

“When consumers perform blockchain transactions, speed matters the most, for a better user experience, This is the main reason behind why we are integrating NEM private chain in our pilot XPOS devices.”




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Laira is a full-time writer at AMBCrypto. She is a Computer Science graduate and she has about 1-year experience in writing. Her enthusiasm and keen interest in developing her knowledge about blockchain and cryptocurrency led her to be a part of AMBCrypto. She currently does not hold any value in cryptocurrency or its projects.

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