фото показано с : blokt.com

Pundi X has created the world’s first blockchain-based point-of-sale (POS) terminal that could support multiple currencies and help in better crypto adoption across the globe. It will now move to a promising emerging market — Brazil. The Pundi X POS terminal will be brought to Brazil by the country’s leading over-the-counter (OTC) service provider, BitCapital. The POS will be available in at least 1,000 locations.

The partnership comes just over a week after Pundi X announced its South American headquarters in Brazil. Both parties describe the partnership as a natural fit. As one of the largest OTC entities in Brazil for cryptocurrencies, BitCapital could be the vehicle that Pundi X needs for rapid expansion in the southern Americas.

BitCapital is busy developing a payment infrastructure network in the country. It will be used to create crypto-to-fiat transaction methods smoother. With the help of 1,000 Pundi X POS terminals, this task will become easier. The terminals will be distributed to retail outlets across the country.

Pundi X realizes that an emerging market like Brazil could help in creating a better crypto business. Commenting on the same, the company’s co-founder and CEO Zac Cheah said:

“In a region fast gaining a reputation as a center for cryptocurrency to enter, the Brazilian market is an ideal point of entry, and the demand from merchants has validated our expansion strategy into South America.”

He said that BitCapital is an ideal partner for their firm to debut in Brazil and added:

“Not content to be an OTC leader in a market of global significance they are looking to take on banks and deliver a new payments solution.”

BitCapital founder Ricardo Guimaraes Filho is certain that Brazil will bring growth to the crypto markets. He said:

“Brazil and Sao Paulo lead on every metric when it comes to traditional finance and tech in South America. Yet, crypto lags unaccountably behind. We think we know why: the answer is a crypto-friendly bank that facilitates adoption.”

He also said:

“There’s only one game in town at the moment for easy, understandable solutions for crypto adoption and that’s Pundi X. We’re thrilled to be partners”

Pundi X has also signed an exclusive distribution arrangement with Manticora Capital last week, which is to debut in the Colombian market. This gives the company two major deals in South America.

Bitcapital to Bring 1000 Pundi X Point of Sale Terminals to Brazil was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

313 +