Pundi X Onboards Binance Pay to Offer Seamless Crypto Transactions
SINGAPORE, 24 February 2023 /PRNewswire/ — Pundi X proudly announces its latest partnership with Binance Pay. This partnership will bring Binance Pay, Binance’s payment service, to Pundi X’s XPOS devices, enabling thousands of merchants in 30 countries to more easily accept cryptocurrency payments.
Binance Pay, powered by Binance, allowing users to easily manage their crypto assets and complete transactions from their Binance account. In addition, Binance Pay has built-in security features, such as support for multiple signatures and secure key management, to help ensure the safety of users’ funds.
“The collaboration underlines our commitment to efficiency crypto transactions accessible to all,” said Pundi X CEO and co-founder Zac Cheah. “Binance’s influence in crypto industry makes this partnership a great opportunity to bring more users and sellers into the blockchain ecosystem.”
Pundi X’s XPOS devices have been deployed in over 30+ countries, from Turkey to Brazil to Japan. As a cutting-edge point-of-sale solution, it offers brick-and-mortar retailers the ability to accept cryptocurrency payments, offering customers a smooth transaction experience. As a result, XPOS has become a truly widely used blockchain-based point-of-sale solution worldwide.
“We are excited to allow Pundi X to bring Binance Pay to its blockchain-based XPOS devices,” said Pakning Luk, Regional BD Manager of Binance Pay, “Combining the efficiency, security and accessibility of both Binance Pay and XPOS will hopefully drive further the widespread adoption of cryptocurrency as a means of payment.”
About Binance Pay
Binance Pay is a contactless, borderless and secure user-to-user cryptocurrency payment function on Binance. Binance Pay allows users and merchants to send and receive crypto payments worldwide without incurring special handling fees for use crypto.
About Pundi X
Located in Singapore, Pundi X was founded in 2017 with the goal of harnessing the power of blockchain technology to make a safer and more inclusive world. The company is responsible for developing XPOS, a smart device that enables physical stores to shop on the blockchain. The company currently has offices in JakartaSão Paulo, Seoul, Taipeiand Tokyo.
Pundi X has also been selected as one of the Top 50 Innovative Fintech Startups of 2018 by KPMG and H2 Ventures, Cool Providers in Blockchain Business by Gartner, and Top 10 Fintech Leader by the Singapore Fintech Association.
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SOURCE Pundi X
