Pundi X Expands Crypto Payments to Venezuelan Department Store Chain
Max Boddy's original article for cointelegraph.com reduced by 42%
Cryptocurrency startup Pundi X has partnered with major Venezuelan chain Traki, who will now offer Pundi X's blockchain-based point-of-sale devices for crypto payments. The device, called XPOS, will reportedly allow Traki's customers to pay with top cryptocurrencies Bitcoin and Ether, as well as a number of other cryptocurrencies and Pundi X's native tokens. Traki's progressive use of cryptoWith 49 outlets in total, Traki is one of Venezuela's largest department store chains, per the report.
"Traki has been one of the early adopters of cryptocurrencies in Venezuela, which highlights its commitment to improve the traditional financial system We hope the XPOS further expands the crypto use cases that customers have come to expect from Traki." Michael Gomez, chief of the crypto assets department of Traki, also remarked that the company was committed to making crypto an accessible mode of payment in its stores. "At Traki, we aspire to offer the most convenient options for our customers, and cryptocurrency has proven to be an effective payment solution This partnership with Pundi X solidifies our commitment to make cryptocurrency as easy to use as fiat currency in our stores." Pundi X's move into PanamaAs previously reported by Cointelegraph, Pundi X expanded into Panama just five days ago via a partnership with blockchain development company Chainzilla.
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