Selling crypto through PayPal with Pundi X

Selling crypto through PayPal with Pundi X
  • Pundi X has just implemented PayPal support for its point of sale device named as Xpos. 
  • This integration will take place with United States based merchants who use Xpos being able to apply for PayPal based keyed transactions. 

Pundi X, a Singapore-based blockchain company has just implemented PayPal support for its point of sale device named as Xpos. 

This integration will take place over two stages with United States based merchants who use Xpos being able to apply for PayPal based keyed transactions. 

This makes PayPal the first mobile payment gateway to be integrated onto Xpos with users from all over the world in 30 different countries being able to accept funds through the payment processor.

From here, a PayPal app is expected to be integrated onto all of these Xpos devices later this month which would complete the rollout.

The company that specialises in blockchain has decided to launch this implementation after they conducted a poll on Twitter which asked their followers which mobile payments up there was like Xpos to support first. 

PayPal was the clear winner as it got 70% of the vote which beat Alipay, and GoPay and so on.

The Chief Executive and co-founder of Pundi X, Zach Cheah emphasised that these integrations would help drive adoption to blockchain-based services and products outside of the crypto space. 

He further said:

“To be able to support a leading online payment provider in our XPOS devices can give people more confidence in using them, and can move usage of blockchain technology closer to the mainstream."

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

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