Pundi X is a Singapore-based Web3 and AI tech firm that has developed an innovative solution for cryptocurrency payments at retail stores.
Pundi X pay, which features the InStore Omni-QR Code, is designed to make it easier for both merchants and consumers to accept cryptocurrency. The new Pundi X Pay, featuring the InStore Omni QR Code, promises to simplify and enhance the process of accepting cryptocurrency payments for merchants and customers.
InStore Omni QR Code is part of Pundi X’s broader strategy for integrating cryptocurrencies in mainstream commerce. It provides a solution that’s advanced.
The wallet supports over 500 applications including the major players such as WalletConnect, Binance Pay and others. Users can choose to use their favorite cryptocurrency, blockchain, or wallet.
Crypto payments scaled with Pundi Pay
This system offers flexibility and convenience by offering both digital receipts to merchants as well as customers, while also enabling multi-chain transaction with AI precision.
Zac Cheah is the CEO and founder of Pundi X Labs. He said: “We’re excited to announce InStore QR Code, as a crucial step in our quest to streamline cryptocurrency payment.”
This new feature is expected to drive adoption of digital currency in retail environments.
Pundi Pay’s launch is timely, as the demand for secure and efficient cryptocurrency payment systems continues to grow.
Daniel Katz, CEO and Managing director of Ezee Solutions Group and Pundi X South Africa, believes that the InStore QR Code is a significant advancement in retail operations.
The InStore QR Code opened up new possibilities for transactions in various markets. The InStore QR Code not only meets the current market needs, but it also facilitates the rapid scaling up of crypto payments network. The ease-of-use and security of the transaction are game changers for retail,” Katz said.
Pundi X was founded in 2017 and is committed to bridging this gap between cryptocurrencies, everyday transactions.
Blockchain platform of this company is intended to address many limitations with digital currency by increasing their usability and appeal.
The open-source nature of its software and the use of XPOS, a mobile point-of sale terminal with contactless technology, allows for seamless transactions to be made in retail environments. PUNDIX is the platform’s native coin that supports its economic infrastructure.
Price of PUNDIX
PUNDIX (the utility token in the Pundi X eco-system) has experienced a 4% drop over the last 24 hours. It is now trading at $0.39, down from $0.41.
The dip in interest is a reflection of broader trends that affect altcoins. However, the InStore Omni QR Code launch will likely boost usage and increase the level of interest over the next few months.
Pundi X’s new payment option represents a major step in integrating crypto into everyday commerce. It offers a flexible, user-friendly, and secure solution for both merchants and consumers. The company wants to solidify its leadership position in digital currency payments as it prepares to launch this new technology.
The post Pundi unveils new AI powered crypto payment solution for merchants could be updated as the updates occur.
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