Pundi X joins Próspera to build a crypto-friendly zone for Bitcoin adoption

ROATAN, Honduras and SINGAPORE, Nov. 20, 2022 /PRNewswire/ — To unfold crypto adoption, Singapore-based blockchain options supplier Pundi X will likely be giving freely free XPOS units with its newest Web 3.0 improve to successfully-verified retailers throughout the Próspera Fintech Festival to be held from November 18 to 20 in Roatán, Honduras.

XPOS, the world-first blockchain-based level of sale platform, notably permits brick-and-mortar retailers to start accepting crypto funds with any blockchain wallets in addition to simply the straightforward swipe of a pre-paid crypto card. The total purpose of distributing these XPOS units is to encourage widespread crypto adoption and provides retailers a larger number of fee choices.

Pundi X’s involvement with the Próspera Fintech Festival is particularly acceptable contemplating Próspera’s standing as a particular financial zone the place Bitcoin is successfully authorized tender. In reality, Pundi X has already partnered with the Próspera Economic Zone’s native authorities and native communities to enable companies like resorts, scuba outlets, and eating places to settle for crypto from their company. Allowing Pundi X to contribute its options to the Próspera Economic Zone resulted in expanded financial alternatives for small companies within the space.

According to Honduras Próspera Inc. CEO Erick Brimen, Pundi X’s prior experience in serving to conventional retailers perceive crypto is essential for guaranteeing the Próspera Economic Zone’s success. “Retail companies are intimidated by the complexities behind crypto. Yet one thing useful just like the XPOS good machine exhibits accepting crypto is not any extra complicated than a card swipe and urgent a few buttons,” Brimen stated.

XPOS units additionally enable companies to settle for funds in in style cryptocurrencies corresponding to Bitcoin, Ethereum, BNB, DAI, PUNDIX, FX, and USDT. Additionally, XPOS can settle for BTC, USDT, ETH, BNB funds from all supported blockchain wallets, together with Bitcoin lightning community, BNB Smart Chain, Ethereum, and Tron. This wide selection provides companies true flexibility and freedom when it comes to fee choices they’ll take.

Of course, providing the flexibility to settle for a number of cryptocurrencies brings extra advantages than simply flexibility and freedom. Accepting cryptocurrencies and transformed in stablecoins mechanically for retailers can scale back the volatility they are going to face.

“We need companies to really feel assured and safe when utilizing crypto,” defined Pundi X CEO and co-founder Zac Cheah. “When you alleviate issues on inaccessibility and instability you go a good distance in turning companies crypto-friendly.”

Businesses keen on making use of for a free XPOS machine can join to enter the occasion via the hyperlink right here: https://shop.pundix.com/roatan.

About Prospera

Honduras Próspera Inc is the Promoter and Organizer of the Próspera ZEDE, a world-class particular financial zone in Honduras. The Próspera ZEDE leverages Honduras Próspera Inc’s governance platform to create the situations for unleashing shared prosperity and financial system in Honduras. This governance mannequin relies on a seamless integration of widespread legislation, an open regulatory framework, {and professional} service suppliers with the purpose of making shared, all-inclusive social and monetary alternatives and a optimistic atmosphere for all teams concerned.

About Pundi X Labs

Based in Singapore, Pundi X was based in 2017 with the purpose of harnessing the facility of blockchain expertise to make a safer and inclusive world. The firm is accountable for growing the XPOS, a point-of-sale platform that permits brick-and-mortar shops to transact on the blockchain. The firm at the moment has workplaces in Jakarta, São Paulo, Seoul, Taipei, and Tokyo.

Pundi X has additionally been chosen as one of many prime 50 Innovative Fintech Startups in 2018 by KPMG and H2 Ventures, cool distributors in blockchain enterprise by Gartner, and prime 10 fintech chief by Singapore Fintech Association.

For extra data, go to https://www.pundix.com


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