BitPay has announced its new partnership with open commerce platform, Poynt. As part of the partnership deal, BitPay will be offering crypto payments at merchants’ point-of-sale (POS) terminals.

Per the announcement, Poynt has a network of online POS devices at more than 100,000 retailers globally. According to co-founder and CEO of BitPay, Stephen Pair, this partnership is a massive growth opportunity for his company. He sees this partnership as an important milestone in the company’s 9-year mission to make payments faster, secure and cheaper for customers.

Poynt offers both the software and hardware for its smart POS terminal, which is also able to run third-party apps. Per the announcement it recently passed $9 billion in gross payments volume over a 12-month period.

According to Osama Bedier, Poynt’s CEO and co-founder, the firm was built on the idea of open commerce. He claimed that the addition of open-source, decentralized currencies like Bitcoin is a natural fit in the firm’s open-commerce environment.

Last month, BitPay partnered with Ripple’s developer arm, Xpring, to add support for the XRP crypt in its wallet app. The crypto payments firm claims it processed over 1 billion in transactions every year from 2017 onwards.