PundiX and the XPOS — leading the next generation in Point of Sale Device Innovation. myMOBY.io Follow Feb 27, 2019 · 4 min read

Pundi X is an innovative project designed to solve the many issues users have with cryptocurrency exchanges and transactions while concurrently removing the borders to entry via their exciting borderless payment ecosystem, which currently aims to feature their Xwallet, Xpass card, Xphone, and the XPOS.

The XPOS Device

Pundi X began working on its XPOS device immediately after its ICO came to a close. The device enables customers to make use of cryptocurrencies stored in their Pundi mobile wallet to pay for goods services as well as purchasing cryptocurrencies like ETH, BTC, and more. The XPOS device will make it simple for any store to buy, sell, and accept cryptocurrency as payment.

According to the official Pundi X website, the device is capable of processing transactions in .5 seconds. What’s so interesting about this, is that merchants receive the funds in fiat currency, eliminating cryptocurrency volatility risk.

The XPOS is cryptocurrency neutral and can transact with coins like BTC, ETH, BNB, NPXS, etc. The XPOS device supports all mobile payments, NFC, QR code and all the traditional mode of payments. One can use the Xpass card or Xwallet to perform the transaction.

With the Pundi X wallet, users will be able to manage their private keys more efficiently. The wallet is meant for mobile devices and is available on the Android and the App Store.

The most valuable feature of this wallet is its ability to connect with the rest of the Pundi ecosystem while still maintaining the level of security you’d expect from a mobile wallet. The wallet is also able to connect with the Pundi XPass card making it easy to use on the go, which brings unimaginable accessibility to the unbanked and underbanked population around the globe since no banks are needed.

Furthermore, with the XPOS there are absolutely no monthly charges or hidden fees, thus negating high Visa, MasterCard & credit card fees, while at the same time providing up to 65% of transactional fee revenue directly back to merchant. And as an after sales benefit, the XPOS can set up merchant inventory, loyalty programs, ads and even print smart receipts.

Pundi has shipped out over 5,000 devices, with plans to have at least 100,000 XPOS devices to be delivered over the next three years to 20+ countries. Most of these countries are in South East Asia, as this region has some of the most unbanked people in the world.

Currently, the PundiX XPOS device can even be purchased on Amazon

Final Thought

Pundi is not only an innovative project but an ambitious one, aiming to allow the use of cryptocurrency everywhere, while at the same time modernizing and streamlining the way everyday merchants and customers transact.

The project’s team has stated that one of their main motivations is to help bring mass adoption of cryptocurrency. The effect of increase mainstream adoption should not be underestimated, so this project will be extremely exciting to follow. On that note, has been rumored that, tech evangelist Dee Duncan is spearheading the push for Pundi and the Pundi XPOS device to be featured at RetailNOW 2019, which is ran by the RSPA, Retail Solutions Provider Association, the ONLY association connecting the Point of Sale technology ecosystem. If this pans out, it will be a true game changer for the XPOS ecosystem and Pundi, by allowing the merchants of today to participate in the transactional standard of tomorrow, thereby solidifying PundiX’s position as the benchmark in blockchain technology and all-in-one retail solutions.

To keep up with their project, follow their official Twitter and Reddit.