NPXS, the native token of PundiX, a cryptocurrency point of sale (PoS) solution provider, has seen a massive surge in price over the past 48 hours. In merely two days, the price of NPXS rose by more than 130% on Binance, outperforming most major cryptocurrencies on the exchange. There are three key reasons behind the rally: the launch of token staking, token reduction, and the overall positive sentiment around the altcoin market. Token staking and fewer NPXS tokens On March 13, Zac Cheah, the CEO of PundiX, reaffirmed that token reduction and staking for NPXS is happening later this month. …

Since Feb. 6 Pundi X (NPXS) has rallied by 102%. While it would be easy to assume that it’s breakout is simply following in the hoof prints of the herd of altcoins that have been rallying alongside Bitcoin, the current move appears to be driven by an upcoming testnet launch and improving fundamentals. Pundi X is a borderless digital currency payment ecosystem that aims to boost adoption using Point-of-Sale (POS) terminals and a contactless payment card. Using an open-source system, the platform focuses on physical stores retail payments. Streamlined mobile payments is another problem which the Pundi X ecosystem aims …

Talk of cryptocurrency and blockchain-powered gadgets inevitably spiked alongside the hype for token prices. But looking back, have they delivered any meaningful changes to users, or are they just another result of the hype synonymous with the space? The surge of interest in the space came to a head in 2017 as Bitcoin (BTC) hit never-before-seen highs of around $20,000 before crashing dramatically and entering the bearish crypto winter. While the collapse left devastation in its wake, the months of focus brought Bitcoin, cryptocurrency and blockchain technology into the mainstream consciousness like never before. Many projects were conceptualized and brought …

Singapore-based blockchain firm Pundi X has integrated PayPal support for its point-of-sale device ‘Xpos.’ PayPal is the first mobile payment gateway to be integrated onto Xpos, and users from more than 30 countries can now accept funds via the payments processor. The integration will take place over two stages, with U.S-based merchants who use Xpos able to apply for PayPay-based keyed transactions from July 1. A PayPal app is expected to be integrated onto all Xpos devices within two weeks — completing the roll-out. 70% of Xpos users request Paypal support Pundi X decided to launch the integration after conducting …

Paying with crypto has long been at the center of the discussions of why cryptocurrencies exist and why they are useful. But despite promising growth and excitement during crypto’s bullish phases, payments with crypto still remain a fringe niche at best. Cointelegraph interviewed both merchants and industry leaders to find out why. Who uses crypto today? As a general rule, crypto payments are used where they make sense. This remains the case for darknet markets, which according to a January 2020 Chainalysis report continue posting new volume highs. Source: chainalysis.com Despite their tiny share of the overall crypto activity, marketplaces …

Decentralized offline cryptocurrency sales network firm Pundi X showcased its Blok on Blok (BOB) blockchain smartphone at the IFA trade show in Berlin, reported IT-focused news portal CIOL on Sept. 10. Pundi X claims that BOB is the first smartphone in which every bit of data will be executed on the Function X blockchain ecosystem – the company’s blockchain. A decentralized ecosystem for privacy protection As a consequence, no centralized service providers will be able to access users’ data. Pundi X co-founder and CEO Zac Cheah commented on the development: “BOB marks a big step forward in our mission of …

Cryptocurrency startup Pundi X announced that its point-of-sale payment gateway (XPOS) will soon be launched in Panama and its surrounding regions. Blockchain development company Chainzilla joined the initiative as a local distributor. Combining cryptocurrency and traditional payments in one terminal On Aug. 14, Cointelegraph in Spanish spoke with Chainzilla CEO, Charles Gonzales, to find out more details. According to Gonzales: "Recently, Pundi X integrated its module into the Verifone X990. This is an important development because this payment processor is compatible with both cryptocurrency and traditional payments. [...] That means that a seller can process crypto payments alongside other Visa …

Cryptocurrency payments startup Pundi X announced that it has integrated its crypto payments system into a device made by American point-of-sale (POS) systems producer VeriFone in a press release July 12. Per the release, the startup has integrated its XPOS crypto payments module on the X990 Android-based POS terminal by VeriFone, which is reportedly one of the world’s major producers of such devices. The initiative aims to allow a wider network of retailers to accept payments in cryptocurrencies. The startup states: “With this integration, shops and retail outlets using the VeriFone X990 with XPOS module activated will now be able …