Blockchain startup from Singapore Pundi X has reportedly finalized the integration of PayPal facilitating features for its point-of-sale device ‘Xpos.’
Specifically, the development made PayPal the first payments processor to be added onto Xpos, making it a method for receiving funds to clients across over 30 nations.
The integration will reportedly be carried out in a 2-phase fashion, with merchants located in the US using Xpos will be eligible for applying for PayPal-based keyed transactions beginning July 1st.
The integration of Paypal app onto every Xpos will reportedly be worked on, and has a finalization target of about a fortnight – finishing the project introduction.
Pundi X has reportedly gone forth with its initiative to roll out the integration following the result coming back from a Twitter poll, inquiring its customers to name the mobile payment app they would like to see facilitated by Xpos first.
Paypal reportedly ranked 1st, accounted for 70% of the total votes, surpassing WeChat Pay, Alipay, and GoPay, among others.
The integration will reportedly make credit card-enabled payments available for Pundi X’s point-of-sale system, making crypto purchases via Paypal possible.
“To be able to support a leading online payment provider in our XPOS devices can give people more confidence in using them, and can move usage of blockchain technology closer to the mainstream.” Zac Cheah – co-founder and head of Pundi X – reportedly remarked.
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