Bitcoin, Ethereum, Litecoin, Stellar and Verge Coming to 1,000 Stores in Colombia
A long list of cryptocurrencies will soon be accepted as a payment option at 1,000 stores across Colombia.
The big move toward crypto adoption is coming thanks to a partnership between Pundi X (NPXS) and the Colombian investment firm Manticora Capital.
The deal will place a Pundi X point-of-sale device inside each store, which will allow them to accept Bitcoin (BTC), Ethereum (ETH), NEM (XEM), Qtum (QTUM), Achain (ACT), Stellar (XLM) and Verge (XVG).
In addition, the devices also give customers the ability to purchase and sell each cryptocurrency right from the counter. Pundi X supports payment from Pundi XPASS cards, as well as cryptocurrency wallets using QR codes and traditional mobile wallets like Alipay.
Mass production of Pundi X devices started in February, and the company aims to deploy over 100,000 of them in more than 12 countries.