Home Coins Pundi X (NPXS)

Pundi X (NPXS)

Pundi X is a hardware Point-of-Sale, or POS, system for accepting cryptocurrency. They currently have a machine that sits on top of a counter, called XPOS, with two screens: one for the merchant and one facing the customer. It has an RFID chip, it can print receipts, and it displays QR codes for people to pay using their wallet apps.

Pundi X is also issuing a card that can store cryptocurrency amounts. It’s the same size and shape as a credit card, so it is familiar in form and function to people who are new to cryptocurrency.

Pundi X originates in Indonesia, and while cryptocurrency exchanges are permitted, cryptocurrency payments for goods and services are currently banned by the government. Pundi X is able to deploy their hardware without breaking the law because their POS system defaults to accepting payments from non-cryptocurrency systems, like bank cards and Apple Pay.

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