Dear Pundians,

Welcome to Pundi X April Insider. In the past month, Pundi X has continued to advance its product development, merchant and partner activities, and participated in a variety of events to promote blockchain adoption and education. Some of the key highlights in the product development category include the introduction of XPOS lab version on mobile phones, the addition of onchain transaction support for p(x)Card, and the improvements of both merchant and distributor portals. Moreover, the company has expanded its network with the opening of new crypto exchange stores.

The following report provides a detailed summary of each of these activities. Let’s dive in!

Product Development

XPOS merchant and distributor portals are now open for USDT TRC20 on-chain deposits and withdrawals

Pundi X has opened its merchant and distributor portals for USDT TRC20 on-chain deposits and withdrawals. This will enable merchants and distributors to deposit and withdraw USDT TRC20 directly from the merchant and distributor portals.

Other XPOS upgrades include:

  • Cashier Pro now has a special reminder when the input and receiving amount do not match. This will alert merchants if the input and receiving amounts do not match during transactions to order to prevent errors and ensure that transactions are processed correctly.
  • XPOS has updated its PayPal app and removed the PayPal Here feature.
  • The instant withdrawal amount of merchant and distributor portals is now up to 5,000 USDT TRC20/BEP20 per transaction.
  • Removal of BEP20 as this is rarely transacted on the XPOS and allocate more liquidity for frequently transacted tokens.

Here is the full detail of the upgrade announcement.

XPOS added on-chain transaction support for p(x)Card, the hardware wallet developed by Function X

XPOS has added support for on-chain transactions for the p(x)Card hardware wallet, which was developed by Function X. This will allow p(x)Card users to pay or buy cryptos from XPOS.

XPOS lab version is now available on mobile phones

Pundi X has released a lab version of its XPOS point-of-sale system that can now be accessed on mobile phones. This new feature will allow merchants to access the XPOS system from anywhere, without the need for dedicated hardware. Currently the lab version doesn’t support NFC yet and it’s for internal testing. Let us know if you would like to see any new feature on this mobile version.

Merchant activation

First Avenue Mall in Türkiye opened a new Pundi X crypto exchange store

First Avenue Mall in Türkiye has opened a new Pundi X crypto exchange store. This store will allow customers not only buy clothes but also buy and sell cryptocurrencies using Pundi X’s XPOS system in the shopping mall.

SCoin, the physical coin exchange shop in South Africa, adopts XPOS

SCoin, a physical coin exchange shop in South Africa, has adopted XPOS To accept crypto payment. This will allow customers to buy Krugerrands and collection coins with cryptocurrencies.

Events

Q1 2023 report AMA

PUNDIX CEO & Co-Founder Zac Cheah hosted an AMA session to talk about Q1 2023 progress report: Pundi X’s CEO and Co-Founder, Zac Cheah, hosted an Ask Me Anything (AMA) session to discuss the company’s progress in Q1 2023. You can watch it below

Pundi X Q1 2023 Progress Report

Or read the full report here.

Q1 2023 Progress Report

BTC reward campaign for XPOS merchants

Pundi X has launched a BTC reward campaign for XPOS merchants, allowing them to earn Bitcoin rewards by stacking sats on the Lightning Network using LifPay Wallet.

We are excited to announce a new BTC reward campaign hosted by Pundi X and LifPay. LifPay is a Bitcoin custodial wallet…

medium.com

Pundi X South Africa featured in Binance Africa AMA

Binance Africa’s Merchant Showcase featured Pundi X South Africa in an Ask Me Anything (AMA) session. The session focused on how Pundi X adopts Binance Pay and its operation in South Africa. You can watch the session at https://www.binance.com/en-ZA/live/video?roomId=2132108

Purse token integrated on Hyve network

The Purse token has been supported on the Hyve network. $PUNDIX holders will be able to receive $PURSE as reward.

April PURSE redemption campaign: Margin X NFT

$PUNDIX is available on Changex

April was another productive month for Pundi X as it continued to expand its reach through new merchant partnerships and innovative product development. With the recent improvements of XPOS merchant and distributor portals, Pundi X is poised to scale up the transaction volume and improve its user experience. As usual, we remain committed to our mission of making blockchain accessible to everyone and will continue to pursue innovative solutions that make this goal a reality.

See you next month!