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Tag: XPOS Merchant

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Monthly report: a recap of activities in October 2022

Dear Pundians, Crypto market is challenging for many while one of the world’s top exchanges FTX filed its bankruptcy immediately after frozen its users’ withdrawal. This again reminds us all to keep the digital assets in the wallet that we own our private keys. At Pundi X, we provide merchants onchain crypto payment and crypto sale services via XPOS. Users […]

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Pundi X Announces XPOS Web 3.0 in Singapore Fintech Festival

It’s undeniable that Web 3.0 use cases such as NFTs and cryptocurrencies are on the rise today. A survey conducted earlier this year by management consulting company Deloitte found that almost 75% of retailers are planning to accept either cryptocurrency or stablecoin payments within the next two years. 87% of merchants broadly agree that organizations accepting digital currencies have a competitive advantage […]

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PUNDIX High 5 anniversary winners revealed!

Dear Pundians, Thank you for celebrating the 5th anniversary of Pundi X and joining our online celebration on September 27th, 2022! During the session, we had: It was nice to see the community so excited about the collaboration between Pundi X and Infineon, and to hear the heartwarming speeches given by our long-term community members. Your continuous support is what […]

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Monthly report: a recap of activities in July 2022

After the algorithmic stablecoin de-pegging event and collapse of CeFi platforms, last month, the crypto market recovered from its dip in June. With rising US dollar interest rates and inflation hitting an all-time high in many countries, we saw that inquiries about adopting crypto are also on the rise. Let’s take a look at the highlights from July: PRODUCT DEVELOPMENT […]

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Q2 2022 Progress Report

Dear Pundians, Thank you for joining our Q2 2022 Progress Report. For those of you who couldn’t join it live, you can watch the video version below. XPOS Development In Q2, we activated new merchants in Argentina, Brazil, Türkiye, Honduras, Japan, and UAE. Since Prospera, the special economic zone in Roatan made Bitcoin one of the legal tenders, we went […]

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Monthly report: a recap of activities in May 2022

Dear Pundians, This is the month where we take our time to appreciate the hard-working individuals and organizations who hustled amid tough bear markets. Without continuous building, the industry won’t move forward. In May, we have XPOS distributor’s marketing activities in Argentina, two crypto shop openings in Turkey, a crypto education seminar in Taiwan, a market visit to Honduras and […]

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Monthly report: a recap of activities in April 2022

Dear Pundians, Pundi X is steadily increasing our reach around the world. Our efforts to continue growing our presence in Brazil, Japan, Taiwan, Turkey, Switzerlands, and more regions have been non-stop. In this issue, we summarized our progress in March and April. Come on and let’s go through the exciting news and updates awaiting us! PRODUCT DEVELOPMENT Decentralized XPOS (deXPOS) […]

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Q1 2022 Progress Report

Dear Pundians, Thank you for joining our Q1 2022 Progress Report on 7th April 2022. This is the first time we host this event in a different time slot. For those of you who couldn’t join it live, you can watch the video version by visiting our YouTube Channel. POS Development Merchant Adoption In Q1 2022, except for the Pundi […]

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Pundi X Roadmap Q2 — Q4 2022

Dear Pundians, With more and more users onboarding their crypto journey across the globe, both governments and blockchain builders are also speeding up their developments in the crypto ecosystem. At the same time, we see that inflation, COVID-19 and Russia-Ukraine conflicts may raise the global economy’s challenges while also providing a window of opportunity for tech companies like ours to make digital currencies even more accessible and compelling by working with both authorities and leading solution providers. In the second half of 2021, we accomplished about 75% of the items which we had set out in our roadmap while we added more tech developments for XPOS® which were not originally in the roadmap. See below for details: Completed: Launched the […]

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Q4 2021 Token Removal Report

Dear Pundians, The token removal for Q4 2021 has been completed. We took out approximately 6,802 $PUNDIX and 1,093,702,580 $PURSE tokens from their respective total supplies. Starting from the launch of Pundi X Chain in October 2021, the token removal mechanism of $NPXSXEM followed $PURSE’s BDL model as $NPXSXEM migrated to $PURSE. After the Q4 token removal, the total supply […]

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Q4 2021 Progress Report

Note: below is the summary transcript of the quarterly report of the AMA conducted on 7th January 2022. There might be minor discrepancies and you can watch the original video of the AMA below. Dear Pundians, Happy New Year to all! Thank you for your time to participate in the Q4 2021 progress report. The host of the quarterly progress […]

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Pundi X INSIDER: 2021 in Review

A look back on a year of development, compliance, expansion and opportunity Dear Pundians, 2021 was a year that accelerated many of the disruptions introduced in 2020. Contactless transactions continued to soar, remote work began to be incorporated in blended working models where people were required to physically go to the office only part of the time, and cryptocurrencies continued […]

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XPOS recommended retail price adjustment

The new XPOS devices made by Pundi X will be adjusted to USD 499 per unit, starting from June 1st, 2021 Over the past years since 2018, Pundi X’s XPOS devices have made it possible for brick-and-mortar stores to move from a dependence on fiat currency to using cryptocurrencies with contactless transactions. XPOS devices have so far been distributed to […]

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Monthly report: a recap of activities in February 2021

Many of you know that we have been off to a good and busy start in 2021. In February, we continued building and improving our platform as well as engaging with the community. It’s important to be constantly in touch with our users as we grow our digital footprint. We would like to highlight the fact that Indonesia’s Commodities and […]