According to the average June 30 publication, Singapore blockchain company Pundi X integrated its XPOS solution (PoS) device with PayPal. This action will allow PayPal users to seamlessly access crypto assets such as BTC, NPXS, ETH , USDT and DAI through XPOS merchants who have enabled the "sell encryption function" on their devices. It is worth noting that this development comes after the international payments giant has loosened its position in the crypto business. According to Pundi X, the integration with PayPal was driven by a Twitter poll, where more than 67% of survey respondents voted for companies based in California. Other options include WeChat / Alipay, PayTM and GoPay.

Not surprisingly, the majority of votes favor PayPal, because PayPal has global influence compared to its peers. The announcement also stated that PayPal integration will be synchronized with the underlying XPOS infrastructure, two-stage deployment To integrate PayPal with XPOS devices, users will have to start two steps towards a full encryption service in the ecosystem. First, they must send their IMEI number to [email protected] and activate credit card payment via PayPal, but the service will only support key card transactions from now on.

Sudden interest in PayPal encryption Will encryption trends eventually reach the payment ecosystem? Public and private entities that previously avoided using digital assets are now consolidating their possibilities. PayPal is a strong supporter of crypto assets and the "last payment giant to join the movement". If you can not beat them, join them. Last week, payment service providers entered the Kucoin P2P market, expanding their encryption capabilities, which were originally defined by the Paxful and Localbitcoins markets.