Pundi X is a cryptocurrency and payments platform created by Zac Cheah and Pitt Huang in 2017. The project involves the distribution of their XPOS terminal, a point-of-sale terminal that allows retailers and businesses to easily accept cryptocurrency payments.
In this article, you will find a list of all of the Pundi X partnerships as of 2020. If I have missed any out please let me know in the comments below and I will be sure to add them. Furthermore, I have decided to leave out many of the individual merchants that are using the XPOS devices as there are hundreds of them to mention.
Also, don't forget to check my previous partnership lists on NANO, XEM, and ICON.
List Of Partnerships & Integrations
- Genaro Network
- Binance Token
- Manticora Capital
- Borghese Ventures
- Carry Protocol
Partnerships In Detail
November 2017: Pundi X integrated the Qtum blockchain into their infrastructure to allow users to make purchases in QTUM at retail stores in South East Asia that have the Pundi X point-of-sale device as a payment option. The partnership will also allow users to buy & sell QTUM at their terminals.
February 2018: Pundi X and Coinnest, a cryptocurrency exchange in Korea, announced a partnership that will see 300,000 Pundi X Pass Cards, a credit-card-like NFC multi-currency wallet to hold cryptocurrency, distributed across South Korea.
The Pundi X Pass Card allows the user to make purchases at the point of sale terminals without the need to use their mobile phone to make the purchase. Users can easily top this card up through the Pundi X mobile app or via the Pundi X POS devices.
Coinnest continued to list PXS on their exchange later in the month.
February 2018: Pundi X partnered with VeriME, a decentralized identity verification service, to enable retailers to sign up for Pundi X services by completing KYC procedures. Pundi X decided to partner with VeriME to streamline its customer onboarding process for its retail partners.
Aprile 2018: Pundi X integrated Zcash payments into all of their POS devices. This integration brought an anonymous cryptocurrency to their terminals for users in Korea, Japan, Singapore, and other Asian countries to be able to make day-to-day purchases in Zcash.
May 2018: Pundi X signed an MOU with Global Crypto Offering Exchange (GCOX) to customize a special version of the Pundi X POS terminals. GCOX was created to allow celebrities to launch their own cryptocurrencies by tokenizing their popularity. It was the first fully-licensed token exchange in Dubai.
June 2018: Pundi X and UTRUST, a leading cryptocurrency payments gateway, partnered together to build a large-scale offline cryptocurrency payment platform to promote mass adoption of cryptocurrency payments in stores. UTRUST committed to acquiring 1000 Pundi X POS devices whilst Pundi X pledged to deploy UTRUST as a liquidity provider for transactions on its device and to use UTRUST’s technology for account settlements.
7. Genaro Network
June 2018: Pundi X teamed up with Genaro to make GNX available on their XPOS devices. The partnership also involves using Genaro’s innovative blockchain storage technology to process transactions.
July 2018: Pundi X and Wanchain partnered to integrate Wanchain to all XPOS devices allowing WAN users to spend their cryptocurrency at all retailers that have the XPOS terminal.
July 2018: Pundi X teamed up with UBIVELOX, a KRX-listed technology developer ranked as the 6th largest smart card developer in the world, to help support the deployment of Pundi XPOS devices in Korea.
10. Binance Token
July 2018: Pundi X announced that they would be adding BNB to their XPOS devices to allow BNB holders to spend their cryptocurrency in their retailers on the high street.
August 2018: Pundi X and ebooc, the first Emirati fintech company, partnered together to bring Pundi XPOS devices into the Persian Gulf and the Middle East. the partnership will work together to develop digital payment gateway services for governments, financial institutions, and major corporations in the regions.
August 2018: Pundi X announced that they would be integrating Verge in their platform to allow Verge holders to spend their cryptocurrency at all retailers that have the POS device installed.
13. Manticora Capital
August 2018: Pundi X announced a partnership with Manticora Captial, a South American based investment fund, to make its debut in Colombia. The distribution deal will see 1000 XPOS devices being rolled out across Colombia to retailers in the region within a 6 month period. This partnership brought cryptocurrency payments to the high street in Colombia, allowing Colombians to make purchases using their crypto.
August 2018: Pundi X partnered with BitCapital, Brazils leading OTC service provider, to distribute over 1000 XPOS devices across Brazil. BitCapital is focused on developing a payments infrastructure to make crypto-fiat transactions as frictionless as possible. This partnership saw the debut of XPOS devices in Brazil.
15. Emcredit - Official UAE Credit Bureau
October 2018: Pundi X teamed up with Emcredit, the official UAE credit bureau and a subsidiary of the Dubai Department of Economic Development, to bring digital payments to the public sector by bringing the XPOS to stores in Dubai to allow customers to pay bills, school fees, and utility bills in cryptocurrency. This partnership is in collaboration with Pundi X’s previous partner, ebooc.
May 2019: Pundi X announced that they would be adding DGX to their platform. DigixGlobal is a blockchain company that accounts and verifies the storage movements of physical gold bars. Investors receive DGX as digital proof to ownership of these gold bars. The DGX integration now allows users to pay for goods and services with DGX and the DGX card at any XPOS terminal.
May 2019: Pundi X and Blockvibe announced a partnership to make Blockvibe a leading distributer of Pundi X. The two forces have joined together to make sure as many businesses as possible can have the option to accept cryptocurrency payments.
July 2019: Pundi X announced that they had partnered with Verifone, a POS company with over 35 million devices in 150 countries, to integrate the XPOS module onto the X990 POS terminals. This widens the network of retailers to accept cryptocurrency payments. With the Integration, retailers that are using the Verifone X990 with XPOS module activated can process cryptocurrency payments as an addition to traditional transactions.
August 2019: Pundi X announced that they would be adding DAI into their Pundi X POS devices. DAI was actually the first stablecoin to be added to the Pundi X payment ecosystem. The integration was made possible through Open Platform, a platform for blockchain developers to list their digital assets onto Pundi X payments ecosystem, and now holders of DAI can pay for goods and services at Pundi X POS Terminals as well as use DAI in the XWallet app and the XPASS Card
August 2019: Pundi X a partnership with Traki, Venezuela’s largest chain of department stores, to make it the first chain store to implement the XPOS device across 49 stores. This partnership now allows customers in Venezuela to pay for their items in cryptocurrency at Traki by using the Pundi X Payment ecosystem.
21. Borghese Ventures
November 2019: Pundi X teamed up with Borghese Ventures, an artificial intelligence solutions firm, as they signed an MOU to explore the implementation of blockchain technology for private and public sectors based in Cyprus. The two have joined together to form a committee to explore which blockchain-related projects will have a benefit to Cypriot businesses as well as the government. They will also explore opportunities to implement blockchain-powered payment solutions, such as the XPOS terminal, across Cyprus.
22. Carry Protocol
January 2020: Pundi X announced that they have integrated Carry Protocol’s native token, CRE, into their Pundi X payment ecosystem through the Open Platform. This now allows CRE to be used as a method of payment at all XPOS terminals.
February 2020: Pundi X announced that they had listed their XPOS device on the e-commerce platform, NewEgg. This listing allows North American users to quickly purchase an XPOS device through NewEgg’s distribution facility. This now allows small business users that want to integrate crypto payments to quickly purchase and receive an XPOS terminal.
February 2020: Pundi X and MakerDAO joined forces to launch the Crypto Merchant Program that will see qualified merchants receiving a free XPOS device to empower their business with crypto payments. The program begins in Brazil and to apply, merchants must have a valid identification number from the Department of Federal Revenue of Brazil.
The program will then roll out to Argentina, Colombia, and Venezuela.
Merchants can easily accept crypto payments without having to worry about volatility as all crypto payments are settled in the stablecoin Dai, which is pegged 1:1 with the US Dollar.