The first physical selling point of cryptocurrencies arrives in Venezuela
The Traki chain of stores partnered with PundiX. Gabriel Falcone, director of the company, announced that other Venezuelan businesses may request the selling point
Traki, the largest store in Venezuela, made an alliance with the Indonesian blockchain firm PundiX to bring the nation the first physical selling point that can be paid with cryptocurrencies.
The device is shaped like a cell phone, touch screen, camera and an Android-based operating system; it receives payments in different crypto currencies and works with the use of data from a mobile network or through a Wi-Fi network.
Gabriel Falcone, director of PundiX Venezuela, says the firm is the first and so far the only platform in the world that has assembled physical outlets for crypto payments.
Falcone says that the device “works like a portable exchange that receives, converts and deposits cryptocurrencies in the merchant wallet.”
The equipment allows to receive payments with cryptocurrencies through the XPASS, which is like a debit card, or in a conventional way by scanning the address generated by the device to receive. In order to use XPOS in a store, the user must have downloaded the Xwallet, the PundiX wallet and proceed with the registration.
Once the account is created, just deposit the crypto assets to to pay with the XPOS using a conventional address. To pay with the XPASS the user must first request it on the PundiX Venezuela page and comply with a series of conditions for its delivery.
L. Sáenz
Source: Diario Bitcoin
