Pundi X, a multi-cryptocurrency point-of-sale ("POS") solutions provider for physical retail stores, today announced that it will ship 4,000 Pundi X POS devices in Q2 2018. The first batch of these 4,000 blockchain-based POS devices will be delivered to Japan, Korea, Singapore, and Switzerland, enabling both the retailers and the consumers to do cryptocurrency to fiat or fiat to cryptocurrency transactions easily.

Pundi X POS is the world's first and smallest blockchain-based point-of-sales terminal. It is designed to sit conveniently on a physical retail counter in order to enable the mainstream consumers to easily conduct cryptocurrency transactions. These POS devices can also help the retail store owners to convert crypto to fiat or fiat to crypto for transactions or to top up a card at the point-of-sale

The device serves as the bridge that connects the real world and the crypto world. The retailers and consumers can choose to use BTC, ETH, LTC, XEM, XLM, QTUM, ACT, DGD, PXS and other cryptocurrencies to conduct the transaction together with fiat money (Dollars, Rupiah, Baht etc), bank card, mobile wallet or Pundi X PASS subject to local regulations in each market.

"More and more people are owning cryptocurrencies. According to the survey of mass-market cryptocurrency adoption, 35% of cryptocurrency owners want to use cryptocurrencies for trading and investment as well as to make purchases. However, owners have limited ways to spend them," says Zac Cheah, CEO and co-founder of Pundi X. "We want to empower the retailers to accept cryptocurrency payment to cater this growing demand with Pundi X POS devices. Shipping 4,000 POS devices is a start to take cryptocurrency transactions to the mainstream consumers."

The first batch of these 4,000 blockchain-based POS devices will be delivered to Japan, Korea, Singapore, and Switzerland, enabling both the retailers and the consumers to do cryptocurrency to fiat or fiat to cryptocurrency transactions easily.