Ingenico and Lunu Pay Team Up to Bring Crypto Payments to Retail POS Terminals

Cryptocurrencies
08.11.2024 10:15 am

Ingenico, a global leader in payment acceptance and services, and Lunu Pay, a pioneer in Web3 payment services, are joining forces to bring cryptocurrency payments to brick-and-mortar stores via Ingenico’s Android-based POS terminals. This integration supports over 70 crypto wallets, such as Binance, Coinbase and Trust Wallet and leading cryptocurrencies like Bitcoin, Ethereum and USDT with same-day settlement in local currencies (EUR, GBP, USD, CHF, etc). The collaboration offers retailers a seamless way to incorporate digital currencies, enhancing customer payment options while maintaining efficiency and security.

Tailored to alleviate merchants’ concerns about handling cryptocurrencies, Lunu Pay solution offers automatic conversion of digital assets into euros and other local currency at the point of payment. This instant conversion feature allows merchants to accept crypto payments without the complexity and risk associated with currency rate fluctuations, ensuring a seamless and stable in-store experience.

"Our partnership with Lunu Pay aligns with our goal of providing cutting-edge payment solutions to merchants. As the demand for cryptocurrency grows, this integration enables physical retail businesses to accept digital currencies securely and efficiently without the need for extensive system changes."
Erik Vlugt, Chief Solutions Officer at Ingenico

"This collaboration with Ingenico marks an important step toward making crypto payments more accessible in the retail space. By bringing our crypto payment technology to Ingenico’s terminals, we’re enabling merchants to tap into the growing digital currency market and offer their customers more payment options."
Pavlo Denysiuk, CEO of Lunu Pay