09 Jun 22

Ingenico partners with Fintech Pundi X to enable crypto transactions around the world

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Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, and Singapore-based Fintech Pundi X have just announced a major milestone in the global adoption of crypto payments, as Pundi X has completed the integration of their XPOS software with the point-of-sale (POS) APOS A8 devices of Ingenico.

ingenico pundi
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Leveraging blockchain to facilitate payments

Through this partnership, merchants around the world using APOS A8, Ingenico’s portable POS solution that runs on Android, will now be able to accept various cryptocurrencies as payment options and provide consumers with more secure and seamless transactions experience, powered by blockchain technology.

"We are honored and excited to partner with one of the largest payment leaders in the world. Pundi X can now leverage the APOS A8, the most widely sold Android payment device in the world and benefit from Ingenico’s global support in a number of key markets.” said Zac Cheah, Co-Founder and CEO of Pundi X. “Enabling crypto payments in Ingenico’s APOS A8 devices will undoubtedly make cryptocurrencies and blockchain technology more accessible to even more people.”

"Ingenico is always on the lookout for innovations that will further improve transactional processes, and we see Pundi X’s use of blockchain technology in points of sales as truly innovative,” said Marcus Low, Senior Vice President, Asia Pacific of Ingenico Group. “This partnership is as a great way to prepare for the future of payments and introduce cryptocurrency as a reliable payment option to our clients and customers worldwide.”

Seamless crypto payments for a growing blockchain community

Installing the XPOS module on an Ingenico POS terminal will enable merchants to process transactions in various cryptocurrencies, including BTC, ETH, BNB, XEM, DGX, DAI, ENQ, KNC, KCS, FX, QTUM, NPXS, NPXSXEM and other cryptocurrencies that are part of Pundi X payment ecosystem.

When transacting with Ingenico’s APOS A8 solution, merchants with XPOS module and crypto token holders will be able to transact directly through XWallet mobile app or XPASS cards, Pundi X’s physical multi-currency crypto card that facilitates crypto payments. The POS device will automatically provide conversion rates between fiat and crypto currencies at the retail outlets, enabling a seamless and speedy crypto transaction experience.

Pundi X’s XPOS software solution is available for deployment on all Ingenico APOS A8 devices in all major markets all around the world.

About Ingenico

Ingenico is the global leader in payment acceptance and services. We support our customers, and their customers to do more with payments. Active in 37 countries, with over 3,500 employees we have been at the forefront of the commerce landscape for over four decades. With more than 40 million payment devices deployed worldwide, powered by over 2,500 apps, the company is servicing the needs of millions of consumers every day. Through our advanced integrated solutions and network of partnerships, we simplify the world of payments and bring value added services to move commerce forward.

Press contacts

Elena Chadaigne, Global Head of External Communications

T +33 6 80 58 27 62

E [email protected]

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