The UTRUST platform is looking to make it easier for merchants to accept cryptocurrency payments. The platform will install Pundi X POS terminals that would facilitate the process shortly.

The solution will enable users to make offline crypto transactions seamlessly.

In the coming weeks, Pundi X will begin exporting the POS terminals to various regions, including Switzerland, Singapore, Japan and other nations.

According to the partnership document, UTRUST will acquire 1,000 units of the Pundi XPOS system.

In addition to enabling retailers to accept payments in cryptos, it will also help them to buy and sell digital currencies.

UTRUST will also function as liquidity provider for transactions on the Pundi X system, while also using the system for accounts settlements.

The UTRUST platform is a crypto payments gateway and focuses on creating consumer-focused crypto solutions.

At current over 25,000 retailers have ordered for the Pundi X system in one quarter alone. The firm has a target of selling at least 100,000 devices.

The UTRUST platform has put a mechanism in place that ensures transactions between buyers and sellers on the platform are secure at all times.

The CEO and co-founder of Pundi X, Zac Cheah said that:

“This is a major step for furthering the mass adoption of cryptocurrencies, which despite having taken the world by storm, still remain outside the engine room of the global economy in consumer spending. Partnering with UTRUST as our merchant payment settlement gateway is a substantial addition to Pundi’s XPOS and grants us a trusted provider for liquidity, but also for customer security.”

CEO of UTRUST, Nuno Correia said that:

“We see here today in Singapore a partnership of two leading blockchain-based cryptocurrency payment projects with benefits flowing to the entire cryptocurrency ecosystem. UTRUST has always been committed to enabling the use of fast, easy, and secure cryptocurrency payment. To partner with Pundi X and use its XPOS technology will help us immeasurably in achieving this goal.”

UTRUST is focused on building a payment system that would function like PayPal but with excellent support for cryptos., offering buyer protection and Instant payments.

Pundi X is a POS solutions service provider that focuses on creating POS terminals that could help retailers to accept payments in cryptos, buy or sell digital currencies.

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