The integration will take place with the XPOS crypto payment module on the POS terminal of the X990 Android system by VeriFone, one of the largest producers of such devices globally. The aim of this initiative is to enable a wider network of retailers to accept payments in cryptocurrencies.
XPOS-enabled devices will support payments in Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), KuCoin Shares (KCS), Kyber Network (KNC), Nem (XEM) and Pundi X (NPXS).
According to a press release, VeriFone has over 35 million devices in more than 150 countries. Crunchbase estimates the company’s revenue will be USD 1.8 billion.
Recently, American startup Fold has launched crypto payments at Amazon, Starbucks, Uber and other major companies.