Pundi X (NPXS) reported that pos devices called “Xpos” are integrated with PayPal. The development brought more than 40 percent increase in the price of NPXS.

Singapore-based blockchain company Pundi X announced that pos devices called “Xpos” are integrated with the PayPal system.

In May, followers of Pundi X’s Twitter account were asked which mobile payment application Xpos was asked to integrate first. As a result of over 1000 votes, an answer of “PayPal” was given with a crushing rate of 67 percent.

The company then concentrated the enhancements on PayPal. According to the statement Thursday, users from over 30 countries can accept money via the payment processor.

In the first stage of the integration, which is reported to take place in two stages, US sellers using Xpos as of July 1 will be able to benefit from PayPal-based key transactions. Within two weeks, the PayPal application will be integrated into all Xpos devices through a system update.

“Being able to provide support for a leading online payment provider on our Xpos devices can give people confidence in using them and bring blockchain technology closer to the mainstream,” said Pundi X’s chairman and co-founder Zac Cheah. used expressions.

The price of Pundi X (NPXS) was fired after news of integration with PayPal. NPXS has increased by more than 40 percent since June 30.

In the meantime, it was suggested last week that PayPal is working to provide cryptocurrency trading services on its platforms. Along with the allegations, the company had opened a job posting looking for a crypto engineer.

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