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A long list of cryptocurrencies will soon be accepted as an option payment in 1,000 stores across Colombia.
The big move towards encrypted adoption is coming thanks to a partnership between Pundi X (NPXS) and the Colombian investment company Manticora Capital.
The agreement will place a point Pundi X sales device within each store, which will allow them to accept Bit Money (BTC), Ethereum (ETH), NEM (XEM), Qtum (QTUM) , Achain (ACT), Stellar (XLM) and Verge (XVG).
In addition, the devices also offer customers the ability to buy and sell each cryptocurrency directly from the counter. Pundi X supports PUNDI XPASS card payments, as well as cryptocurrency portfolios using QR codes and traditional mobile wallets such as Alipay.
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Mass production of Pundi X devices began in February and the company aims to distribute over 100,000 of them in more than 12 countries.
Related: Austria leads Crypto to the masses: Bitcoin, Ethereum, XRP, IOTA, Bitcoin Cash, Litecoin and Komodo
Disclaimer: Opinions expressed to the Hodl newspaper is not an investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Keep in mind that The Daily Hodl participates in affiliate marketing.
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