Crypto Payments Firm Pundi X Expands in South America with Brazilian Office
Cryptovest
Published Aug 14, 2018 08:05AM ET
Updated Aug 14, 2018 09:20AM ET
Crypto Payments Firm Pundi X Expands in South America with Brazilian Office
Indonesia-based blockchain firm Pundi X will open an office in Brazil in line with its intentions to expand to increasingly crypto-savvy South America, according to a Medium post released on Tuesday.
In South America, Pundi X will distribute its point-of-sale (POS) terminals dubbed X POS. The startup said it has already delivered the first batch of the machines and has signed partnerships with several local retailers, but did not provide further information about the merchants.
The decision to set up headquarters in Sao Paulo was based on the solid interest in digital coins in South America, the stat...
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