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Verge [XVG] integrates with Pundi X [NPXS] for Mass Adoption



Verge [XVG] along with Pundi X [NPXS] for Mass Adoption
Source: Unsplash

With the aim to achieve mass adoption Verge currency has decided to move forward with the integration with Pundi X ecosystem around the globe. It is better to say Pundi X ‘the Point of Sale (POS)’ is a platform that makes buying products of crypto assets at local stores as just buying a copy or a pen.

The hardest challenges faced by the customers of cryptocurrency is to pay for the products of the same. With the alliance of Pundi X, it will support the system by making it easy and simple for a regular customer to fulfill the requirement of purchasing goods at a local store.

Verge will help to promote a conducive environment for fast and incredible payments between the required parties. However to avail this facility the customer will have to go through a heavy process by purchasing Verge through an exchange most probably through a BTC route. So, this is a time-consuming task.

The user who gets a variety of vendors to purchase a product will now have to fully rely on POS, a software-based solution. The customer will have to first use POS to convert the price from fiat to Verge and finally, a transaction can be performed from one wallet to another.

For the regular customers it is an easy task but for the newcomers who are not aware of the required products of cryptocurrencies will have to devote sufficient time. So, for them, it is actually a time-consuming process.

Brick and mortar stores that accept Verge currency have been continuously using desktop and mobile wallets to perform a crypto-to-fiat real-time conversion in order to accept payments from willing customers.

Verge with a motive to enable low fee and quick transaction cryptocurrency is encouraging more user to connect with this platform for payment purpose. Online vendors of Verge either rely on the exact converters or on the third party like Coinbase for the crypto payment.

The main problem is that there is no connection between online and offline payment for customers, neither there is one point solution available for the customers. This is where the things will change according to the need.

With the Verge partnered with Pundi X POS solution, any physical asset store across the world have the right to accept Verge. The users can now buy, sell or pay with Verge with the help of Pundi X card or by using Pundi X mobile app.

The Pundi X has comparatively solved three major problems of cryptocurrency customers including buying of cryptocurrency, using the cryptocurrency (once the account holder has Verge) and the most important integration of fiat currencies. Pundi X enables the integration of many fiat gateways like Alipay, Pundi Pundi and more.

In order to buy Verge currency with Pundi X, a customer will have to connect with Verge either with the use of Pundi X mobile app or can also recharge at any Pundi X POS terminal that has the access to process the transaction in credit cards, mobile wallets, and debit cards.

The transaction will immediately reflect into your bank account. The whole team is working hard to make Verge currency as easy to use, as early as possible. The problem of customers will soon be tackled with the help of Pundi X. At present, Pundi X is the only solution available to help us all.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Rupali Sinha is a journalist at Koinalert. She covers the latest news and updates related to Blockchain technology and cryptocurrencies.