Pundi X, a cryptocurrency point-of-sale (POS) solutions provider for retail stores, launched three working products before its public token sales on January 21, 2018. These POS devices can help the retail store owners to convert crypto to fiat, crypto to crypto to fiat and fiat to crypto for transactions. The company also established strategic partnerships to roll out its POS devices in 2018.

Three working products made for different types of retailers. Pundi X has built and launched three types of POS devices that can cater needs of different kinds of of retail outlets. The first generation device- XPOS 1 is codenamed ‘Mount Agung.’ It can be installed in the stores with the limited space of the counter, such as restaurants, cafes or currency exchange booths.

In Indonesia, the rollout will be built upon Pundi-Pundi (QR payment solution) with over 100,000 registered users and 600 partnered merchants. Pundi-Pundi recently signed a strategic partnership with Warmindo, a food stall chain owned by Indofood. About 45,000 Warmindo stalls will get Pundi solution for cashless transactions. Also, Pundi X, in collaboration with E2Pay will build a new financial app for a religious group in Indonesia with 100 million members. One of the objectives is to enable donation by using cryptocurrencies.