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BitPay's crypto payments integrate with Poynt's POS devices

Wednesday 12 February 2020 13:35 CET | News

BitPay and Poynt have announced the integration of BitPay’s Bitcoin and crypto payments with Poynt’s Smart Terminal POS devices at over 100,000 Poynt retailers worldwide.

Consumers only need to scan a QR code at checkout to pay merchants using Poynt’s devices with the currency of their choice, including Bitcoin, Bitcoin Cash, Ethereum, and three dollar-pegged stablecoins. As BitPay’s blockchain payment rails integrate seamlessly with Poynt’s smart terminals, the goal is to make the checkout experience quicker and more secure than paying with legacy methods like credit cards or cash.

Through this agreement, BitPay gains entry to in-store payments for the first time on a large scale. Poynt commented its decision to expand payment options to include Bitcoin and cryptocurrency, mentioning that the company was built on the idea of open commerce. Moreover, Poynt considers the addition of open-source, decentralised currencies as a natural fit in their open-commerce environment.

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Keywords: BitPay, Poynt, Bitcoin, digital assets, cryptocurrency, blockchain, payment, commerce, decentralised currencies, payments, terminals
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies