Pundi X has been a revelation in the merchant business ever since it was launched. The firm has been on the forefront to channel the fiat retail store industry (that is heavily dominated) to the movement of digital currency. NEM (XEM) is the first digital currency to partner with Pundi X when it was incorporated into the beta versions of their POS devices in the last quarter of 2017.
The Pundi X and NEM blockchain showed further strength in the second quarter of 2018, as Pundi X announced the first twenty thousand NEM XPOS devices terminals. These will be distributed to the NEM foundation which will distribute them to physical retail stores.
The devices will indeed change how the present digital currency merchant and client payments are done. The project is designed to make the fiat to digital currency payments seamless, low cost, and instant, encouraging the adoption of digital currencies.
How NEM XPOS Aims to Impact XEM
1. Merchants that Are Using NEM XPOS Will Increase the Adoption of XEM
As soon as merchants, as well as other retail clients, begin to use the POS terminals, digital currencies may experience an increase in adoption as both purchasing and selling will be easier. With NEM (XEM) holding the number one position on the list partnership (Zcash has also gained the support of Pundi XPOS), it will increase the adoption of XEM amongst the public.
2. NPXSXEM Listing on Top Exchanges Will Positively Affect the Value of XEM
NPXSXEM is the new token that will be used on the POS, and it will soon be featured on exchanges. The digital currency has already been featured on Exrates – a digital currency exchange that allows bitcoin, US dollar, and USDT pair’s trades.
3. Real-Life Applications Powers Stability
XEM is proving to be token used in the real world, as the XPOS offers real use to digital currencies. This means the cryptocurrency will be bought with a utilization purpose and not only speculations. This will also reduce the volatility of the coin.