In Colombia, shoppers can now pay for their goods with Litecoin (LTC), Verge (XVG), and stellar lumen (XLM) in different stores via an intelligent store connection. The adoption of digital currencies is a very important factor in increasing trust in blockchain technology and in digital currencies themselves.
The POS Terminal Payment Solution of Pundi X
Pundi X is offering a POS (point of sale) terminal settlement solution that will enable shoppers to pay for goods in more than one thousand shops in Colombia with Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH), Stellar Lumens, Verge (XVG), NEM (ZEM), and Qtum (QTUM).
Furthermore, the device allows for the buying and selling of any digital currency directly at the cash register or counter. Pundi X also supports Pundi XPASS card payments and also digital currency wallets with QR codes.
1,000 Pundi X POS to Be Distributed by Manticora Capital
After the signing of a distribution collaboration with Manticora Capital – a Colombian-based investment fund – the Pundi X point of sale will make its first appearance in Colombia and South America. Within the next six months, Manticora Capital (whose headquarter is in Medellin) will distribute 1,000 Pundi X point of sale devices to retail and hospitality industries in the nation.
Manticora Capital is the first digital currency investment house in Colombia, and it was founded last year. The firm maintains close ties to the retail of Colombia. The CEO of Manticora Capital – Ivan Correa, said there is still a lack of opportunities to utilize digital currencies as a means of payment. This partnership is aimed at increasing the adoption of digital currencies as well as its use cases.
Litecoin (LTC) Price Today – LTC / USD
Litecoin (LTC) is currently trading at $54.60 after a decrease of about 6 percent over the past twenty-four hours. The market cap of the digital currency is $3.17 billion and its trading volume over the past twenty-four hours is $202.27 million.