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UTRUST (UTK) made a partnership with Pundi X (NPXS)

Pundi X (NPXS) is a multi-cryptocurrency point-of-sale (“POS”) solutions provider for retail stores seeking to accept digital currencies in the world. Pundi X POS enables shops, cafes and convenience stores to facilitate cryptocurrency transaction for the average consumer. This week Pundi X won Binance’s round 7 of “Community coin of the month”, rewarded with a free listing on the crypto exchange.

UTRUST (UTK) is the world’s first payment platform for cryptocurrencies featuring Buyer Protection and Instant Payments.

On June 20 Pundi X and UTRUST joined forces to build an offline cryptocurrency payment platform for mainstream adoption.

Pundi X’s market-leading blockchain-based point-of-sale (“POS”) solution provider will, in coming weeks, begin shipping to markets including Singapore, Switzerland, and Japan where it will enable merchants to conduct offline cryptocurrency transactions, as Pundi X and UTRUST sign a deal to promote cryptocurrency payments in stores and secure them with consumer protection.

Under the terms of a deal signed in Singapore, UTRUST will commit to acquiring 1,000 units of Pundi’s XPOS technology, a point-of-sales device that allows retailers to transact in, buy and sell multiple cryptocurrencies.

Pundi X, in turn, will deploy UTRUST as a liquidity provider for transactions on its devices and use its technology for account settlements.

According to CoinMarketCap, UTRUST (UTK) is trading at $0,086424 USD (21,64% in a 24-hour period), Pundi X (NPXS) is trading at $0,007891 USD (-23,28% in a 24-hour period) at press time.