Pundi X has started a strategic partnership with DoshEx to bring more XPOS machines to South Africa. The goal is to bring cryptocurrency to high street retailers and local consumers.

This week, Pundi X, a global blockchain-based payment pioneer, announced that is started a strategic partnership with DoshEx to bring crypto to South Africa. DoshEx is a South African Digital Asset Exchange.

The partnership with DoshEx brings Pundi X closer to its goal: to bring in the next billion new crypto users and allow them to buy, sell, use cryptocurrency anywhere and anytime. Alex de Bruyn, CEO of DoshEx, said about the news:

“Our objective is to rapidly build South Africa’s first point-of-sale cryptocurrency network. This is why we partnered with Pundi X.”

According to a joint press release, the two companies will introduce the XPOS point-of-sale-systems and XPASS crypto cards to South African markets. To start, the technology will be rolled out across a variety of locations, including kiosks and retail stores.

Zac Cheah, CEO and Co-founder of Pundi X Labs, said:

“Many big businesses already access the crypto benefits of trusted record-keeping transactions. Now, an XPASS card loaded with crypto enables ordinary people to embrace the crypto-future, including millions of unbanked South Africans. Our partnership with DoshEx enables us to tap into the early-adopter market.”

Merchants will install XPOS readers and distribute XPASS cards to buyers. The XPASS cards pre-loaded with cryptocurrency, allowing users to make easy transactions on the blockchain without needing a bank account.

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