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# Blockchain-Based POS Systems
The 'Pundi X' Helps Stores Conduct Multi-Cryptocurrency Transactions

By Laura McQuarrie | Published 2018-07-12 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/pundi-x
References: [prnewswire](https://www.prnewswire.com/news-releases/hong-kongs-fama-group-first-to-accept-cryptocurrency-with-pundi-x-pos-device-300679159.html) & [pundix](https://pundix.com/)

There are now thousands of cryptocurrency-accepting shops and restaurants around the world and the Pundi X is a [blockchain-based point-of-sale system](https://www.trendhunter.com/trends/vibe-retail) that is further helping retail stores to participate in multi-cryptocurrency transactions. In partnership with [Hong Kong's](https://www.trendhunter.com/trends/wearable-skin-patch) FAMA Group, Pundi X is now making it possible for customers to make locally sourced, organic food purchases from the restaurant chain using everything from BTC and NPXS to ADI and more.

The easy-to-install Pundi X POS device gives retailers the flexibility to offer both cryptocurrency-to-fiat and cryptocurrency-to-cryptocurrency transactions.

A growing number of global retailers are adopting convenient cashless systems, with a select few even going as far as to accept cryptocurrencies as the only form of payment.

## Trend Insights (Trend Hunter)

- Score: 3.3/10
- Popularity: 45% | Activity: 45% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Retail](https://www.trendhunter.com/retail)

## Key Themes

### What Makes This Trend Stand Out

- **Cryptocurrency-accepting Shops:** The growing number of cryptocurrency-accepting shops presents an opportunity for retailers to adopt blockchain-based POS systems for multi-cryptocurrency transactions.
- **Cashless Systems:** The adoption of cashless systems by global retailers opens up potential for disruptive innovation in POS solutions that support both fiat and cryptocurrency transactions.
- **Blockchain-based Payments:** The rise of blockchain-based payment systems like Pundi X creates opportunities for retail stores to participate in multi-cryptocurrency transactions and attract customers seeking alternative payment methods.

### Sectors Adopting This

- **Retail:** The retail industry can benefit from blockchain-based POS systems to enhance payment options and cater to the growing demand for cryptocurrency transactions.
- **Cryptocurrency:** The cryptocurrency industry can leverage the adoption of blockchain-based POS systems to expand acceptance and usability of cryptocurrencies as a form of payment.
- **Food and Beverage:** The food and beverage industry can explore partnerships with blockchain-based POS providers to offer customers the ability to make purchases using a variety of cryptocurrencies.

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