What’s the difference between PANDI X & POS?

Blockchain and Technology
Creators of the NPXS token hope that it will one day be used on their Ethereum-based Point-of-Sale (POS) devices.



What’s the difference between PANDI X & POS?

Blockchain and Technology

Most of you are familiar with the point of sale (POS) systems, even if you don’t understand the difference between PANDI X & POS?


What’s PANDI X?



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What’s the difference between PANDI X & POS?

Pundi X is the project that wants to make spending crypto as easy as a credit card.

Creators of the NPXS token hope that it will one day be used on their Ethereum-based Point-of-Sale (POS) devices.

This approach could give basic banking services to underdeveloped regions like Latin America and  Indonesia.


Pundi X (NPXS) aims to make the use of cryptocurrency as a form of payment into a reality for retailers and consumers alike.

By applying the technology to a series of real-world use cases such as cards and the XPOS point-of-sale devices, the team has built products that could accept the NPXS token for goods and services.

With the goals of supporting retail intelligence, marketing & loyalty programs as well as inventory & order management systems, the Pundi X Point-of-Sale device could help to support digital commerce worldwide.


Providing a borderless payment ecosystem beyond fiat.

There are many reasons why people are now turning to digital currency.

The most obvious use case is for transactions, but digital currency also plays a key role in promoting financial inclusion, overcoming foreign exchange issues, and even mitigating the instability of fiat currency.

People all over the world are eager to get their hands on our blockchain-based payment solution, the XPOS. Emerging markets want the XPOS to stabilize their payment ecosystem amid hyperinflation.

Developed markets are partnering with us to digitize and modernize their payment infrastructure using our blockchain technology.

Pundi X is the world’s largest decentralized offline cryptocurrency sales network.

The platform helps to facilitate the process of buying goods for digital currency.

The project provides a complete solution for the sale of cryptocurrency online and offline. It includes a decentralized sales network, a multi-currency wallet, a decentralized trading platform, a generalized ICO platform, and even offline entry points that are installed in stores.

The company wants to distribute their devices, named Pundi X POS, in Indonesia and South Asia due to the lack of bank accounts in these regions.

Every device connects to the Ethereum blockchain via XPlugins.

The ticker of its internal cryptocurrency is NPXS with a total supply of 175 Mio.

Built around the ambition to make the cryptocurrency use as “easy as buying bottled water” Pundi X project was launched with a clear mission statement:

making it possible for users and businesses to acquire and use cryptocurrencies at any time and in any place. The currency’s business model allows the merchants to sell their stuff by recording transactions directly on the blockchain, eliminating the need for mainstream credit card services.

It made possible using Pundi X hardware devices which are installed on the merchants’ point-of-sale payment processing systems.

In addition to cutting the path between retailers and customers, Pundi X developers see the project bringing easier access to essential banking services for the larger populace in the developing countries.

What’s the difference between PANDI X & POS?


Why we need it?

The project aims to make cryptos more accessible without the need for the users to understand how they work under the hood, just as they can use smartphones without studying their technical manuals.

This is different from most of the cryptocurrencies, including Bitcoin, which are complex pieces of technology with a rather steep learning curve.

Concepts like “blockchain,” “private keys” and “wallets” remain obscure for the population with no interest to delve into the technical details.


The inability to use cryptos as a means of payment for buying everyday products hurts both the crypto-friendly merchants and users. Pundi X hopes to correct it with its software and hardware solutions.

The team sees a flaw with the existing cryptocurrency ecosystem in the fact that the range of products and services one can buy with cryptocurrencies is still limited.

In many cases, the products are offered by specialized stores most people have never heard before.


How Does Pundi X Work?

The project Pundi X is building connects POS devices to Ethereum’s blockchain through two communication layers using X plugins.

These devices are then delivered to retail businesses to install on their POS platform, which includes card readers, mobile wallet NFC scanners, and other payment technologies.

The two layers mimic traditional bank-based payment verification and approval processes in that one communication layer deliver the buy request and the other records the sale.

Here’s how it currently works with your credit or debit card.

When you insert your payment card into the POS device, the chip or magnetic strip is read for basic account information.

These details are sent to the acquiring bank or processor through an internet connection or phone line.

You are then authenticated via a PIN, CVV, etc., the transaction is completed, and a receipt is printed.

In the days following the transaction, the merchant, cardholder, and acquiring bank clear and settle the payment. This delay is mostly invisible to the cardholder, aside from records appearing on our account statements.

Price volatility is a huge concern, as retailers could easily lose 10 percent up to triple digits in a day from crypto pricing variations.

Selling a $100 item and only getting $80 at the end of the day means taking a 20 percent pay cut, which is a massive chunk of the 25-35 percent margin averages retailers enjoy.


Pundi X is hoping its blockchain-based solution will make retailers more accepting of crypto-based payments.

It even issued its own NPXS-backed XPass credit card. But, as we discussed in our blockchain disrupting retail article, transaction fees aren’t the primary hurdle to overcome with retailers.

What’s the difference between PANDI X & POS?

The Pundi X team brings to the table its solution, which comes in three ecosystem components designed to work together. These are:


Pundi XPOS devices

Pundi X wallet and app

Pundi X contactless card payment system

Pundi X token

These components are supposed to help Pundi X bring to life what its creators describe as the preservation of “the original Bitcoin vision” concerning its implementation in real life and providing an incentive to use cryptos as a means of payment.


Pundi X also debuted its XPhone at January’s CES 2019 in Las Vegas.

The blockchain-based phone and its Function X protocol are competing with Samsung’s Electroneum-based M1 platform and HTC’s crypto-enabled Exodus 1.




Pundi X Summary

Pundi X has high ambitions, but they may not be enough to overcome current objections from the retail industry about accepting crypto as payments.

It built a solid project, however, and is already top-performing crypto, despite its early age.

The success of Pundi X depends on its execution on its key advantages.


Pundi X focuses entirely on creating physical retail point-of-sale devices capable of accepting cryptocurrency payments.

NPXS is an ERC-20 token on the Ethereum blockchain.

It is accepted by major exchanges and can accept ETH, BTC, and BCH as trading pairs.

Pundi X has lower transaction fees than traditional credit cards.

Unfortunately, it’s stifled by crypto’s volatility compared to fiat currencies.

If it can get the right pieces in play, Pundi X could be a solid investment that could stand the test of time.

We don’t know yet what it will take for cryptocurrencies to be accepted by mainstream businesses and mom and pop shops.

What’s the difference between PANDI X & POS?

Stabilizing prices will help, and if it ever happens, Pundi X will be in the right place at the right time.


How can we use pondi x?

Pundi XPOS device has an easy-to-use interface and helps the store owners to facilitate transactions, including buying and selling BTC, ETH, XEM, QTUM, or ACT.

It also has a check-out menu to complete the transactions with cryptocurrencies.

Membership, order, and inventory management are all integrated here.

When the staff conducts a transaction, for example, buying Bitcoin, the customers can see the price in the local currency.

Then they show QR code from their wallets for the scan and complete the Once the transaction is successful, Pundi XPOS device will print out the receipt for customers and the store owners to keep.

For the advertiser, they can also purchase ad inventory on the receipt with NPXS so that the store owners can increase revenue.

What’s the difference between PANDI X & POS?


 transaction immediately

Pundi X team is now establishing a partnership with exchange platforms, cryptocurrency wallets, fashion brands, and chain stores to launch cryptocurrency payment cards.

For the customers who don’t know how to use the mobile payment to conduct a transaction, they can buy and use cryptocurrencies with ease.

It is very easy to use.

When it comes to the payment, the staff will ask the customers to use their Pundi XPASS cards.

The customers will see the rate of the selected cryptocurrency on the screen.

Once confirmed the rate, they can tap the card and complete the transaction.

Pundi XPOS will print out the receipt for both customers and the store owners.

Type of Cards

Main card

The customers use the main card to conduct transactions, just like how they use the metro top-up card.

The main card contains the private key information, encrypted

Security card

The security card is only for activating and recovering the main card.

The customers need to keep the security card safely and never bring this card together with the main card.

What’s the difference between PANDI X & POS?


What’s Pos?



What's the pos?

Most of you are familiar with the point of sale (POS) systems, even if you don’t realize it.

They’re the software and hardware that a retail business needs to run their business.

From ordering and managing inventory to processing transactions, managing customers and staff, the point of sale is the central hub that helps retailers grow their business.

POS systems have enabled anyone, from business-savvy entrepreneurs to artisans who want to turn their passion into their profession, to open a retail store and grow.

So let’s get into answering your burning POS questions.


What is a POS system?

A POS System is the actual software and hardware you use to manage your business.

It’s the tool you use to analyze and order your inventory, employees, customers, and sales.

Traditionally, POS systems were on-premise, which means they used an on-site server and could only run in a specific area of your store.

That’s why your desktop computer, cash register, receipt printer, barcode scanner, and payment processor were all set up at your front desk and couldn’t be moved (well, moved hassle-free).

In the early 2000s, a big technological breakthrough happened: the cloud.

With the advent of cloud-based storage and computing came the next step in POS technologies evolution: mobility.

What’s the difference between PANDI X & POS?



What is a POS transaction?

A POS transaction is the moment where a transaction is finalized or the moment where a customer tenders payment in exchange for goods and services.

Any form of payment can be used, such as cash, debit cards, credit cards, mobile payments, and even accumulated loyalty points.

In order for a POS purchase to be completed, a PIN number, signature or for newer mobile payment technology, a fingerprint scan usually needs to be authenticated before an authorized transaction can be made.

The authentication information from the PIN number or other security features then travels through the ATM networks until it reaches its destination–the issuing bank.

At this point, the bank can either authorize it or deny it depending on the transaction type and how much funds are available in the cardholder’s account.


What’s the difference between PANDI X & POS?

Disadvantages of the Point Of Sale (POS) System

Initial costs can be expensive, Training/retraining of staff and Malfunctions may disrupt service.


Disadvantages Of Not Having POS.

– You need the manpower to make up for the lack of information offered.

Having to approach every customer, client or individual would probably be quite exhausting but unfortunately is a must without adequate back up of POS.

– People may not understand what your business is on the outside without a prompt.

Yes you may have a fabulous name, but if it doesn’t directly echo the point of your brand, people may just pass on by!

– Once they’re inside they still might not understand what your company is about.

People are very visual, but their eyes will scan for something to read, so make sure you’re giving it to them somehow.

– Offers and information about brands or products may not be communicated properly.

Maybe you’re selling something at a discount, but unless someone physically checks the label, they’ll never know. POS helps to communicate where the discounts are.

– You may lose custom by not being able to communicate with your leads effectively.

Being ignored isn’t nice, but a welcome and farewell sign softens the blow of not being able to talk to a human being!

– Your competitors may have stronger branding or messages because of their POS.

It’s a case of a little fish in a big pond. You want to give your fish (your business) a fighting chance against your competitors, and strong branding via POS is a handy tool indeed!

What’s the difference between PANDI X & POS?



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