Samsung Galaxy S10 users are now able to use Pundi X’s crypto wallet and spend crypto in an associated blockchain point-of-sale device.
Smartphones manufacturer Samsung and cryptocurrency payments startup Pundi X’s new cooperation will allow users to integrate the XWallet app to their Samsung Blockchain Wallet.
In a blog post published on July 29, Pundi X revealed that it has integrated its cryptocurrency wallet solution into the Samsung’s blockchain ecosystem, thus marking growing adoption of blockchain technology. The post reads:
“Samsung Galaxy S10 users can move cryptocurrencies stored in the Samsung Blockchain Wallet into the XWallet, which they can then use as a checking account for instant crypto transaction with Pundi X’s global payment ecosystem.”
Currently, the XWallet supports digital currencies such as Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), KuKoin Shares (KCS), NEM (XEM), KNC, Qtum (QTUM), as well as Pundi X’s native tokens NPXS and NPXSXEM.
The app enables users to move cryptocurrencies stored in the Samsung Blockchain Wallet into the XWallet, which is also available with the XPOS, a blockchain point-of-sale device deployed across 25 countries.
Samsung first revealed that its new Galaxy S10 series will have wallet functions for digital currencies in February. Later in May, news broke that Samsung’s budget smartphones will also feature cryptocurrency and blockchain features. At the time, Samsung’s official said:
“We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.”
Earlier in July, Pundi X announced that it integrated its crypto payments system into a device made by American point-of-sale systems producer VeriFone. The initiative aims to allow a wider network of retailers to accept payments in cryptocurrencies.