SecuX launches crypto POS payment ecosystem to complement hardware wallets

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Meet SecuX. The company, a provider of blockchain-basedsecurity solutions based in Taiwan since 2018, has expanded its offering withthe launch of a cryptocurrency point of sale (POS) payment ecosystem.

The launch, which was made exclusively at Blockchain Expo North Americayesterday, means the company moves beyond its previous product line aroundhardware wallets. Attendees were able to see a demonstration of the POC systemand how users can pay using the app on either vending machines or through physicalstores.

Demonstrations of the V20, W20 and W10 wallets were alsoavailable, with the V20 wallet being praised by Crypto Renegade inan October review for its build quality, security and support functions.

Of the various aspects of SecuX’s hardware which stand out, screensize is the most important to the company. “We would like a build auser-friendly bridge for every cryptocurrency user on blockchain to enjoy themost convenient and safe experiences on the storage of their valuablecrypto-assets,” a spokesperson told The Block. “That is why you may seethe design of the wallet – in terms of creating the account and doing thetransactions – is very straightforward, simple and intuitive.”

The company claims to be the first to integrate the separate areas of cryptocurrency storage and payments with hardware wallets and brick and mortar POS terminals. Of the collection of products there are five classes in total; the P20 payment terminal, the M20 payment module, a merchant payment app, merchant payment hub, as well as the three wallets.

The company has seen solid traffic at the Blockchain Expo show,particularly noting the US as a key area for thought leadership and expansion. “Wereally look forward to meeting the potential partners who may align with us andendeavour mutual collaborations for a new and beneficial era,” the spokespersonadded.

SecuX said the cryptocurrency physical store payment terminal will become fully available around Q1 2020.

Picture credit: SecuX

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