Pax Technology partners with Lunu Pay to enable crypto payments across a global network of over 80 million terminals, encouraging retailers to accept Bitcoin, Ethereum and more, with immediate fiat conversion and zero volatility risk.
80 million payment devices to accept BTC, ETH and other cryptocurrencies
In a major step towards real-world crypto adoption, PAX Technology, one of the world’s largest payment terminal providers, is working with crypto payment company Lunu Pay to bring cryptocurrency acceptance to physical retailers.
According to an exclusive share with Bitcoin.com News, the partnership allows Pax’s Android-based POS (Point of Sale) devices to accept over 30 cryptocurrencies, including Bitcoin and Ethereum, without the need for new hardware.
Through this integration, customers can pay using wallets such as MetaMask, Binance, and Trust Wallets. Behind the scenes, Lunu effectively protects merchants from crypto price volatility with instant fiat conversions on same-day payments in over 30 Fiat currencies, including USD, EUR and GBP.
With over 80 million PAX devices deployed in over 120 countries, this software-based upgrade allows for large-scale seamless cryptographic checkout. This is a rare case of crypto payments expanding through existing financial infrastructure. For consumers, it means paying with crypto at a familiar checkout. For merchants, it is the acceptance of cryptography with no complexity or risk.