AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
PAX Technology and Lunu Pay Collaborate to Support Cryptocurrency Payments on 80 Million POS Terminals Worldwide
ByAinvest
Thursday, Jul 17, 2025 7:14 am ET1min read
PAX Technology has partnered with Lunu Pay to support cryptocurrency payments on 80 million POS terminals globally. Through a software upgrade, merchants can accept over 30 cryptocurrencies, including Bitcoin and Ethereum, without needing to replace hardware. Lunu Pay offers real-time fiat currency exchange services and supports 30 fiat currencies, eliminating exchange rate risks. Consumers can use MetaMask and Binance wallets to complete payments. The system currently covers 120 countries.
In a significant move toward widespread crypto adoption, PAX Technology has partnered with Lunu Pay to facilitate cryptocurrency payments across its global network of 80 million POS terminals [1]. This strategic collaboration allows merchants to accept over 30 cryptocurrencies, including Bitcoin and Ethereum, without needing to replace existing hardware. The integration enables consumers to use popular wallets like MetaMask and Binance to complete transactions seamlessly.Lunu Pay's real-time fiat currency exchange services support 30 different fiat currencies, effectively shielding merchants from volatility risks associated with cryptocurrencies. The system currently operates in over 120 countries, making it one of the largest global deployments of crypto payment capabilities. This software-based upgrade represents a rare instance of crypto payments expanding through existing financial infrastructure, rather than requiring new hardware or significant changes to existing systems.
For consumers, the integration means they can pay using familiar crypto wallets at a familiar checkout point. Merchants, on the other hand, benefit from crypto acceptance without the complexity or risk typically associated with cryptocurrencies. The partnership underscores the growing acceptance of digital currencies as a viable payment method in the global retail market.
References:
[1] https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=pax-and-lunu-pay-enable-crypto-payments-at-80-million-terminals-globally
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet