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Based in Brazil, Pago Digital started as just Rakan Almerida’s dream to have a business. He wants to become one of the pioneers in Latin America’s digital services scene, with the eventual aim of having a substantial presence in each state of Brazil.
The value of this goal cannot be overstated. Over the past few years, Brazil and the rest of its Latin American neighbors have become a veritable boomtown for the digital payments scene and with good reason. Smartphone penetration in the region is at 60 percent and is expected to reach 76 percent by 2025. Additionally, the volume of online sales in the region is growing at about 19 percent per year.
As a result, some Latin American businesses have sought out partners to streamline and speed up the adoption of digital payment systems. In Pago Digital’s case, they’ve adopted the XPOS platform developed by Singapore-based company Pundi X. The XPOS is a point of sale system that can be installed in brick-and-mortar stores, enabling them to complete transactions on the blockchain.
This case study will explore the ways Pundi X’s XPOS platform have impacted Pago Digital’s business and what the future may hold for their partnership.
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More: https://medium.com/pundix/xpos-merchant-pago-digital-explores-the-potential-of-blockchain-based-digital-currency-bf6176636ae4
