Georgian Fintech startup CityPay.io and cryptocurrency exchange company Bitnet entered Georgian market with the new joint product - crypto POS terminal.
With the development of cryptocurrency and blockchain, it is becoming increasingly difficult for individuals and businesses to use cryptocurrencies not for investment but for daily needs.
The POS terminal lets customers to pay with cryptocurrency in chain stores and trading centers.
From today onwards, owners of Cryptocurrency are able to pay with the POS terminal in restaurants, touristic stores, supermarkets, and hotels.
One can pay with the POS terminal while taking 2 simple steps, to choose the currency and then scan the QR code.
During the transaction, the business owner's account shows the exact amount of price that is the value of the product, in the national currency, and, most importantly, without paying an additional fee.
One can pre-order the POS terminal by registering their business on the
CityPay's website.