PDX Global, a digital banking firm, plans to launch a live test for its platform, PDX Beam, which allows users to convert cryptocurrencies to fiat and conduct cash transactions in seconds. PDX Beam aims to become the first end-to-end payment transaction process and crypto-to-cash payments platform for merchants and consumers. The app eliminates the need for traditional intermediaries like credit cards and banks, allowing users to avoid banking charges and payment delays. Merchants can accept crypto payments without needing to own a crypto account, as the platform is integrated with point-of-sale systems and business software. The platform aims to bridge the gap between crypto and traditional currencies and expand the potential of crypto as a form of everyday payment. After five years of development, the app is capable of performing live payment transactions in 30 seconds or less, with the target of 15 seconds or less by launch.



Other News from Today