Pundi X Partners With OVO Dijital Servisler To Bring Crypto More Reachable For Turkey

A leading developer of blockchain-powered devices’ PUNDI X thrilled to announced that its products and services is now be available in Turkey via distribution by platform-as-a-solution company OVO Dijital Servisler A.S.

The distribution of Pundi X products in Turkey will primarily focus on business owners looking to facilitate easy in-store cryptocurrency exchange. How this will work is that Pundi X will focus on setting up physical cryptocurrency exchange spots, where trading cryptocurrency is as easy as traditional money exchange.

 “Pundi X platform is fully compliant to the new crypto asset regulation announced by the Central Bank of Republic of Turkey on Apr 16, 2021. There is [even] no need for large sums for this as there is no sub-transaction limit on the platform. In other words, consumers who are interested in cryptocurrencies will be able to visit any Pundi X point and perform crypto transactions even in small amounts like 5 Turkish lira.”—Hakan Akyüz, the General Manager of OVO

OVO holds years of experience enabling mobile payments in Turkey. Among some of their products include the oWallet which leverages Apple Wallet and Android Wallet tech to easily give insights into customer spending habits and help companies improve their relationships with their customers.

Distribution of Pundi X products will first aim to hit 81 cities all over Turkey, with at least one Pundi X transaction point each. In the country’s largest city of Istanbul, Pundi X aims to have at least one point for each of the city’s 39 districts.

The collaboration between Pundi X and OVO shows just how much potential there is behind cryptocurrency. With digital transactions these days now becoming more of a necessity than ever, Pundi X’s expansion in Turkey could set the stage for a society where people have more control over their digital assets than ever.

ABOUT OVO Dijital Servisler A.S
OVO Dijital Servisler A.S. founded by Hakan Akyüz and Erhan Tezakar in 2018, serving well-known largest companies of Turkey in the Digital Wallet & Loyalty Solutions field. The company who won Gold PSM award as “Most Innovative Mobile Payment Product of the Year” in 2019 by leaving behind the biggest financial institutions, aims to become a global player in the Mobile Payments industry by launching its patented Mobile Wallet technology to the use of end-consumers soon.

ABOUT PUNDI X
Pundi X is a leading developer of blockchain-powered devices, including the world’s first point-of-sale solution, the XPOS, which enables merchants and consumers to do transactions on the blockchain in physical stores.

RESOURCES
Medium