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crypto.news 2025-02-21 10:27:36

PDX Global’s crypto-fiat payment app debuts on App Store and Google Play

PDX Global’s crypto-fiat payment app debuts on App Store and Google Play

PDX Global’s crypto-to-fiat app, PDX Beam, is now available on Apple’s App Store and Google Play allowing 800,000 merchants to accept crypto. According to a press release sent to crypto.news, the crypto-to-fiat payment app has been integrated into the Clover payments processing network. This means around 800,000 merchants on the Clover network will be able to use the PDX Beam platform to accept cryptocurrency payments. PDX Beam is the first direct crypto-to-cash payment platform that caters to the needs of merchants and consumers. It is now available for Apple devices and Google Play Store users. Through PDX Global’s payment app, users will be able to use it to pay registered merchants using cryptocurrency that gets directly converted into cash on the merchant’s side of things. This way, merchants do not need to go through intermediary trading platforms, credit cards or banking charges if they want to accept crypto payments. PDX Globa’s crypto-to-cash payment app, PDX Beam, is now available on the App Store | Source: PDX Global Read more: PDX Global schedules live beta test for rapid crypto-to-cash payment platform on Dec. 19 PDX Beam can be deployed with any in-store or online point-of-sale system using a simple API. To make payments, customers can use the app to generate a barcode for the sale which is later scanned by the merchant. The crypto paid by the customer is then converted into local currency without either side having to pay gas fees for network use on the blockchain. Therefore, the platform is able to eliminate the risks of chargeback fraud occurring. PDX Global CEO, Shane Rodgers, considers the launch of PDX Beam on the major app stores as one of the milestones for the firm. He stated the app already has a “large and fast-growing ‘one-click integration’ base” but it plans to expand its reach in terms of user count and partnered merchants. “We expect to have additional major opportunities to reach both the huge number of consumers who want to use their crypto as well as the merchants who want to accept it as easily as they accept Visa, Mastercard or Apple Pay,” said Rodgers in a statement. Based on data from Security.org, in 2025 around 65 million people in the U.S. have admitted to owning crypto or 28% of American adults. Meanwehile, a Deloitte survey revealed that 85% of merchants expect crypto will be used for daily transactions within the next few years. Last December, PDX Beam finished a round of testing for the app and claimed it was ready for a live public beta test. At the time, PDX Global’s crypto-to-cash payment platform was able to perform transactions seamlessly within 30 seconds or less. The team expected the platform to be able to perform transactions in 15 seconds or less when it officially launches. You might also like: KuCoin launches new crypto payment solution for merchants

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