Pundi x was founded in 2012 by a team well known for making cryptowallets. Their aim was to found a blockchain project that can connect cryptocurrency wallet users to an ecosystem in which
Cryptocurrency can be used for making payments for various transaction. This will eliminate the need to worry about converting cryptocurrency to flat Currencies since all is available in the wallet.
To achieve this pundi x provided it's payment system that offers XPOS, Xwallet and Xpass.
The pundi x POS is connected to ethereum blockchain pluggins. With it people can buy and sell using the POS without needing to go to bank. This will really help particularly where banking services is scarce or poor.