Singapore Crypto Payment System Paytomat Names Bitcoin Diamond the Newest Addition to the POS Wallet

Paytomat, a Singapore-based decentralized crypto payment system, announced on Thursday it has added Bitcoin Diamond (BCD) to its point-of-sale (POS), wallet, and settlement system, which includes both crypto-to-crypto and crypto-to-fiat settlements.

Founded in 2016, Paytomat is currently used by more than 300 merchants, brick-and-mortar and e-commerce alike. The company’s Wallet accepts nearly 20 of what it considers the world’s most powerful cryptocurrencies. It works as a convenient multi-coin tool allowing to store and manage assets in one secure app.

“Paytomat Wallet is a convenient multi-coin tool allowing to store and manage assets in one secure app. It is the fastest way to transact in the Paytomat ecosystem. Moreover, it supports mQR (Merchart QR) natively from the Merchant App (available on App Store and Play Market), and right after launch of the Loyalty program Paytomat customers will receive bonuses for each transaction.”

Paytomat then noted that customers may now hold BCD and other crypto assets all in one place and make instant payments at their selected stores, while receiving current fiat value updates for each crypto. The company added:

“BCD and Paytomat share a goal of bridging the gap between retail and cryptocurrency. With the practicality of BCD and convenience of Paytomat’s suite of technologies, accepting cryptocurrency payments is quickly becoming a reality for a large number of traditional and e-commerce merchants around the world.”

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