Salamantex and Dash agree on co-operation, will work together on cryptocurrency payments
Tulln, January 2019
Salamantax, the crypto payment service provider for merchants, is entering a co-operation with electronic cash pioneers Dash.
Now customer visiting businesses supported by the Salamantex SX1801 POS Terminal, enjoy one more cryptocurrency to choose from besides Bitcoin. By installing the terminal, merchants can accept cryptocurrencies for their services, enjoy a monthly turnover reporting on each payment. The system handles the risk of Crypto to fiat exchange – a major barrier for most newcomers to digital currencies.
Of course, on the user side cryptocurrencies are not yet widely accepted as most regard Bitcoin and other currencies just as speculative investments. Last year Bitcoin took a spectacular dive from its high of 20,000 USD to now just above 3400 USD. Many took this to mean that the era of Bitcoin and digital currencies is over. Yet the total market cap remains a fraction of fiat total money supply by comparison, so there is a huge base for growth. There is indeed a wide community of digital currency enthusiasts waiting for opportunities to spend in an easy manner. The Salamantex payment system unlocks this potential: Merchants adopting the SX1801 Payment terminal have seen an increase in business by cryptocurrency enthusiasts, among them restaurants and car dealers throughout Austria.
„Customers tell us that staying ahead of the competition and hoping to unlock new customer segments are the main reasons for installing the SX1801. Adding Dash as a payment option I believe is a sign of our future expansion plans ahead.“ Those plans stretch from Asia to Eastern Europe where combined already about 500 Terminals have been sold.
„With this cooperation we are taking a huge step forward towards realising a payment ecosystem, where paying with cryptocurrencies is absolutely easy for everyone“, states Salamantex CEO René Pomassl. We can once again demonstrate to everyone: Cryptopayments work. Of course the fast Dash blockchain and its wide usage across the globe as a leading cryptocurrency make us very proud of this partnership. We will continue to work hard towards real mass adoption in the payment space via our Salamantex POS Terminal“.
For the future Dash and Salamantex plan to tour the industry circuit at conferences and trade shows together. Dates are as of yet unannounced.
photo credits: Salamantex
from left to right: Salamantex Co-Founder Felix Herrmann and Armenak Tüysüz with CEO Dash Embassy D-A-CH Jan Heinrich Meyer and COO Dash Robert Wiecko
Salamantex is a young, dynamic company, dedicated to providing all-in-one payment system solutions. The Salamantex Crypto Payment Service Software offers companies the opportunity to accept cryptocurrencies as a means of payment. The special Crypto Payment Terminal is a complete package of hardware and software and offers "the easy way for crypto pay."
Head of Marketing Salamantex
Dash Embassy D-A-CH
Jan Heinrich Meyer
CEO & Founder