PDX Global adds $TRUMP cryptocurrency token to Beam platform enabling physical and online payments

Digital payments specialist, PDX Global, reports that PDX Beam, its proprietary crypto to cash payments platform for consumers and merchants, now hosts and supports OFFICIAL TRUMP, the $TRUMP token.

The addition to the list of Beam hosted cryptocurrencies enables holders to purchase everyday goods and services from bricks and mortar or online merchants.

PDX Global claims that the gateway integrates with any Point of Sale system for a near instant crypto to cash conversion at a fraction of the cost charged by Visa and Mastercard, with no crypto exposure or risk whatsoever for merchants. Integration costs the merchant nothing, does not require any additional equipment, and does not disrupt other supported payment rails.

“There are more than 642,000 $TRUMP token holders whom merchants would like to serve,” says Shane Rodgers, CEO, PDX Global. “Token owners themselves can now use their holdings to purchase real-world goods and services rather than simply hanging on to these assets as a speculative investment. PDX Beam enables them to pay for goods and services with their tokens using their PDX Beam app - and no cards required.”

The OFFICIAL TRUMP ($TRUMP) crypto token was launched on the Solana blockchain on 17th January, just days ahead of President Trump’s inauguration. Two hundred million of the one billion total tokens were publicly released in a sale.

The Beam platform can be integrated into existing PoS terminals at no cost to the merchant. Once set up, the merchant generates a QR code that is scanned by the customer’s phone from their crypto wallet. Settlement of the funds into the merchant account in local fiat currency typically takes as little as 15 seconds.

“Using PDX Beam as a payment option sidesteps the antiquated Mastercard/Visa card system that requires merchants to pay, in some cases, as much as 7% in interchange fees, and wait anywhere from two to eight days for settlement,” says Rodgers. “And merchants never see or touch the crypto, so there is zero exposure and zero risk - the conversion happens internally within PDX, with local fiat currency settling directly and immediately into the merchant’s bank account.”

“This integration with $TRUMP gives, for the first time, true utility to the hundreds of thousands of token holders who want to find a way to turn their investment into a medium of exchange."

PDX Beam is currently running a beta test programme with merchants and vendors across various verticals in the US.

2025 RTIH INNOVATION AWARDS

Payments will be a key focus area at the 2025 RTIH Innovation Awards.

The awards, which are now open for entries, celebrate global tech innovation in a fast moving omnichannel world.

Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”

He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”

“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”

Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended November's gathering. 

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