Crypterium has developed a universal solution that has the ability to replace expensive and restricted
POS contactless terminals, or simply act as an alternative to those terminals when the merchant has
no access to them or would prefer an enhanced experience. To receive cryptopayments, the
merchant has to simply install a special Crypterium App on their mobile device, such as a tablet,
which in turn produces QR payment codes containing all of the essential payment details. The
purchaser uses their Crypterium mobile banking solution to scan the QR code and the payments are
processed practically instantaneously.