PalmPay is a versatile Point of Sale (POS) system designed for businesses to accept a wide range of cryptocurrencies including Bitcoin, Ethereum, and many others, with zero fees. This free application requires minimal setup, allowing users to register and start processing payments in under three minutes. Transactions are secured via the decentralized Bitshares blockchain, ensuring that private keys remain within the app and all transactions are encrypted. Customers can pay using their preferred cryptocurrency and mobile wallet, making it a flexible option for modern businesses.

In addition to facilitating payments, PalmPay offers features such as eReceipts, which can be exported for accounting purposes, and loyalty points that businesses can use to incentivize customers. The application is designed for high-speed transactions, capable of processing over 3300 transactions per second, making it suitable for high-volume environments. Its roadmap includes plans for future enhancements, ensuring that it remains a competitive choice in the evolving cryptocurrency landscape.