Zeux adds IOTA for Crypto Payments at Retail Stores

0 28


LONDON, UK (March 21, 2019) — Payments and banking services app Zeux has teamed with the IOTA Foundation to create a system that will allow users to use MIOTA tokens as payment with merchants that accept Apple Pay and Samsung Pay.

Zeux, an FCA authorized financial service company, will launch in Europe this April and in the US in 2020 at hundreds of merchants, ranging from coffee shops to grocery stores. The app company provides a simpler way to pay, bank and invest by integrating all these services onto one place. It is a digital banking solution for both fiat and cryptocurrencies and leverages a long list of third-party partners to provide integrated investment products to its customers. The company charges no fees for account opening, money transfers, top-up or crypto payment commissions.

David Sønstebø, founder and co-chairman of IOTA Foundation, said “This partnership with Zeux will provide a significant convenience benefit for IOTA ecosystem. We are very excited for this. Now IOTA digital currency can be used as payment with merchants that accept Apple Pay and Samsung Pay. By combining existing technology with another form of currency, this is a big step forward towards the adoption of crypto for the masses.’’

Frank Zhou, Founder and CEO of Zeux, said the partnership will drive the widespread adoption of cryptocurrency use in daily lives.

“Zeux is very excited about partnering with the IOTA,” Zhou said. ”As a distributed ledger with zero transaction fees, The Tangle is a very promising chain for us to build our customer data Dapp. This marks another step forward in our journey. We look forward to working with IOTA and giving their customer base even more financial freedom.”

Telegram Group: https://t.me/zeuxapp
Twitter: https://twitter.com/ZeuxApp
Facebook: https://www.facebook.com/ZeuxApp
Website: www.zeux.tech
Whitepaper: Read here

About IOTA Foundation

IOTA is a not-for-profit foundation incorporated and registered in Germany. The IOTA Foundation’s mission is to support the development and standardization of new distributed ledger technologies (DLT), including the IOTA Tangle. The IOTA Tangle is an innovative type of DLT specifically designed for the Internet of Things (IoT) environment. It is an open-source protocol facilitating novel Machine-to-Machine (M2M) interactions, including secure data transfer, fee-less real-time micropayments, and the collection and dissemination of sensor-based and other data. www.iota.org

The mission of Zeux is to transform existing financial services by making complex, expensive and burdensome financial management processes simple, convenient and affordable for the customer, thus making the best services accessible to everyone. Zeux is an FCA regulated entity which has soft-launched its product and will officially launch its operations in the EU in 2019. It has the ambition to roll out services to the rest of the world in 2020. With your support for the Zeux project, we will accelerate the development and bring this best-in-class product to benefit millions of users around the world. By combining blockchain technology, biometrics and artificial intelligence, and by bringing the fiat and crypto worlds together, Zeux provides an integrated solution that offers multiple functions for financial services including; secure mobile payment for both fiat and crypto, decentralized money transfer, access to multiple bank accounts, access to multiple traditional and crypto investment products, a secure personal data vault and a KYC concierge for hassle-free account opening. On the Zeux platform, a customer can easily manage all their financial portfolios. All transactions using the Zeux wallet will be performed in a highly secure environment that meets the highest standards and uses the most advanced cyber system security protocols. With the support of Zeux, everything can be done with a few simple clicks. Zeux is a single-entry investment platform that combines the best of traditional investment options with a wide array of crypto investment opportunities. On top of that, the Zeux platform will reward those that opt into the cryptocurrency world by giving them an investment fee discount.



You might also like

Pin It on Pinterest

Share This

Share this post with your friends!

WhatsApp chat