Good news for the crypto world: a new partnership between Zeux and IOTA Foundation was announced yesterday, which will allow the Zeux app, designed to be used in stores, to process contactless payments in crypto for all those who accept payments with Apple Pay, Samsung Pay and Google Pay.
In fact, through the Zeux app, which will be launched next month, it will be possible to manage several crypto and fiat currencies.
Users will be able to use MIOTA as a payment option rather than traditional payment methods. At the time of purchase, the MIOTA tokens will be deducted from the wallet and the merchant will directly receive fiat money, without the merchant taking the risk of the volatility of the cryptocurrency’s price.
There will also be 5 other cryptocurrencies that will be supported by the Zeux app in addition to IOTA: these are Bitcoin (BTC), Ethereum (ETH), Bitcoin SV (BSV), and Qtum (QTUM), allowing each user to use their preferred cryptocurrency without having to specifically use the MIOTA token.
Finally, it should be noted that the company has introduced its own ZeuxCoin Token (ZUC), which allows receiving them as cashback on crypto payments.