New partnership between Zeux and the IOTA Foundation
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New partnership between Zeux and the IOTA Foundation

By Alfredo de Candia - 22 Mar 2019

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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.

partnership zeux iota foundation

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.


partnership-zeux-iota-foundation

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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