Zeux Adds Support For VeChain Token
Zeux has confirmed plans to list VeChain tokens (VET) on its digital payment wallet. Starting from May 13, VET tokens will be accessible from the Zeux app, allowing users to purchase items on vendor stores compatible with Apple Pay and Samsung Pay payment platforms.
Thanks for the integration and now VET holders can use their VET to pay at all stores using Apple Pay representing approximately 140mm global users in 2018 and Samsung Pay representing 51mm global users in 2018 via #Zeuxapp. (User Data according to Juniper Research). https://t.co/tIWwWn27eC
— VeChain Foundation (@vechainofficial) May 6, 2019
Zeux is among the few companies globally that offer a digital banking solution for both fiat and virtual currencies, with an aim to promote the mass adoption of the latter. Moreover, the platform provides integrated investment solutions to its clients and charges zero fees for all transactions.
Speaking on this development, Mike Zhuang, the chief strategist at the VeChain Foundation, said that they were excited to partner Zeux and the possible use of Vet in Apple Pay and Samsung Pay payment services. He added that the foundation’s vision is to increase the adoption of Vet, and the listing on Zeux is a major step towards that goal.
On the other hand, Frank Zhou, the CEO, and founder of Zeux, said that they were enthusiastic over the addition of VET to their platform. He also lauded VeChain for developing solutions that promote the adoption of blockchain technology. He concluded by saving that Zeux will benefit greatly because VeChain has a huge following in Europe.
In other news, Zeux recently launched the ZeuxCoin Token (ZUC), which serves two purposes; firstly, as a loyalty token for cashback on all crypto purchases and secondly, as a means of reimbursing all commissions made in the Zeux ecosystem. As of now, Zeux is exclusively available to British residents. The company will expand to other European cities as the year progresses.