Zeux, a cryptocurrency and banking services app, announced it 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. Zeux 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.
“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.’’
“Zeux is very excited about partnering with the IOTA. 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.”