Tim Mak, Head of Marketing at Zeux shared news on 29 April that Zeux would list NEO tokens to its digital payment wallet. NEO holders can now spend their tokens with all merchants that accept Apple and Samsung Pay.
Tim began by introducing Zeux as the London-based fintech firm which allows users to convert their cryptocurrency and pay seamlessly. He conveyed that NEO would be officially available on the Zeux app next month. Tim noted that Zeux is a novel financial service aiming to provide the public with a simpler way to pay, bank and invest. The company achieves this by integrating all the services into one platform.
Frank Zhou, Founder, and CEO of Zeux, who played a vital role in this development cited –
“We’re delighted to announce that we will be adding NEO to our list of cryptocurrencies. We believe that NEO is paving the way for a smart economy by giving developers the tools to deploy and scale their own smart contract applications without learning another unique language. This strategic partnership will help us build upon our current infrastructure and expand our service to a larger audience.”
Tim further threw light on the Zeux app. The app provides a digital bank account on top of a digital wallet address for each user. This allows users to pay at all stores and offers a range of investment products. Such offers are provided by different financial institutions. Zeux is authorized by the Financial Conduct Authority (FCA), the financial regulatory body in the United Kingdom. The fintech firm charges no fees for opening an account, money transfers, top-ups, and withdrawals.
Last month, there were reports that Zeux Payments would allow users to use MIOTA tokens as payment. Zeux had struck a bond with IOTA foundation on this venture. Zeux would be supported by many retail businesses ranging from coffee shops to grocery stores. Likewise, Qtum, an open-sourced blockchain application platform, conveyed about adding its cryptocurrency Qtum to Zeux app.
Tim lastly expressed some salient industry engagements of Zeux and NEO. Zeux had launched its multi-function app across the UK earlier and it would be available in the rest of Europe later this year. NEO is an open-sourced, community-driven public blockchain project. NEO uses the blockchain technology and digital identity to digitize assets. NEO endeavors to automate the management of digital assets with the Neo Smart Contract in hopes of creating a smart economy.