May 6, 2018, Tallinn, Estonia and Kyiv, Ukraine, – Paytomat, the decentralized payment solution for crypto, has announced that it has partnered with ZenCash, the privacy coin for decentralized communications and transactions. Through the cooperation, ZenCash became available as a payment method via Paytomat. Paytomat has already introduced an extension to receive payments in crypto on existing POS (point-of-sale) terminals using Poster, Profit Solutions and 1C. Operating across 150 retail businesses, it currently supports the widest variety of cryptocurrencies: ZEN, XEM, LTC, DASH, WAVES, ETH, BCH, NANO, DCR, XZC and BTC.
Yurii Olentir, Paytomat CEO, said: “The ZenCash philosophy of borderless and secure transactions also lies at the heart of the Paytomat business idea. We believe that cryptocurrencies will become a common payment method, and we’re committed to increasing their transactional usage in everyday life with our feature-rich and user-friendly payment system”.
Paytomat will use its unique decentralized franchise model as a big part of the go-to-market plan. “We invite the great ZenCash community to join Paytomat. Help us to establish fiat-to-crypto gateways, build direct relationships with POS vendors, or help merchants start accepting cryptocurrency, and receive rewards within the Paytomat loyalty program,” – Yurii added.
Robert Viglione, Co-Founder of ZenCash, said: “ZenCash’s integration as a form of payment in the Paytomat platform represents a critical step forward in making Zen becomes a more widely adopted and easily accessible cryptocurrency. We are confident that this partnership will incentivize more users to adopt ZenCash as a means of secure and private payment and advance our mission of promoting financial freedom around the world.”
Previously, Paytomat reported closing its pre-sale early, having sold 5,000,000 PTI tokens and reaching its softcap. With this success, Paytomat shifted its focus to closer cooperation with crypto core teams and investment funds aiming to cover 85% of the token sale with institutional contributors. The main sale is scheduled for August 1-20, Whitelist registration is currently open. Tokens that were already sold during the pre-sale will be distributed to their holders 10 days after the main sale ends.Join the Paytomat official Telegram for 24/7 support: https://t.me/paytomat. Follow the Paytomat Twitter for the latest news: https://twitter.com/paytomat
Paytomat is a blockchain-based payment processing system created to help merchants, consumers and crypto core teams to find each other and create real life traction for cryptocurrencies as an emerging method of everyday payments. Built as a decentralized autonomous organization and decentralized franchise, Paytomat features a unique loyalty program based on PTM coin, incentivizing merchants to accept payments in crypto, and PTX tokens, thereby incentivizing customers to pay with crypto. For more information visit https://media.paytomat.com. Media contacts: [email protected]
ZenCash, the privacy coin for borderless, decentralized communications and transactions, is the first and most important product in the Zen portfolio. Zen launched its blockchain in Spring 2017 with a vision of creating a truly private ecosystem for messaging and payments. Zen provides privacy and networking infrastructure for secure and anonymous collaboration. For more information, visit zencash.com.
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.