Zone, the company behind Africa’s first regulated blockchain network for payments, announced the launch of its new “ZonePOS” point-of-sale payment gateway solution on June 5.Per Zone, the company’s blockchain-powered payment infrastructure
direct transaction routing to issuers within regulatory guidelines on interbank payments. This marks one of the few, if not the only, decentralized gateway for currency-agnostic payments in the African market.“Our PoS Payment Gateway Product is a commitment to financial inclusion and to the digital future of all payments in Africa.
Among the product's features are increased transaction speeds, with Zone promising same-day settlements with ZonePOS. The service also features blockchain-based charge-back protection. According to the press release, Zone’s PoS payment gateway “eliminates chargebacks and chargeback fraud on PoS terminals by auto-refunding customers for unsuccessful transactions and auto-declining fraudulent chargebacks in real-time.”The new product comes amid a changing regulatory environment in Nigeria, one of the areas where ZonePOS is launching.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Blockchain-powered audits with community in mind: Hats Finance joins Cointelegraph AcceleratorHats Finance, a community-focused audit platform that enables permissionless on-chain competitions and bug bounties has joined the Cointelegraph Accelerator program
Source: Cointelegraph - 🏆 562. / 51 Read more »
Polychain leads $8M seed round for Nubit to enhance blockchain scalability and multichain ecosystemNubit advances blockchain scalability with $12M total funding, integrating major Layer 2 frameworks and supporting multi-chain ecosystems, while pioneering an innovative data availability solution to unlock limitless applications in AI, SocialFi, and...
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »
Japanese blockchain Astar proposes $38M token burnThe proposal will be put forth for community discussion over three weeks then held to an on-chain vote.
Source: Cointelegraph - 🏆 562. / 51 Read more »