Stablecoins & Payments
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Dubai based ZelaaPayAE (ZPAE) in its aim to promote the use of efficient crypto-centric transactions in the Gulf region has deployed 100 XPOS Handy and 10,000 XPASS cards in the UAE.
ZPAE CEO, Sahil Arora, states that “Pundi X has the technology to empower merchants across the world to deploy easy-to-use blockchain solutions, “We’re excited to bring it to the UAE market.”
Arora refers to the network of XPOS merchants scattered throughout the world. XPOS devices can be used globally to enable cryptocurrency transactions on the blockchain anywhere from trendy cafes in Seoul, South Korea, to pubs in New Hampshire, USA. Similarly, the XPASS card makes it easy for customers to use digital assets.
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Zac Cheah, Pundi X’s CEO and Co-Founder, shares similar sentiments to Arora. “Any corner of the world where XPOS is, that’s a place where seamless transactions can take place,” he said. “Both ZPAE and Pundi X essentially want the same things, making the blockchain accessible, a no-brainer.”
This announcement is but one of a series of partnerships that ZelaaPay has entered into over the past year and a half. ZelaaPay partnered with Klever wallet with BaanX for its crypto debit card with Digibyte coin and has talked about launching a DeFi platform as well among other projects.
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