- ZenaPay payment option costs merchants less
- ZenaPay downloads cross 25,000 mark
- Exciting new development to be announced by company on May 30, 2018
Though cash is no longer king, being a merchant still means that you have to pay to be paid. About three-quarters of payments are made by either debit or credit card, and those payments come at a cost, which varies. This cost, known in the trade as interchange fees, encompasses the charges that a merchant must incur to have his transactions processed by the card networks, such as Visa and MasterCard. The average interchange rate for a credit card payment is around 1.81 percent, while the typical interchange fee for debit cards is 0.3 percent. However, some merchants may pay 3 percent and more of transaction volume. These, especially, will be happy to know that Epazz, Inc. (OTC: EPAZ) is offering a way to accept payments that is not only as reliable and secure as having a merchant account, but also less costly. Through its ZenaPay mobile payment system, consumers will be able to purchase bitcoin at point-of-sale and use the cryptocurrency to make their purchases.
In a recent interview (http://nnw.fm/sAp2v), a spokesperson for Epazz explained the merits of the innovative app. Through fintech subsidiary ZenaPay, Epazz is offering consumers a unique, secure and reliable app, which allows them to acquire bitcoin at the point-of-sale. Essentially a payment app, ZenaPay then allows the consumer to use the digital currency to make purchases and payments. Since transactions are…
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