Epazz, Inc. (EPAZ) Helps Merchants Say No to Interchange Fees with Zenapay Bitcoin Solution

March 22, 2018 15:05:33
  • 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…


More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office