QTUM (QTUM) has spiked 26% on Thursday after Zeux announced that it would be listing QTUM tokens in its digital payment wallet. The information was released in a blog post by Qtum. In this way, users will be able to spend QTUM in all point-of-sale (PoS) payments.
Qtum Added to Zeux Crypto Payment App
The cryptocurrency payment application Zeux has added support to QTUM, one of the largest cryptocurrencies in the space. Users will be able to use their coins for all PoS payments. QTUM is a blockchain network that aims to be the bridge between both Bitcoin (BTC) and Ethereum (ETH). QTUM’s network is compatible with Bitcoin gateways and with Ethereum contracts.
With Zeux, a fintech company based in London, it is possible for QTUM users to have a more streamlined experience while dealing with QTUM. Additionally, users can use QTUM wherever Apple Pay or Samsung Pay is accepted with the mobile phone using the Zeux application. At the moment, the application has been officially launched in the United Kingdom and a soft launch has been performed in the rest of the European Union (EU).
Mighel Palencia, Chief Information Officer of QTUM Foundation, commented about the partnership with Zeux:
“We’re excited that Zeux has added QTUM to its app. This adds a tremendous amount of additional utility for our valued community who can now use QTUM for all point-of-sale payments with merchants that accept Apple Pay, and Samsung Pay. Zeux has created a seamless way for people to use crypto in their day to day lives without the fiction of choosing from a select group of merchants who accept crypto directly.”
The founder and CEO of Zeux, Frank Zhou, said that they are very excited to add QTUm to their application. Moreover, he said that QTUM provides simplicity, security and flexibility to users. Now, users will also have extra utility by being able to pay at PoS terminals with Apple Pay or Samsung Pay.
— QtumOfficial (@QtumOfficial) March 14, 2019
This is very important for the cryptocurrency space. In general, it has been very difficult for users to start using virtual currencies to pay for daily goods and services because not many merchants have embraced digital assets.
At the time of writing, QTUM is being traded in the 30th position in the market with a valuation of $225 million. Each QTUM coin can be purchased for $2.52.