Zone Launches Africa’s First Decentralized PoS Payment Gateway with Instant Settlements
Zone, the pioneer behind Africa’s first regulated blockchain network for payments, has introduced its latest innovation, the "ZonePOS" point-of-sale payment gateway. This new product, launched on June 5, is positioned to revolutionize digital payments in Africa with several groundbreaking features:
- Instant Settlements: ZonePOS offers same-day settlements, ensuring rapid transaction completion.
- Blockchain-based Security: Enhanced chargeback protection with auto-refunding for unsuccessful transactions and real-time fraud detection.
- Financial Inclusion: ZonePOS aims to bridge the financial gap, enabling seamless and inclusive digital payments across the continent.
Zone CEO, Obi Emetarom, highlighted the company's commitment to financial inclusion and digital payment future in Africa, emphasizing their vision of a world where instant payments can be made and received by anyone, in any currency, using any payment method.
This launch comes amid Nigeria’s evolving regulatory landscape, where the government’s stance on cryptocurrency and blockchain technology remains ambiguous despite initial promises of support from President Tinubu.
Highlights:
- Launch Date: June 5
- Product: ZonePOS Payment Gateway
- Key Features:Instant settlements
Blockchain-based chargeback protection
Currency-agnostic payments
- CEO’s Vision: Financial inclusion and digital payment future for Africa
- Regulatory Context: Uncertain cryptocurrency policies in Nigeria
ZonePOS is set to make a significant impact on the digital payment landscape in Africa, promoting faster, safer, and more inclusive financial transactions.
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