Are you looking for an honest Zoidpay Review? Search no more because, in this article, we will be reviewing Zoidpay honestly, we will also explain how it works, its pros and cons, everything you need to know about the platform, and state if it is legit or not.
What is Zoidpay | Zoidpay Review
Zoidpay is a cryptocurrency payment platform that does not only serves as a payment solution but also as a global crypto payment solution.
Below are some of the problems which Zoidpay helps to solve
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Problems
Using cryptocurrencies as a payment method is hard for the normal user.
The process is too complicated
From creating a wallet to buying and using cryptocurrencies. All of these, among many other variables, add up to the barrier of mass adoption.
Volatility
Market volatility is a major issue for both users and merchants. The users are worried that they might end up paying too much while merchants are concerned that they will receive less.
Operational Barriers
The process of traditional accounting is an issue for merchants, thus making them second-guessing the decision of accepting crypto as means of payment.
Current solutions are built for the short run
Current crypto-to-fiat payment solutions are solely dependant on payment providers like Visa or Mastercard.
Fees
Most of the current hybrid card providers have a multitude of fees, including card cost, delivery, membership, and transactional costs.
Trust
Hybrid card providers that have raised millions of dollars in the past and lost their VISA licenses raised majored trust issues among the community
Solution
Paying with cryptocurrency as easy as you do with FIAT
A full-service payment platform with the first crypto contactless card.
It’s a plug-and-play crypto payment solution that offers complete access to the whole Zoid Ecosystem.
Simplifying the process
Our full crypto service payment platform, ZoidPay, will allow our users to store their cryptocurrencies in our wallet, buy goods and services from our decentralized marketplace, as well as perform peer-to-peer transactions with the ZoidPay card.
Payment solution independent of middlemen
The traditional process of transaction settlement involves a lot of middlemen that increase the costs for every transaction. Our payment platform connects buyers and sellers directly, thus removing the extra costs for merchants.
Blockchain Accounting
We have partnered up with Gilded Finance, a New York-based start-up that offers Blockchain Accounting services for merchants to make a recording of crypto transactions as easy as the traditional accounting records.
Zoidpay Features
Merchant Features
Easy to setup
The whole registration process for both merchants and users takes less than 2 minutes.
Onboard and accept payments
After the registration process, merchants can go on ZoidShop and start listing and selling their goods for cryptocurrencies.
Smartphone as a POS
Accept crypto payments at a physical store with any NFC-enabled device through the ZoidPay app. One tap.
Merchant Upcoming Features
Settlement in FIAT
A proprietary solution that does not involve middlemen like VISA and Mastercard. Users will be able to pay with cryptocurrencies, while the merchants will receive FIAT.
Accounting module
Blockchain accounting for cryptocurrency transactions.
Analytics dashboard
Dashboard with data and metrics on the audience, sales, profitability, accounting, and more.
Stable coins
The merchant will be able to convert cryptocurrencies to stable coins.
User Features
Store ZPAY, ETH, Tomo,ERC-20 and TRC-21 Tokens
Users can store their ZPAY, ETH, Tomo, and TRC-21/ERC-20 tokens in our wallet.
Contactless card with smart-chip
Users have access to the crypto card to make P2P transfers or buy goods and services from merchants with the tap of a card.
Purchase products and services
A seamless shopping experience on a blockchain-based marketplace.
P2P card transactions
Hassle-free peer-to-peer card transactions between users, without any middlemen fees.
User Upcoming Features
Buy crypto with debit and credit cards
Users will be able to buy cryptocurrencies directly through their bank account through the ZoidPay app
Crypto to FIAT exchange
Convert your cryptocurrencies to FIAT and withdraw the funds to your bank account.
Pay GAS with ZPAY tokens
Users will pay the network GAS fees with ZPAY
Loans
Apply to get cryptocurrency loans directly from our app.
Zoidpay Wallet
Below are some of the features of the Zoidpay wallet.
Send Crypto
Transfer cryptocurrencies by selecting the token, inputting the receiver’s wallet address and the amount to be sent.
Access ZoidShop
Access our decentralized marketplace to buy goods and services using ZPAY, ETH, Tomo, ERC-20 and TRC-21 tokens. *More tokens will be added in the future.
Request Crypto
The transfer will be done with one tap of the ZoidPay card. After that, the receiver will select the token, input the amount and confirm the request. After the sender accepts, the transaction is complete.
Zoidpay Card
Zoidpay also has a card and below are some of its features.
Contactless
Taking the already-known habit of people paying with contactless cards everyday and implementing it for crypto payments – combining the convenience of traditional technology with the benefits of blockchain.
Decentralized
No entity owns the card and no name, nor credentials are printed on the card, which makes them distributable worldwide, and an ideal solution for the unbanked.
Peer-To-Peer Transfers
One tap to perform cryptocurrency transfers in a peer-to-peer card transaction.
Who is the Owner of Zoidpay?
The owner of the Zoidpay company is known on the internet which is a good indication of the legitimacy of the website.
Because one of the conditions for a legit website is that it must contain the owner’s information so that someone can be held responsible if anything goes wrong.
Zoidpay is developed by Zoidcoin Network.
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Zoidpay Contact Information
Just in case you have any need to contact Zoidpay, you can do that using their email address below.
- Address: Zinonos Sozou 11
3rd Floor, Nicosia, Cyprus
support@zoidcoin.network
ZoidPay Referral Program
Zoidpay has a referral program and some procedures in other to earn some Zpay.
Below are the different ways to earn on Zpay
- Download the ZoidPay app, create an account and earn 30 ZPAY;
- Follow us on our social channels — 5 ZPAY;
- Invite your friends to download the app — 5 ZPAY / friend
You can watch the video below to understand more.
Zoidpay Review | Is Zoidpay Legit or Scam?
At the time of writing this article, we can say that Zoidpay is legit.
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