Zoidpay Review – Is it Legit or Scam? How Does it work

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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

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.

Read also: Top 5 Earning website

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.

We have finally come to the end of this Zoidpay review, if you like our blog, kindly bookmark it or subscribe to it.

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