Africa’s pioneering payment infrastructure company, Zone, has launched its innovative Point of Sale (PoS) payment gateway, which leverages cutting-edge blockchain technology.
In an official statement, Zone emphasized that this new PoS payment gateway is designed to eliminate common transaction issues such as failure points, chargebacks, and chargeback fraud. This development marks a significant step forward in enhancing the efficiency and security of financial transactions across the continent.
“Zone, renowned for its decentralized network that seamlessly connects banks and fintechs for both domestic and cross-border payments, has already achieved notable success with its ATM transaction processing service,” the statement highlighted.
The introduction of the PoS payment gateway is set to strengthen further Zone's commitment to delivering frictionless and interoperable payment solutions across various channels. This move is poised to enhance the financial landscape by providing robust and reliable payment infrastructure.
Obi Emetarom, CEO and co-founder of Zone expressed his enthusiasm about the launch, stating, “Our PoS Payment Gateway Product is a commitment to financial inclusion and the digital future of all payments in Africa.” Emetarom’s statement underscores Zone’s dedication to fostering an inclusive financial ecosystem that leverages technology to bridge gaps and create opportunities.
The newly launched PoS payment gateway operates on a regulated layer-1 blockchain network, guaranteeing every transaction's security, reliability, and transparency. This integration of blockchain technology is expected to revolutionize the way payments are processed, ensuring that transactions are not only faster but also more secure.
Zone’s strategic move to incorporate blockchain technology into its PoS payment gateway is a testament to its forward-thinking approach and its dedication to driving innovation in the financial sector. As Africa continues to embrace digital transformation, Zone’s latest offering is set to play a pivotal role in shaping the future of payments across the region.
With this launch, Zone is poised to set a new standard in the payment industry, paving the way for more secure, efficient, and transparent financial transactions. The company’s ongoing efforts to enhance its infrastructure and expand its services reflect its mission to support economic growth and development across Africa.
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