IOTA (MIOTA) to Be Accepted by Merchants via Apple Pay and Samsung Pay After New Partnership

  • Alex Morris
    📰 News

    Merchants who are still reluctant to accept cryptocurrencies will have no choice after Zeux rolls out its app in April. The London-based startup will allow its users to seamlessly pay for goods at brick-and-mortar stores with six different cryptocurrencies. IOTA was the latest cryptocurrency to be added by Zeux  


IOTA (MIOTA) to Be Accepted by Merchants via Apple Pay and Samsung Pay After New Partnership
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IOTA Foundation has just made an announcement about its collaboration with FCA-regulated fintech startup Zeux that will allow using MIOTA as a means of in-store payment with merchants that accept Apple Pay and Samsung Pay. Here’s the thing – merchants won’t even have to deal with crypto.  

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Doing wonders for adoption

Zexu, which is expected to launch this April on the European market, will merge traditional point-of-sale (POS) and cryptocurrencies. The startup is planning to onboard plenty of different merchants from the get-go.

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Those would like to use MIOTA for payments will have to choose it among all available options and activate Apple Pay and Samsung Pay against the merchant’s POS. MIOTA will be automatically deducted from the shopper’s wallet while the merchant receives fiat money.

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Five more coins

IOTA’s David Sønstebø claims that the partnership is ‘a big step forward’ for streamlining the mainstream adoption of digital assets since it combines the existing payment solutions with crypto. Zeux founder Frank Zhou shares this excitement while pointing out that IOTA’s Tangle is a very ‘promising’ technology.

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Apart from IOTA, Zeux also supports Bitcoin (BTC), Ethereum (ETH), Bitcoin SV (BSV), and Qtum (QTUM).

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Trading Expert Predicts Enormous Gains for Ripple’s XRP Price


Trading Expert Predicts Enormous Gains for Ripple’s XRP Price
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Ripple’s XRP could be on the cusp of another major price rally, according to trading expert Crypto Thies. Based on his technical analysis, the XRP price could witness “enormous gains” in the short-term.

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XRP takes a hit  

Piers Morgan’s catchphrase “One day you’re cock of the walk, the next you’re a feather duster” is very relatable to the cryptocurrency market. After stagnating for weeks, the price of XRP suddenly surged by more than 43 percent USD-wise on May 14-15 once Coinbase opened up trading in New York. XRP was the best-performing cryptocurrency in the top 10, but the rally didn’t last long.     

On May 17, XRP recorded an intraday low of $0.359 after its price tanked by more than 25 percent. All major altcoins collectively took a hammering on Friday after the Bitcoin price suddenly experienced a 20 percent drop, which was allegedly caused by market manipulations.

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A dicey situation

The blow was too hard for XRP to rebound. At the time of writing, it is trading at $0.369 after yet another 3.32 percent price decrease over the last 24 hours, according to CoinMarketCap data.  

Now, XRP is facing its make-it-or-break-it moment. If its price breaks below the $0.340 level, things could turn ugly for Ripple’s native token with its next downward target being significantly lower. Trading expert Peter Brandt earlier suggested that a huge price drop would be almost inevitable if that’s the case.

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