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Verum Coin, an ecosystem of cryptocurrency-centric products for retail usage, announces the launch of Verum Pay solution. It is designed to integrate VERUM digital asset as a payment tool into E-SIM, VPN and the company's other native products.
Verum Coin launches Verum Pay, integrates VERUM crypto into native apps
Per the official statement by its team, the Verum Coin ecosystem is expanding its product offering by launching a merchant system, Verum Pay, that integrates Verum Coin as a payment method within the Verum E-SIM and Verum VPN mobile applications.
Additionally, this payment functionality has been extended to eight other eSIM applications, including World E-SIM, E SIM Africa, Balkan E-SIM, Canada E-SIM, Euro E-SIM, London E-SIM, Ukraine E-SIM and USA E-SIM.
This initiative marks a new phase in the company's development and the popularization of its native coin, dubbed VERUM. The company has also secured agreements to integrate this merchant system into other projects, promising further expansions and enhanced utility of Verum Coin in the near future.
For any cryptocurrency project, such a system is vital because it bridges the gap between traditional financial systems and new digital currencies. By providing a straightforward and secure way for users to pay with cryptocurrencies, these systems help increase the practical usability of digital coins, enhancing their appeal and driving wider adoption.
As of mid-June 2024, VERUM coin is traded on exchanges such as BitCoinPay Trade, Tokpie, Dex Trade, VinDAX, Toobit and others. Largely, VERUM is available in pairs with USDT, the largest stablecoin.
Novel opportunities for payments in crypto
In a comment shared with U.Today, representatives of Verum Coin shared their excitement about the opportunities the new release unlocks for users of Web3 apps powered by VERUM:
Verum Pay is an innovative cryptocurrency merchant solution within the Verum Ecosystem, enabling seamless payments using Verum Coin. Currently integrated with Verum E-SIM and Verum VPN, Verum Pay allows users to purchase eSIMs and subscriptions effortlessly with Verum Coin. Beyond these applications, Verum Pay offers limitless possibilities for online businesses and e-commerce projects. By integrating Verum Pay, any online platform can accept payments in Verum Coin, enhancing payment flexibility and catering to the growing demand for cryptocurrency transactions.
Besides native E-SIM and VPN solutions, the ecosystem features Verum Messenger, a messaging app with end-to-end encryption designed to provide secure and anonymous communication.
The launch of Verum Merchant, a platform designed to simplify the integration of Verum Coin into e-commerce, easing payment processes for online merchants, is also planned.
Yuri Molchan
Denys Serhiichuk