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ZipZap expands global cash transaction network to 20,000 UK retail locations through Payzone

ZipZap expands global cash transaction network to 20,000 UK retail locations through Payzone

ZipZap has announced its expansion to the UK through a partnership with Payzone one of UK’s leading consumer payments and cash distribution networks.

With this partnership, ZipZap now offers an easy way for UK residents to buy digital

ZipZap logo

ZipZap has announced its expansion to the UK through a partnership with Payzone

currencies at more than 20,000 retail payment centre locations; UK users can also buy digital currencies like bitcoin, Lite coin and Dogecoin through one of ZipZap’s exchange partners such as ANX, Bittylicious and Buybitcoin.sg.

“Many UK consumers prefer dealing with cash without having to disclose their banking information,” comments Simon Nahnybida, SVP of business development, ZipZap. “Our partnership with Payzone allows customers to easily buy digital currencies online and pay at convenient locations within a walking distance from their home or work.”

Payzone is one of the leading consumer payments and cash distribution networks in the UK, allowing consumers to manage prepaid phone plans, transportation ticketing and now their digital wallets.

“We are very excited to partner with ZipZap and participate in the digital currency economy,” continues Mark Mellor, director of sales and marketing, Payzone. “We strive to provide the best products and services with the utmost convenience and ZipZap’s practices fall in line with our belief of providing quick and cost-effective payment services to consumers whilst offering an extra service for our merchants to add to their Payzone basket of services.”

“While electronic payments (via credit cards, debit cards, PayPal, etc.) overall will see double digit growth in the next few years, we expect to see an exponential growth with digital currency and cryptocurrency in the next two to three years,” said Gil Luria, analyst and managing director at Wedbush Securities.

“We believe the UK, in particular, may be an early adopter of Bitcoin technology because of its substantial money remittance markets, which can be served by the lower price point of Bitcoin-based remittance services.”

The post ZipZap expands global cash transaction network to 20,000 UK retail locations through Payzone appeared first on Payments Cards & Mobile.

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