Elrond Network just announced that the crypto liquidity solutions provider ZoidPay has integrated EGLD as one of the main currencies in their platform. Their virtual cards can now be topped up with EGLD and used to make purchases from any online merchant that accepts VISA cards.
In addition $ZPAY will migrate on Elrond as ESDT, boosting the utility of the ZoidPay ecosystem and cashback token with internet-scale performance and low costs of settlement enabled by Elrond blockchain.
ZoidPay enables the creation of virtual cards which can be topped up with EGLD and other cryptocurrencies, and then used to pay everywhere Visa cards are accepted. Users can make purchases via the ZoidPay app and web extension, with additional features such as physical cards and in-store merchant solutions to follow shortly.
The proliferation of Web3 payments is a positive-sum game where everyone involved, from consumers to merchants and ecosystem partners, stand to benefit from adoption. We welcome ZoidPay into the Elrond Network ecosystem and look forward to working together for the advancement of payments using blockchain technology.
Beniamin Mincu, Elrond Network CEO