Zazoo Launches VCpay to Pay Online with Bitcoin

By Gautham

Zazoo, the United Kingdom subsidiary of Net1 Universal Electronic Payment System Technologies has recently unveiled VCpay. VCpay is a mobile virtual card technology which allows people to create virtual credit cards that can be used to make online payments.

Zazoo’s VCpay will enable its users to pay using cryptocurrencies over a conventional online or in-app payment gateways. In order to develop VCpay, the company has entered into an exclusive partnership with BitX, a bitcoin exchange and payments platform headquartered in Singapore. According to Zazoo, the company’s deal with BitX allows VCpay to overcome interoperability challenges in the financial system.

Read more: http://www.newsbtc.com/2015/08/16/zazoo-launches-vcpay-to-pay-online-with-bitcoin/