Epazz ZenaPay Bitcoin Cannabis
Mobile Apps Join the Tappx Marketing Community
CHICAGO, IL -- October 18, 2017 -- InvestorsHub NewsWire
-- Epazz, Inc. (OTC:
EPAZ), a leading provider of blockchain cryptocurrency mobile
apps and cloud-based business software solutions, announced today
that the company's new cannabis bitcoin payment system,
ZenaPay, has joined the Tappx mobile-marketing community to promote
its apps in the Tappx community and assist in ZenaPay's launch.
Tappx has more than nineteen thousand mobile developers in its
community. These mobile developers earn credit through the
community to display ads it other mobiles ads to increase the user
base. ZenaPay will use Tappx as its initial marketing tool.
ZenaPay will be released on or before November 1, 2017. The
Android version of the app will be released on or before December
31, 2017. ZenaPay is free to download and use. ZenaPay receives a
flat 1 percent transaction fee.
"The Tappx community allows ZenaPay to be instantly displayed on
tens of thousands of mobile users' devices," said Shaun Passley,
PhD, CEO of Epazz. "We will help it receive its initial users
before we need to use other marketing tools."
Although ZenaPay is focused on the cannabis industry, the
ZenaPay wallet can be used for all Bitcoin transactions. The
ZenaPay merchant iPad app will have additional features just for
cannabis businesses, such as seed-to-store tracking solution and
compliance reporting with state regulators. Merchant App will be
available to any merchants who wish to accept Bitcoin payments.
ZenaPay was developed to solve a major problem in the cannabis
industry and the greatest challenge to cannabis-related businesses:
getting paid. Traditional banking systems do not allow
cannabis-related industries access to their payment systems.
ZenaPay offers clients a cutting-edge payment solution that allows
consumers to buy cannabis online or in stores using Bitcoin. The
new payment system offers a unique cannabis payment software that
allows consumers to use the digital currency to make purchases at
the store with ease. Additionally, the process is anonymous because
all transaction details are encrypted through Bitcoin. This process
allows stores to accept digital currency rather than only cash.
Some of the chief advantages of the payment system include the
following:
- A solution for cash-only merchants who want to accept a more
reliable form of payment
- Anonymity: customers do not have to share their names or
personal details if they do not want to
"We are filling a large need in the cannabis community for a
payment system for merchants because of the stringent limitations
by the standard banking systems," said Passley. "ZenaPay is our
solution, and we expect to start realizing revenues from it later
this year. We have the ability to license the software to numerous
merchants in many states."
Future Features Releases
Point of Sale
ZenaPay is developing an iPad Point of Sale app to integrate
with the Merchant App. The POS version of the Merchant App will be
released in the first quarter of 2018. Additionally, the new system
has been designed to be seamlessly integrated with merchants' store
flow.
Vendor and Payroll Payment Solution
Additionally, the ZenaPay development team is working on vendor
payment solutions to allow cannabis-related businesses to pay
vendors and employees using cyrco currencies.
Other future features:
- E-commerce store
- Seed-to-store tracking
- Sales reporting and compliance
For more information about the Reg CF offering or to receive a
prospectus, please go to http://investors.epazz.com or investors@epazz.net.
About ZenaPay (www.zenapay.com)
ZenaPay is being developed to solve a major problem in the "420
industry." The largest issue that cannabis-related businesses face
is how to be paid for their products. Traditional banking systems
do not allow 420 industries access to their payment systems.
ZenaPay will provide a cutting-edge cannabis
payment software that will allow consumers to use the
digital currency to make online or in-store purchases with ease.
Additionally, the process will be anonymous because all transaction
details are encrypted through Bitcoin, which will allow stores to
accept digital currency instead of only cash.
About Epazz, Inc. (www.epazz.com)
Epazz, Inc. is a leading cloud-based software company that
specializes in providing customized cloud applications to the
corporate world, higher-education institutions, and the public
sector. Epazz BoxesOS v3.0 is the complete business web-based
software package for small- to mid-size businesses, Fortune 500
enterprises, government agencies, and higher-education
institutions.
SAFE HARBOR
The Safe Harbor statement under the Private Securities
Litigation Reform Act of 1995: Certain statements contained in this
press release are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements can generally be identified by the use
of forward-looking statements (of the negatives thereof) such as
"may," "expect," "intend," "estimate," "anticipate," "believe," and
"continue" or similar terminology. Such forward-looking statements
are subject to risks, uncertainties, and other factors that could
cause actual results to differ materially from future results or
those implied by such forward-looking statements. Investors are
cautioned that any forward-looking statements are not guarantees of
future performance, and that actual results may differ materially
from those contemplated by such forward-looking statements. Epazz,
Inc. assumes no obligation and has no intention of updating these
forward-looking statements, and it takes no obligation to update or
correct information prepared by third parties that is not paid for
by Epazz, Inc. Investors are encouraged to review Epazz, Inc.'s
public filings on SEC.gov, including its unaudited and audited
financial statements as well as its Form 10-Ks and Form 10-Qs,
which contain general business information about the company's
operations, results of operations, and risks associated with the
company and its operations.
CONTACT:
For more information, please contact:
Investor Relations
mailto:investors@epazz.net
(312) 955-8161
www.epazz.com