Tezos has partnered with the Oobit app to enable crypto payments

Tezos, a well-known blockchain project, has just partnered with Oobit’s Tap & Pay app with the aim of simplifying the world of crypto payments.

From now on, anyone can use any Visa and Mastercard terminal to make payments with the XTZ source. The collaboration between the parties also includes the integration of the Tezos chain on Oobit and the launch of the payment app on iOS.

Let’s see all the details below.

Tezos announces partnership with Oobit: the Tap & Pay app simplifies crypto payments

Bezos’ crypto infrastructure has just signed a very important partnership with the digital payment provider in crypto Oobit and its app Tap & Pay.

This is one strategic partnership that opens the doors for payments in XTZthe gas token of the Tezos network, which greatly simplifies the user experience.

Until recently, XTZ resource holders had to go through an intermediate off-ramp fiat to spend their coins, but now they can rely on the Oobit app.

The payment platform makes everything easier by enabling crypto transfers on any Visa terminal MasterCard worldwide.

Doing so will bridge the current gap between traditional financial systems and the ever-expanding world of blockchain technology

This expansion of the Oobit payment ecosystem highlights the platform’s commitment to providing seamless and realistic cryptocurrency applications.

Regarding the merger of the two teams, Siddharth Singhal, head of business development at Trilitech, a company focused on innovation within the Tezos ecosystem, said:

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“The partnership with Oobit represents an important milestone as we work towards greater global adoption of the Tezos token. This partnership not only extends our reach with Oobit’s simple web3 on- and off-ramp experience, but also strengthens our commitment to driving innovation and accessibility in the decentralized future”

Tezos renews its long-term commitment, based on the programmability of its infrastructure and on open and active web3 participation.

Recently, the project’s Fondation announced the launch of Ethereum’s smart rollup layer-2 “Jstz” with Java support and extensive scalability.

In June, it introduced its own data availability in conjunction with the Paris update.

Oobit integrates support for Tezos Network and announces the launch of its app on iOS

The collaboration between Tezos and Oobit’s Tap & Pay app, in addition to exploring new solutions for crypto payments introduces support for the Tezos network for deposits and withdrawals on the platform.

The Tezos network, operational since 2018, is known for its self-modifying protocol and formal verification processes. These features make it an excellent foundation to support the flow of liquidity on Oobit through a secure and scalable infrastructure.

With Tezos, users can enjoy the payment app fast and cheap transactionsexpanding mainstream adoption of digital assets.

Currently, according to DefilLama data, the Tezos blockchain records a “Total value locked” of 50 million dollars. The crypto XTZ, on the other hand, has a market capitalization of approximately $650 million.

Source: https://defillama.com/chain/Tezos?volume=false

Moreover, Oobit has also expanded its range of payment services by launching its app on iOS operating systems. This advancement provides a more accessible and intuitive crypto transaction interface for Apple users.

This expands the scope of crypto payments, both on Android (feature announced in 2023) and iOS

On the occasion of the excellent news, the Tap & Pay app has decided to welcome new users with a welcome bonus worth $10 for the first experience on the platform.

Amram Adar, CEO di Oobit, reported the following words in the announcement of the partnership with Tezos:

“Our partnership with the Tezos Foundation represents a significant leap forward in our mission to make cryptocurrency a mainstream payment. We are not only expanding our payment options, but also ensuring our users have access to one of the most secure and innovative blockchains available today. “

The recent partnerships with Tron and Toncoin

Before Tezos, Oobit and its crypto payment app also made arrangements with other cryptographic teams with the aim of improving their digital asset ecosystem.

On August 12, just 9 days ago, the mobile payment solutions provider had announced the introduction of the Tron blockchain and the TRX currency on its platform.

The initiative has enabled the cryptographic resource to be used at more than 100 million Visa and Mastercard retailers worldwide.

By combining the ease and scope of using Apple Pay with the blockchain benefits of the Tron chain, Oobit has a safe and functional method to spend your capital in crypto.

All this without being completely dependent on a centralized custody solution and with a seamless payment practice

Less recently, in May this year, the same Tap & Pay app instead integrated the crypto TON and the cryptographic ecosystem Toncoin.

The announcement had strengthened the previous partnership with Tether, with its own stablecoin USDT having just landed within Telegram’s blockchain.

Also in this case the partnership has a new, simple and effective method of offering digital coins to the users of the Ton platform

It is clear that Oobit aims to expand its user base as much as possible by gradually adding new digital assets to its payment app.

The aim is to establish itself as one of the best tap & pay cryptographic solutions in the world, amid the expansion of web3 technology.