Zone, the firm recognized as the driving force behind the introduction of Africa’s premier regulated blockchain network for payments, has announced the debut of ZonePOS. This cutting-edge product serves as a point-of-sale payment gateway powered by blockchain technology.

Incorporating a system that interfaces directly with financial institutions for transaction processing, ZonePOS ensures compliance with interbank payment regulations. Notably, its decentralized configuration, leveraging the zone blockchain, positions it as one of Africa's pioneering gateways supporting multi-currency transactions.

Zone’s CEO, Obi Emetarom, declared the launch of ZonePOS as a testament to the company's dedication to promoting financial inclusivity and propelling the digital transformation of payment mechanisms across Africa. The primary goal is to establish a global environment where seamless payments can be transacted between individuals and businesses, transcending geographical boundaries and currency constraints.

Key features of the ZonePOS platform include enhanced transaction processing speeds and expedited fund settlements completed within a single day, revolutionizing the traditional two to three-day settlement timeframe. Moreover, the platform integrates an automated refund mechanism driven by blockchain technology to combat fraudulent chargebacks promptly.

Despite the regulatory uncertainties surrounding cryptocurrency and blockchain technologies in Africa, particularly in Nigeria where ZonePOS is initially rolling out, the platform holds the potential to bolster financial inclusivity and revamp payment infrastructures across the continent. As Africa’s premier decentralized multi-currency payment gateway, ZonePOS marks a significant breakthrough in promoting cryptocurrency adoption within the region.