Use Your Tez at Any Visa or Mastercard Terminal Worldwide

In partnership with the Tezos Foundation, Oobit recently integrated the Tezos blockchain’s tez token to enable Tap & Pay functionality at Visa and Mastercard terminals worldwide. Launched in August, this new feature has been empowering Tezos users to use tez for everyday purchases, from coffee runs to high-end shopping, furthering the role of cryptocurrency in mainstream finance.

Since its rollout, the Tap & Pay feature has garnered significant user interest. The simultaneous launch of Oobit’s iOS app has broadened access, providing iPhone users with a seamless crypto payment experience.

Why Tezos? #

Tezos was selected for this integration due to its strong focus on security, community governance, and long-term upgradability. As an open-source blockchain platform backed by a global network of developers, bakers, and innovators, Tezos continuously adapts to meet the needs of the crypto landscape.

With self-amending technology reducing the risk of hard forks and a solid commitment to secure smart contracts, Tezos provides the reliability and efficiency required for real-world applications like Tap & Pay.

Day-to-day practicality for crypto payments #

By integrating tez with Oobit’s Tap & Pay, tez is becoming even more widely adopted, allowing users to utilize their digital assets for everyday purchases.

This integration enables deposits and withdrawals on Oobit’s platform, allowing users to benefit from Tezos’ secure, low-cost, and fast transaction capabilities, ultimately enhancing the user experience and encouraging broader adoption of digital assets.

Siddharth Singhal, Head of Business Development at Trilitech, commented on this integration’s impact, saying,

“Oobit’s integration of Tezos is a pivotal advancement in making crypto more accessible. With Oobit’s user-friendly Web3 on-and-off ramp, we’re simplifying the user experience and furthering innovation in the decentralized ecosystem.

With iOS’ secure element access, we’re excited about the roadmap ahead and the opportunities for further collaboration.”

Expanding cryptocurrency’s reach #

Amram Adar, Co-Founder and CEO of Oobit, emphasized the significance of tez’s inclusion on the platform:

“Integrating Tezos into our Tap & Pay feature is a big step forward in making cryptocurrency more accessible. We’re thrilled to offer users both greater choice and access to one of the most secure and innovative blockchains today.”

The Tap & Pay feature with Tezos is available on Android and iOS within the EU, with planned expansions into Asia and Latin America. New verified Oobit users are encouraged to try this feature with a $10 welcome bonus on their first tap transaction, helping users experience the benefits of cryptocurrency in daily life.

For more information on how to use Tap & Pay with Tezos, visit Oobit.com.