{"id":36106,"date":"2024-03-11T15:53:08","date_gmt":"2024-03-11T10:23:08","guid":{"rendered":"https:\/\/thedailymetro.in\/index.php\/2024\/03\/11\/web3-payments-platform-zeebu-surpasses-1-billion-milestone-in-q1-2024\/"},"modified":"2024-03-11T15:53:08","modified_gmt":"2024-03-11T10:23:08","slug":"web3-payments-platform-zeebu-surpasses-1-billion-milestone-in-q1-2024","status":"publish","type":"post","link":"https:\/\/thedailymetro.in\/index.php\/2024\/03\/11\/web3-payments-platform-zeebu-surpasses-1-billion-milestone-in-q1-2024\/","title":{"rendered":"Web3 Payments Platform, Zeebu, Surpasses $1 Billion Milestone in Q1, 2024"},"content":{"rendered":"
\n

Zeebu<\/a>, the pioneering payments and settlement platform revolutionizing the telecom carrier industry, today announced a monumental achievement of processing over $1 billion in transaction settlement volume.\u00a0<\/p>\n

This landmark accomplishment underscores Zeebu\u2019s significant impact on the market and its unwavering commitment to innovation and excellence in the blockchain space.<\/p>\n

Coming on the heels of its successful alpha trials, which saw half a billion dollars processed in transactions, and the launch of its PSP version 4.0 product update featuring governance enhancements and new platform capabilities, Zeebu has demonstrated remarkable growth and scalability.\u00a0<\/p>\n

In just seven months following the debut of its on-chain settlement platform, Zeebu swiftly advanced from settling nearly 5,000 invoices totaling over $500 million to surpassing the $1 billion threshold, marking a new era of scalability and efficiency for the platform.<\/p>\n

As a global frontrunner in blockchain-based telecom settlements, Zeebu has garnered significant attention for its instant payment and settlement solution, which addresses the telecom carrier industry\u2019s need for seamless settlement experiences and drives the adoption of blockchain technology for real-world applications.<\/p>\n

Zeebu\u2019s innovative platform has transformed the settlement process for telecom merchants and carriers, reducing invoice settlement times from 7-15 days to a mere 3-7 minutes. This efficiency leap is achieved through the elimination of intermediaries and the adoption of smart contract technology for invoice automation.<\/p>\n

At the core of Zeebu\u2019s offerings is the ZBU Token, a strategic tool designed to enable global transactions and introduce a loyalty program that rewards ecosystem participants for every transaction. This tokenization strategy has effectively tackled common hurdles such as high transaction fees, remittance delays, and the complexities of currency conversion.<\/p>\n

\u201cThe telecom industry\u2019s embrace of blockchain settlements underscores the strength of our product offerings. Our commitment to building robust and adaptable financial solutions positions us perfectly to capitalize on this growing market opportunity,\u201d explained Keshav Pandya, Zeebu\u2019s Co-Founder and COO.<\/p>\n

With hundreds of telecom carriers and businesses now leveraging Zeebu\u2019s network, the platform is set for continued growth and deeper market penetration. Zeebu\u2019s vision for the future includes expanding its adoption, enhancing its ecosystem services, and transitioning towards a decentralized, community-governed payment ecosystem.<\/p>\n

\u201cZeebu is a trailblazer in rejuvenating the telecom industry\u2019s settlement layer, fulfilling the market\u2019s demand for faster access to funds. Our partnership with Zeebu positions us at the forefront of adopting blockchain-powered, efficient payment and settlement solutions. This translates to streamlining our finance operations and allowing us to focus on growth and expansion,\u201d said Jernej Kenda, CEO of Novatel, a proud Zeebu platform partner.<\/p>\n

Raj Brahmbhatt, Founder and CEO of Zeebu, reflected on the achievement, stating, \u201cThe increasing interest from telecom businesses in blockchain-based settlements affirms our expertise and commitment to delivering exceptional user experiences and customized financial solutions. We are well-prepared to cater to the expanding demands of this evolving market.\u201d<\/p>\n

\u201cThe growing traction of blockchain settlements among telecom companies validates our focus on customer experience and innovation in financial solutions. We\u2019re excited to leverage our expertise to address the needs of this dynamic market,\u201d said Raghav Hunasgi, Zeebu\u2019s Co-Founder and CMO.<\/p>\n

As Zeebu celebrates this significant milestone, it also looks ahead to a promising 2024, with plans to further extend its platform capabilities, add new streams of value creation, and evolve into a leading decentralized payment ecosystem for the telecom industry.<\/p>\n

For more information about Zeebu and its innovative platform, visit\u00a0https:\/\/www.zeebu.com\/<\/a>.\u00a0<\/p>\n

About Zeebu<\/p>\n

Zeebu is a cutting-edge payments and settlement platform designed for the telecom carrier industry, leveraging blockchain technology to enable integrated finance solutions.<\/p>\n

\u00a0By creating a decentralized and transparent ecosystem for voice traffic exchange, Zeebu addresses the traditional challenges of inefficiencies, opaqueness, and trust issues in the telecom wholesale voice industry.\u00a0<\/p>\n

With its rapid settlement times, elimination of intermediaries, and loyalty token rewards, Zeebu is setting new standards for efficiency, cost-effectiveness, and transparency in telecom settlements.<\/p>\n

You can learn more about Zeebu by reading our Whitepaper, available\u00a0here.<\/a>\u00a0<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Zeebu, the pioneering payments and settlement platform revolutionizing the telecom carrier industry, today announced a […]<\/p>\n","protected":false},"author":1,"featured_media":36107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[1337,1336],"class_list":["post-36106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release"],"_links":{"self":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/36106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/comments?post=36106"}],"version-history":[{"count":0,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/36106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/media\/36107"}],"wp:attachment":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/media?parent=36106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/categories?post=36106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/tags?post=36106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}