CHICAGO, Dec. 19, 2017 (GLOBE 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 bitcoin payment system, ZenaPay, will be releasing its point of sale app for Merchant on or
before Feb.15, 2018, in the App Store. The point of sale app goes beyond the current version of the Merchant app, which is
currently available in the App Store. The point of sale app is a full-feature point of sale app that allows a merchant to accept
Bitcoin, cash and credit card transactions on touch screens. Merchants will be able to load all items onto the app and export the
information to their accounting software. The app will work with most hardware devices including credit card printers, cash drawers
and mobile tablets. ZenaPay will offer the equipment on its website.
The point of sale app will replace the current Merchant app and will be available at no additional charge for current Merchant
app users.
ZenaPay was developed to solve a major problem in one industry: getting merchant accounts. The feedback we have received has
indicated that the opportunity is bigger than just one industry. ZenaPay is available to all merchant industries. ZenaPay for
Android is currently in development and will launch on or before Dec. 31, 2017.
Traditional banking systems do not allow many merchant industries to access their payment systems. ZenaPay offers clients a
cutting-edge payment solution that allows consumers to buy items online or in-store using Bitcoin. The new payment system offers a
unique bitcoin payment software that enables consumers to easily use the digital currency to make
purchases at stores. Additionally, the process is anonymous because all transaction details are encrypted through Bitcoin. This
process allows stores to accept digital currency instead of cash only.
Some of the chief advantages of the payment system include the following:
- Flexibility: Cash-only merchants can now accept a more reliable form of payment.
- Anonymity: Customers do not have to share their name or personal details if they do not want to.
Shaun Passley, PhD, CEO of Epazz, stated, “We have established a rollout plan for ZenaPay software release over the course of
2018. We are excited about where ZenaPay will go in the future as we start to get user feedback. We will also be starting a new
marketing program as the new versions come out.”
Future Releases
Vendor and Payroll Payment Solution
The ZenaPay development team is also working on vendor payment solutions to allow merchant businesses to pay vendors and
employees using cryptocurrencies.
Other future features include the following:
- E-commerce store
- Seed-to-sale tracking
- Sales reporting and compliance
About ZenaPay (www.zenapay.com)
ZenaPay develops applications to solve a major problem for high-risk merchants: getting paid. Traditional banking systems do not
allow high-risk industries access to their payment systems. ZenaPay provides cutting-edge payment solutions that offer consumers a
way to buy items online or in stores using bitcoin. The new bitcoin payment software 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. This will allow stores to accept digital currency instead of cash only.
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 web-based business
software package for small to midsize 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 says that 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 such as “may,” “expect,” “intend,”
“estimate,” “anticipate,” “believe” and “continue” (or the negative forms thereof) 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, 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.
For more information, please contact:
Investor Relations
mailto:investors@epazz.net
(312) 955-8161
www.epazz.com
