CHICAGO, Dec. 27, 2017 (GLOBE NEWSWIRE) -- Epazz, Inc. (OTC: EPAZ), a leading provider of block chain cryptocurrency mobile apps and
cloud-based business software solutions, announced that its new Android bitcoin payment system, ZenaPay, was submitted for approval to the Android Play Store for
release by December 31, 2017.
The ZenaPay Bitcoin Mobile app has been available from Apple’s App Store since November 1, 2017, allowing merchants and users to
use bitcoin to process transactions. Now Android users and merchants will be able to use bitcoin for in-store and online
transactions. This is the first version of ZenaPay Bitcoin payment apps. Epazz is developing future versions of ZenaPay, which will
have more features and better payment solutions. ZenaPay Bitcoin point-of-sale software, including an all-in-one solution for
merchants to accept bitcoin, is set for release by February 15, 2018. ZenaPay will expand to other cryptocurrencies in future
releases.
ZenaPay was developed to solve a major problem in one industry: obtaining merchant accounts. Feedback has indicated that the
opportunity is larger than just one industry. ZenaPay is available for any merchant to process bitcoin payments and soon will
support other cryptocurrencies. The cost savings from using cryptocurrencies will be experienced immediately with lower payment
processing costs. Moreover, the merchant will no longer wait to be paid. With ZenaPay, merchants will have access to their funds
within seconds instead of the days it takes with credit cards or check payments. ZenaPay will also reduce fraud by using blockchain
technology to manage transactions and provide increased user privacy about what transactions users are making.
Chief ZenaPay advantages include the following:
- Flexibility: Cash-only merchants can accept a more reliable form of payment.
- Anonymity: Customers don’t have to share personal details.
Shaun Passley, CEO of Epazz, stated, “ZenaPay is the first of many new blockchain software technology that Epazz is developing
to become a major player in the blockchain sector. BoxesOS will be the platform that will power these in new apps. We are
increasing our development teams and will be expanding our offices.”
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. 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 offering consumers a
way to make purchases online or in stores using bitcoin. The new bitcoin payment software will allow consumers to use digital currency to purchase online or
in store with ease. The process is anonymous because all transaction details are encrypted through bitcoin. This will enable stores
to accept digital currency.
About Epazz, Inc. (www.epazz.com)
Epazz, Inc., is a leading cloud-based software company specializing in customized cloud applications for the corporate world,
higher education institutions, and the public sector. Epazz BoxesOS™ v3.0 is a complete web-based business software package for
small-to-midsize businesses, Fortune 500 enterprises, government agencies, and higher education institutions.
SAFE HARBOR
The Private Securities Litigation Reform Act of 1995 Safe Harbor statement states 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 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; it also assumes
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
