SYDNEY, 20 August 2021 -

ZIPMEX ANNOUNCES ASIA-PACIFIC PARTNERSHIP WITH VISA.

20 August 2021

The game-changing direct partnership makes it easy to pay for goods and services with digital currency.

Zipmex, Southeast Asia's leading digital asset platform, teases an upcoming 2021 release of their innovative Zipmex-Visa-branded payment card in a move that's set to revolutionise how people spend their digital assets.

Extending the flexibility and convenience of Zipmex's payment program, ZipSpend (which has been operational in Thailand since 2020), customers will soon have the option to access the 70 million merchants in Visa's global network as it seeks to bridge digital assets with traditional payment infrastructure.

As a regional leader in digital asset payments, Zipmex has helped Southeast Asian customers buy everything from cars and real estate to food, beverages, and fine art. Zipmex's Visa-branded payment card will give cardholders the freedom to convert their digital assets to fiat currency and spend anywhere that accepts Visa, with the assurance of Visa's reliability, speed, and security of the Visa network.

Marcus Lim, CEO, Zipmex

The partnership between Zipmex and Visa represents a ground-breaking development for Australians. We're integrating digital assets and blockchain with a mainstream payment platform; this offers incredible opportunities to expand the everyday use of digital assets in payments and fintech applications.

Marcus Lim, CEO, Zipmex

Visa, the world's leader in digital payments, recently announced that US$1 billion had been spent using its crypto-supported cards in the first half of 2021.

Zipmex is the only digital exchange operational and legally compliant in four jurisdictions (Australia, Thailand, Indonesia, and Singapore). It continues to build trust as it rapidly expands into new markets in the Asia Pacific.

We are glad to be the market-entry partner for Visa into the region. Any payment product we release will have been approved by the respective regulatory bodies first. As we are in the unique position of launching the first product of this kind, we have provided support and guidance to help regulators pass effective digital asset legislation. This has been one of the more fulfilling aspects of this project.

Marcus Lim, CEO, Zipmex.

Zipmex users have access to various financial services through its easy-to-use mobile apps and websites, including digital payments, an exchange, and interest-bearing accounts. To date, Zipmex has transacted over US$1 billion in gross transaction volume since its launch in late 2019. In January this year, the company secured $6 million in a funding round led by Jump Capital.

Visa is the perfect partner for us as we move forward with our innovative payment products. Visa has proven itself over the last ten years to be at the forefront of payment innovation, a strategy that aligns very much with our own. We thank Visa for its support and look forward to a strong and lasting relationship

Marcus Lim, CEO, Zipmex

Zipmex and Visa will work together to educate and enable Visa's global network of global fintech partners and marketplace partners looking to benefit from the power of digital assets for worldwide payments.

The new Zipmex-Visa payment card will be available to any Zipmex customer who has passed its KYC process, subject to local compliance and regulation. Further details will be announced soon.

About Zipmex

Zipmex makes crypto easy and has the vision to become the most trusted cryptocurrency exchange in the Asia Pacific. Buy and sell digital assets directly from your mobile for as little as AUD$1. The Zipmex mobile app enables secure, fast trades on the go with USD, AUD, and SGD.

Zipmex is an SEC-approved, Asia-Pacific digital asset exchange that offers a trusted and secure platform to build your digital asset portfolio, providing a variety of investment opportunities and rewards.

All assets are safely and securely stored with BitGo that provides insurance of AUD$100M Zipmex is one of only a few exchanges to be licensed by Thailand’s Securities and Exchange Commission, approved by Indonesia’s commodity futures trading regulator BAPPEBTI and is also registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC).

Zipmex provides the best liquidity in each local market, the most competitive prices, and the cheapest fees for users. Founded in 2015 by Australian Marcus Lim, Zipmex is headquartered in Singapore and currently operates in Australia, Thailand, and Indonesia, with regional offices in each country.

Features:
• Lowest fees and most competitive prices.
• Fast trades across multiple crypto assets including Bitcoin, XRP, Litecoin, GOLD, Ethereum, Bitcoin Cash, and more
• 24/7 support in live chat and email support@zipmex.com
• Immediate deposits and withdrawals.
• High liquidity.
• Security and insurance.

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