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Draft:Zypto

From Wikipedia, the free encyclopedia

Zypto SP ZOO VASP is a multinational corporation specializing in blockchain and cryptocurrency payments. It serves as an alternative to both traditional paper currency and online payment processing. The company offers a variety of products that allow users to spend their cryptocurrency, headlined by their flagship wallet app.

Established in 2021 as FCFPay, the company launched a partner token, French Connection Finance, on the BSC chain to build a community with the goal of creating a more efficient financial system that better serves the needs of the public. In 2024, FCFPay was acquired by Zypto Pay, and the partner token was migrated to 'Zypto'.

Currently, the company is headquartered in Poland.

History

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2021-2023

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Zypto Pay was initially launched by John Nasr in August 2021 under the name 'FCFPay'. Nasr retains control of the company today as Co-Founder and CEO. Later, Joseph Parkin joined FCFPay and spearheaded the eventual acquisition by Zypto Pay. Today, Parkin is active COO and Co-Founder.

Present

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Currently, Zypto Pay is run by Nasr and Parkin as Co-founders. They have publicly announced partnerships with Moneygram, the Stellar Foundation, Gate Io, and many other large organizations.

Notable Partnerships

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Moneygram and Stellar Foundation [1]

Gate Io [2]

HSBC [3]

[4]

Honda [5]

[6]

JP Morgan [7]

Chase Bank [8]

[9]

Baby Doge [10]

[11]

Shiba Inu [12]

XRP [13]

Pi Coin [14]

Token

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History

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Initially launched as French Connection Finance on the BSC Chain, FCFPay's goal was to create a community that would assist in their goal of mass crypto adoption. FCFPay introduced the implementation of their Revenue Sharing Token.

Present

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Following the acquisition by Zypto Pay, the French Connection Finance token was migrated to the Ethereum blockchain, and launched as "Zypto".

Holders of the Zypto token receive daily rewards in the form of 'Zyps'. Zyps are redeemable through the Zypto Wallet App in the Rewards Hub- often referred to as 'Zyptopia'. This arrangement has created a community of individuals, referred to as 'Zyptonians', who help spread the word about the company's products and news.

The Zyptonians are available on Telegram.[15]

Foundation

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Following the token's migration from FCF to Zypto, the community came together to elect a set of leaders with the goal of expanding their community.

Products

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App

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Zypto is most known for their wallet app, which is available on iOS and Android.

The app's stated goal was to create an interconnected global financial system that seamlessly crossed borders. It was developed with a particular focus on helping the nearly 1 billion people worldwide without access to central banking.

References

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  1. ^ Kumi, John. "Stellar Powers Global USDC Cash Service Through Partnership with Zypto and MoneyGram – XLM Poised for Rally".
  2. ^ "Gate Pay and Zypto Partner to Further Crypto Payments Adoption".
  3. ^ Olajide, Tomiwabold. "SHIB, XRP Payments Now Available for HSBC Bank Users via This Partnership".
  4. ^ Kumar, Ronak. "HSBC Allows Mortgage Payments In Shiba Inu And XRP".
  5. ^ Bhavsar, Jalpa. "Honda Accepts Crypto Payment Including Bitcoin And XRP".
  6. ^ Allen, Nancy. "Honda Now Accepting Cryptocurrencies for Payments: Report".
  7. ^ Morrison, Alex. "JPMorgan to Accept XRP for Credit Card and Mortgage Payments". CoinMarketCap.
  8. ^ Cromley, Kelly. "Chase Bank's Bold Step: Strategic Partnership with FCFPay Opens Doors to Cryptocurrency Transactions".
  9. ^ Bhavsar, Jalpa. "Chase Bank Users Can Choose SHIB, DOGE, BTC For Payment".
  10. ^ Hirschfield, Jordan. "Memecoin Payment Cards Overshadow True Utility of Prepaid and Crypto".
  11. ^ Zabi (July 8, 2022). "Merchants Can Now Accept BabyDoge As Payment As FCF Pay Adds Support For The Meme Coin".
  12. ^ Kahnzadaev, Gamza. "Shiba Inu (SHIB) Payments for These Virtual Debit Cards Hit New High".
  13. ^ "HSBC Now Supports Shiba Inu (SHIB) and XRP! Everlodge (ELDG) Revolutionizes Timeshares Investment".
  14. ^ Solanky, Gopal. "FCF Pay To Integrate Pi Coin On Its Crypto Payment Platform".
  15. ^ "$ZYPTO - Global Chat". Telegram.
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