ZeU Received Green Light to Process Casino and Gaming Credit Card Payments

Montréal – TheNewswire - May 10, 2021 – ZeU Technologies Inc. ZEU ZEUCF ZEU is pleased to announce that it has received today the green light to process credit card payments for Gambling, Sports & eSports betting.  

The issuing banks working with ZeUPay, ZeU's wholly-owned subsidiary, have confirmed clearance for processing credit card payments in all scenarios proposed on the Mula platform with a specific confirmation related to Gambling with only a very narrow geographical restriction limited to four Middle-Eastern countries.  

ZeUPay also expects to receive comments and clearance from major credit card companies in relation to its own card program in or around the end of the upcoming month of June.

Further disclosure will be provided over the month of May regarding the Mula platform development, additional patents, and the commercial launch of some of the products and partnerships, which include the Kamari Lottery following Kamari's upcoming listing on the Binance digital exchange.

ZeUPay should also provide further disclosure shortly regarding its mobile-based digital bank, which will include international payment debit cards, accessible to use in over 30 million locations worldwide.

ON BEHALF OF THE BOARD OF DIRECTORS

"Frank Dumas"

Frank Dumas
President & CEO

About ZeU

ZeU is a forward-thinking Canadian technology company that has developed a state-of-the-art blockchain protocol, providing the foundation for the next generation of encrypted and distributed networks. Thanks to its high level of sophistication, ZeU's technology maximizes transparency, security and scalability as well as big data management. ZeU's strategy is to monetize blockchain transactions in diverse sectors such as payment, gaming, data, and healthcare.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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