In the fast-evolving fintech world wherein there are a lot of digital and virtual solutions that provide a seamless banking experience, several new players are emerging in the sector. London-based Zeux is one such fintech player that has launched a physical VISA card to meet the requirements of growing customer appetite.
Launches physical VISA card!
Founded by Frank Zhou in 2017, Zeux is the first all-in-one money management app, which brings together payment functionality, investment and savings alternative options, and zero added fee foreign exchange in one smartphone experience.
Zeux touted to be a customer-centric fintech company has announced the launch of a physical VISA card for its users. It is claimed to be an important milestone in the company’s journey and it further validates its position in the sector. Users can opt to get this physical card just by applying via the app.
Bundles attractive features
The new Zeux physical card presents user friendly features such as zero FX fee when paying abroad, no additional fees on any overseas transactions, categorised spending to track your expenses, the ability to send and request money, instant payment notifications, easy to use investment products, zero fee for cash withdrawals in the UK and overseas, and the ability to pay with cryptocurrencies using the physical Visa card.
CEO and founder of Zeux, Frank Zhou said, “Consumer adoption of fintech services in the UK is seeing impressive growth, though the cautionary approach we are known for as a nation holds us back from competing with countries like China and India.”
“When we moved from cash to credit cards, consumers still carried cash with them for a transition period, until the cards became second nature and felt safe. Similarly, when Apple Pay was first introduced, consumers continued to carry their credit cards, ‘just in case’. Building trust with UK consumers takes time, and this is a factor that is often overlooked by fintechs: developing systems they ‘think’ the consumer wants will only create a landfill of solutions that no one ever asked for. Knowing your customer has never been more important.
Main image picture credits: Zeux
Stay tuned to Silicon Canals for more European technology news.
