Zeebu Overview
Last updated
Last updated
Zeebu is revolutionizing the telecom wholesale voice industry by introducing a decentralized payment service provider (PSP) tailored for telecom companies. Traditional telecom payment systems are plagued by inefficiencies, lack of transparency, high costs, remittance delays, and liquidity lock-ups.
By leveraging blockchain technology, Zeebu offers a secure, trustless platform where buyers and sellers can directly invoice each other. This system provides transparent and auditable transaction records, reducing the risk of fraud and disputes. Additionally, the integration of smart contracts and decentralized finance (DeFi) protocols enables fast, seamless payments without relying on traditional banking intermediaries.
Zeebu’s key advantage lies in dramatically reducing transaction fees from the typical 4-5% to a total of 2%—1% for merchants and 1% for clients—resulting in significant cost savings for companies, in the tens of millions annually. Furthermore, settlement times, which traditionally take 90 to 120 days, are reduced to just minutes, allowing telecom companies to free up capital for more productive use, rather than having it tied up in prolonged settlement processes.
The telecom wholesale industry is a vital part of the global telecommunications ecosystem, facilitating the exchange of voice, data, and messaging services between carriers and operators. However, this sector is fraught with several challenges, including slow settlements, lack of transparency, and high fees, which all lead to revenue loss for telecom wholesale businesses.
With the advent of DeFi, Zeebu addressed these pain points to create a more efficient, secure and cost-effective telecom wholesale ecosystem. Zeebu leverages blockchain, tokens and smart contract technology to create a decentralized PSP for telecom operators, carriers, and service providers, enabling them to invoice with each other securely, seamlessly, and earn rewards for every transaction made on the platform.
The platform’s key features include reducing transaction fees from the typical 4-5% to a total of 2%—1% for merchants and 1% for clients—resulting in significant cost savings for companies, in the tens of millions annually. Additionally, the platform will provide loyalty token rewards for every transaction made on the platform, incentivizing companies to participate in the ecosystem.
Website - www.zeebu.com
Twitter - x.com/zeebu
Protocol - protocol.zeebu.com
Telegram - https://t.me/ZeebuOfficial
