Platform Overview
Zeebu’s comprehensive platform is built to service the telecom carrier industry across the globe. The platform offers a suite of services that simplify invoicing and transaction settlement for the telecom carrier industry, making processes both efficient and user-friendly. The platform caters specifically to the needs of two key players in the telecom carrier industry: merchants and customers.
In order to successfully cater to the needs of both customers and merchants, the Zeebu platform is built with proprietary components and has partnered with the Zeebu Payment Processor to enable simple crypto-to-fiat and fiat-to-crypto transactions.
Each telecom carrier business in the ecosystem typically operates in a dual capacity as both a merchant and a customer. These carrier businesses transact regularly with other carriers in different geographic locations. The Zeebu platform offers a singular business view with a unified transaction system, making cross-border operations smoother and more transparent.
| Steps | Actions | USD | Zeebu tokens (USD) |
|---|---|---|---|
1 | The merchant raises invoice to the customer | $1,000,000 | |
2 | The customer purchases Zeebu tokens from the exchange | 1,000,000 | |
3 | The customer transfers the Zeebu tokens equivalent to the value of the invoice with an additional 1% transaction charge to the payment processor | 1,010,000 | |
4 | The payment processor charges the transaction fee (1% of invoice value) from the merchant and the customer. This makes up the payment processor fee. | 20,000 | |
5 | The amount that is credited to merchant after the payment processor fee (a 1% deduction in invoice value) | $990,000 | |
6 | Loyalty rewards earned by the customer (up to 3.5% of the value of the invoice) | 35,000 | |
7 | Loyalty rewards earned by the merchants (up to 3.5% of the value of the invoice) | 35,000 | |
8 | Governance reward (up to 3% of invoice)[a] | 30,000 |
A sequential overview on transactions on the Zeebu platform using Zeebu tokens
The Zeebu platform establishes a new industry benchmark for creating a decentralized system for legacy telecom carrier businesses. The Zeebu platform includes all the services that telecom carriers need in order to effectively manage their business operations. These services include invoicing, settlement processes, remittances, reports for settled and pending invoices, and providing the balance of settlement rewards.
Zeebu understands how critical these services are to enable telecom carriers to run projections, effectively manage expenses, document accounting and excel within their business environment. Zeebu has brought all of these services into one interface by designing a tailor-made, intuitive user interface for telecom carrier businesses. The Zeebu platform is built to solve the problems faced by Web2 businesses by leveraging Web3 technologies. Zeebu ensures the seamless transition of business operations on its Web3 platform with a process that requires limited handholding.
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