Lyzi

Fiat-Crypto

Copy link
Share on X

Claim company
Report company

Description

Lyzi is a revolutionary platform allowing seamless crypto payments and tokenized loyalty systems. It connects Binance users' wallet assets with merchants directly, bypassing traditional card systems like VISA and Mastercard. Merchants receive fiat without commissions, and soon will hold crypto too. The platform integrates Easy Wallet's non-custodial payment functions and Fidly's loyalty tokenization, making it a comprehensive solution for both payments and rewards. The $LYZI token incentivizes users through cashback and various staking opportunities, and is fundamental in enabling a vibrant loyalty ecosystem. With plans to incorporate additional exchanges and community-focused features, Lyzi aims to democratize crypto payments and enhance loyalty programs worldwide.

Similar companies

Lykke

Lykke is a Swiss fintech offering a blockchain-based trading platform with zero fees on cryptocurrencies, fiat, and tokens. It aims to democratize finance, emphasizing security, high liquidity, and regulatory compliance.

LYZE

LYZE combines AI and blockchain for real-time crypto analytics, offering predictive insights, market sentiment, and investment strategies for informed decisions.

Lyfebloc

Lyfebloc offers seamless crypto liquidity through innovative DeFi protocols, governed by LyfeblocDAO.

Lyve Finance

Lyve Finance (LYVE) is a DeFi project on the Ethereum platform with innovative financial products like yield farming, staking, and liquidity provision.

Zeex

Zeex bridges the gap between cryptocurrencies and the real world by enabling direct conversion to goods and services without fiat or fees.

Zypto Token

Zypto Token by French Connection Finance facilitates easy crypto payments through FCF Pay, offering seamless fiat conversion and automated BNB dividends for $FCF holders.

EZToken

EZToken (EZT) leverages blockchain for a loyalty platform, aiming to disrupt traditional schemes with secure, global exchange between businesses and consumers, enhancing loyalty and marketing strategies.

Loyyal

Loyyal uses blockchain to revolutionize loyalty programs, allowing interoperability, enhanced security, and real-time transactions for reduced costs and fraud.

Lyber

Crypto investment, diversified, simple and recurring.

Lyken

Lyken offers a blockchain-based NFT marketplace dedicated to sports, enabling trading of athlete, team, and event-related digital collectibles.

Lympo

Lympo is a blockchain platform rewarding users with LYM tokens for health and fitness activities, facilitating purchases in its wellness marketplace.

Lydia Finance

Lydia Finance is an AMM, yield farming, and staking platform on Avalanche, offering liquidity provision, low fees, seamless token swaps, and rewards in LYD tokens.

FAQ

What is the primary purpose of the Lyzi platform?

Lyzi is designed to bridge the gap between crypto exchange funds and merchant networks, allowing Binance users to make payments directly with their cryptocurrencies. The platform facilitates seamless crypto payments and fiat conversion without relying on traditional payment systems like VISA or Mastercard, ensuring no commission fees for merchants. Beyond payments, Lyzi also supports loyalty tokenization to enhance user engagement and retention.

How does Lyzi enable commission-free payments for merchants?

Unlike traditional payment systems that use VISA or Mastercard, Lyzi allows crypto users to pay directly using their crypto assets. Merchants receive fiat or even hold crypto without incurring any commission fees, thanks to Lyzi's decentralized payment processing. This approach not only streamlines transactions but also reduces costs for merchants, motivating more businesses to adopt cryptocurrency payments.

What are the benefits of using the $LYZI token in Lyzi's ecosystem?

The $LYZI token offers various incentives and utilities across the Lyzi ecosystem. For users, it provides cashback, stacking opportunities, and serves as a conversion tool for loyalty market platforms. Merchants benefit from vesting mechanisms for feature access and staking, while brands can use it as collateral for launching tokenized loyalty programs, participate in staking, and enjoy free token airdrops.

How does Lyzi's solution compare to traditional Binance card services?

Unlike the Binance card, which relies on major credit networks like VISA or Mastercard, Lyzi enables direct crypto payments without intermediaries. This not only reduces transaction costs but also allows for commision-free fiat conversion and potential crypto holding by merchants. Moreover, Lyzi integrates loyalty tokenization, enhancing the value proposition for users and merchants alike.

What future plans does Lyzi have for expanding its services?

Lyzi plans to expand globally by aggregating other major exchanges beyond Binance. This expansion aims to democratize crypto payments worldwide. Additionally, the platform will soon launch tokenized loyalty use cases by Q4 2023, enhancing customer retention. Lyzi is also in pursuit of non-custodial wallet solutions and lightning payment integration to further optimize its offerings.

What should users do if they encounter issues with transactions on Lyzi?

If you encounter any issues while using Lyzi, it is recommended to first check your spot wallet balance on Binance and ensure your assets are correctly synchronized. Next, verify the merchant's network and Lyzi wallet connection are functioning properly. For persistent problems, reach out to Lyzi's support team for assistance. Make sure your app is updated to the latest version for optimal performance and feature access.

FAQ

Company is unclaimed. Do you work for or own this company?