The Z2 will also revolutionize the technological market bouncing off the groundbreaking feat from the minority fintech’s original model, the Z1. The device became the first smartphone in the U.S. to accept contactless payment through Visa’s Tap to Phone pilot program in June 2021. The Z1 and Z2 also accept TAP and PAY™ from Visa, Mastercard, Apple Pay, and Google Pay.

“Our TAP and PAY initiative goes directly to minority businesses. We are teaching businesses to be more principled and more powerful so they can generate funds,” Co-founder Benjamin Aubin told AfroTech.

Now small business owners no longer have to rely on additional gear to collect a payment, as their device can now become their primary point-of-sale. This propels ZmBIZI’s mission to put the power back into communities of color by creating a digital ecosystem where the rewards are continuous.

“We know where the trend starts and we want to give back to the source of that. We want communities of color to start becoming included financially in Fintech and they can from this phone by fulfilling their own transactions while having the convenience of a physical card as well,” Patel told AfroTech.

ZmBIZI

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