Electroneum Partners with new Mobile Payment Processor

Today the Electroneum Team made a press release claiming that they have partnered with a South American Payment Processing Firm, Xius.

Xius Processes over 1 billion USD worth of transactions per month, and they claim the partnership is to include ETN as a payment method within their services. If this comes to fruition it could mean good things going forward for the value of ETN. If ETN is being used reguarly the price will rise.

http://electroneum.com/2018/01/05/electroneum-signs-agreement-with-telecommunications-payments-giant-xius/

http://www.xius.com/company.php

This news has already caused a speculative rise in ETN's value. ETN has been pretty stagnant for the last 3 weeks, hovering right around 8 cents USD. It currently peaked right around 11 cents, about a 20% climb off the news.

The team still has some challenges to overcome. They must finish their mobile app, mobile miner, and make all the lost funds accessible in order to be successful. They also must get listed on more mainstream exchanges. Cryptopia is such an obscure exchange, it is really killing ETN.

If they can get it listed, and fix the issues with their APP the coin just might get some legs and climb.

They also might consider paying the hackerone hackers.