Paychant, the largest cryptocurrency payment gateway in Nigeria, today announced it has launched a new and innovative way to request money in digital currency.
Through Paychant, users in Nigeria, Africa’s largest remittance-receiving nation can now request money in Bitcoin, Ethereum, and Tether from friends and family living abroad in a simple and low-cost method
Paychant users will be able to set up a payment link, which can then be shared with people via text message, email, social media, on instant messenger, or anywhere else, just as a way to request money in cryptocurrency.
“As digital currencies have shown to be the most reliable means for frictionless cross-border payments, facilitating fast transactions with low fees in Africa, we needed to simplify its peer-to-peer payments system, and make it easy and intuitive to receive crypto-payment with just a simple personalized URL” The company explained.
For the first time, users can now receive Bitcoin and other digital currency without the need for crypto addresses or even any prior knowledge of cryptocurrency. Payments received are instantly converted to cash and it goes straight into the user’s bank account.
Get started now, visit https://paychant.com
Jan. 18: Bonus Built in Africa episode: Town Hall meeting with Peter Salovey, President of Yale University
On March 25, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship. Location: Fourpoint by Sheraton, V.I. Lagos
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
Get your story featured on Techpoint. Email: [email protected]
