Fliqpay enables global businesses to make easy, secure and faster cross-border payments

November 5, 2020
4 min read

Sending global, cross-border payments should be easy, seamless, immediate and cost-effective. In order to scale up the kind of cross-border payment services that global businesses need, Fliqpay’s vision is simply to create a world where the transfer of value is immediate and simple as sending a text message.

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Digitalisation has a fundamental impact on the way consumers and corporations do business with each other – and also on how they exchange money and information. The digitalisation of all aspects of doing business is driving change in the relationship between financial institutions, global businesses, payment operators and their customers—with growing impacts on International payments. Despite rapid market growth, international payments have been hampered by country-specific regulations, while transactions being channeled through intermediary banks can take days to complete and often come with unexpected fees, the overall integration into customers’ value chains is poor. It’s clear that there is substantial room for improvement.

The lack of effective cross-border payments infrastructure has created opportunities for payment operators and innovators to introduce alternatives to traditional banks for people to send money in-continent, for buying and selling across borders and to send remittances to their dependents.

How Fliqpay Helps

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Sending global, cross-border payments should be easy, seamless, immediate and cost-effective. In order to scale up the kind of cross-border payment services that financial institutions and businesses need, Fliqpay’s vision is simply to create a world where the transfer of value is immediate and simple. Fliqpay is building a suite of payment infrastructure that allows global businesses operating in Africa and around the world to transact internationally in multi-currencies.

Fliqpay provides a safe and secure way for businesses to make payments while offering multiple digital currency-fiat conversions at the best exchange rate possible. Fliqpay leverages blockchain technology to significantly reduce the transaction cost by up to 80% while settling transactions in seconds. Tapping into this liquidity through open APIs of exchanges, decentralised protocols, multi-currency payment gateways and wallet providers.

Fliqpay currently allows businesses receive payments across the globe in different digital currencies such as Bitcoin (BTC), US Dollar Tether (USDT), Ethereum (ETH), Litecoin (LTC), and to be settled in local currencies such as, Nigerian Naira (NGN), South African Rand (ZAR),  Kenyan Shilling (KES) and Ghanaian Cedis. 

Through Fliqpay’s dashboard, businesses can create payment links, share via email, SMS, social networks or any medium of choice and get paid instantly and securely. For businesses who choose to accept payments directly from their website, Fliqpay’s easy-to-integrate payment button is embedded on their website, enabling them to receive payments in digital currencies safely.

With Fliqpay’s suite of cross-border payments infrastructure, global businesses and financial institutions will be able to seamlessly connect with their regular local payment channels, initiate transactions and make payments to suppliers. Fliqpay also aims to offer its API products to a wide range of customers including Neobanks, Traditional banks, Payment companies, Remittance platforms, Money Transfer platforms and other Fintechs.

Fliqpay is for African businesses that are paying suppliers and other vendors, foreign businesses operating/exploring operations in Africa and other emerging markets and emerging market operators planning to expand across Africa and globally, financial institutions and fintechs. Fliqpay is safe, secure and licensed by the Financial Transactions and Reports Analysis Centre of Canada. 

Enjoy a frictionless experience with Fliqpay while making cross-border payments, and give your customers and partners a seamless payment experience.

About Fliqpay

Fliqpay is a cross-border payments infrastructure that enables financial institutions, fintechs and global businesses to make and accept global payments in multiple currencies securely. Fliqpay supports payments and payouts in multiple currencies in different countries, including the US, UK, EU & China and African countries, including Nigeria, South Africa, Kenya & Ghana.

Fliqpay is building the next generation payment infrastructure to enable businesses to expand globally. Driven by a clear aim – to help businesses make easy, secure and faster cross-border payments. 

In 2019, Fliqpay became a Techstars alumni. Techstars is a seed accelerator that allows entrepreneurs to thrive. Since its launch, Fliqpay has done more than $20 million in transaction volume. Fliqpay is based in Toronto, Canada and Lagos, Nigeria. 

Stay Connected with Fliqpay on LinkedIn, Twitter, Instagram, and Facebook

Press Contact
Name — Jemima Adegoke
Email — jemima@fliqpay.com

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