The FinTech space will continue to evolve to match the demand for online payment services.
Cardify Africa is a Nigeria-based FinTech company located in the western part of the country which has incorporated a new feature that would allow users to use digital assets to pay electricity bills and other bills listed on the platform.
Cardify Africa has also provided a platform for online shoppers to effortlessly spend virtual currency assets just as liquid cash (fiat currency).
Unlike the traditional way, digital asset owners make payments directly from the virtual wallet; users would no longer need to first convert their digital asset to fiat currency before effecting payment.
Cardify Africa has included the most common cryptocurrencies for direct payment. Users can use Bitcoin, Ethereum, Dogecoin, Litecoin, Stablecoin, DASH and USDT to expand the range of customers who may want to explore this payment option.
The newly startup FinTech company aims to attain the apex in digital currency retailing in Africa so as to allow users to spend their coins, removing the inconvenience that may ensue due to currency exchange and conversion.
Is Cardify Africa available to Africans only?
No! Cardify Africa services is accessible to anyone who registers on the platform, offering much more than bills payment, but also airtime purchases and a selection of gift cards using crypto coins.
To enjoy maximum services, registered users must complete their KYC requirements to validate their accounts. Cardify Africa only charges a 0.5% fee on the total amount paid for delivering and processing costs when the bill is not discounted by the payee.
About a decade ago, the reality of cryptocurrency becoming a safe payment option was doubtful. But now, it is considered a viable payment option. How do you see a completely cashless society basking on the use of cryptocurrency payment?
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Photo By Cardify Africa
