Crypto startup, Cardify Africa, has introduced a new platform that Nigerians can use crypto to pay for airtime bills; mobile data bills, electricity bills, etc.
This was revealed by Cardify Africa marketing assistant, Yemisi Solaja in a statement. According to her, Nigerians no longer need to first convert their funds into fiat money to pay their bills with bitcoin and US dollars.
She also revealed that the bills paid for network providers have been integrated as a service on the Cardify Bills Platform. Another part of the statement reveals that,
“Cardify Africa users can choose one of the world’s most popular cryptocurrencies to pay bills. Aside from Bitcoin, those include Ethereum, Litecoin, Dogecoin, DASH, and even stablecoin, USDT.
“Users will be able to shop across various online e-commerce stores with the voucher offering on the Cardify Bills platform, one of such is Jumia, this means Cardify Africa gives you the option to spend your crypto for everyday purchases seamlessly, according to the company.
To read more: Remita Bags Two Awards At A Fintech Event
More Details About Cardify Africa
Revealing its functionality, chief executive officer, Tunde Buremo, said customers will need to validate their accounts by completing the KYC requirements on the platform. This is to pay for different types of bills.
He also disclosed that the service will initially enter Nigeria through a waitlist. As the company prepares to welcome new customers quickly, users will be given access to the product through the company’s web platform. Then, the company will proceed to make it available on mobile apps for iOS and Android.
What Cardify Aims to Achieve
The company aims to be the largest cryptocurrency retailer in Africa and the go-to location for cryptocurrency users in Nigeria and the continent.
Anyone in the world can use the company’s goods and services to pay for their daily expenses in cryptocurrency. They also offer a selection of gift cards, bill payment options, and prepaid cell refills that can be bought using Bitcoin, UDT, and several cryptocurrencies.
Follow techkudi.com for more fintech news