Ivorypay is a blockchain-based remittance and crypto payment service that enables African businesses to accept stable cryptocurrency payments from customers globally. The platform addresses the challenges of foreign exchange restrictions and limited banking services by providing fast, low-cost transactions and seamless conversion to local currency.
Funding
$50K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
African businesses face challenges accepting payments from global customers due to foreign exchange restrictions and limited access to traditional banking services. This can hinder growth and limit their ability to participate in the global economy.
Solution
Ivorypay provides a blockchain-based payment gateway that enables African businesses to receive stable cryptocurrency payments from customers worldwide. The platform facilitates fast, low-cost transactions and seamless conversion to local currency, eliminating the need for traditional banking infrastructure. Businesses can integrate Ivorypay's APIs to create personalized crypto payment experiences, collect one-time or recurring payments, and make instant crypto transfers. The platform also offers tools for managing crypto transactions and customer data, along with features like checkout, payment links, and storefront options. By using stablecoins, Ivorypay helps businesses avoid the volatility associated with other cryptocurrencies.
Target Audience
Ivorypay targets African businesses, including entrepreneurs, global brands, fintech companies, and online betting platforms, seeking to expand their reach and accept payments from a global customer base.
Features
- Acceptance of stable cryptocurrencies such as USDT, USDC, and BUSD
- Seamless conversion of cryptocurrency to local fiat currency
- Easy-to-use APIs for integrating crypto payments into existing systems
- Checkout, payment link, and storefront options for diverse business needs
- Tools for collecting one-time and recurring crypto payments
- Instant crypto transfer capabilities
- Transaction and customer data management tools
- Support for QR code payments
- Multisig wallet support for enhanced security