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Nigerian startup introduces digital wallets as new means of payment

Nigeria enterprise, Cardify, has introduced digital currency wallets to foster seamless payments.

By Anna B Kiwanuka

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Nigerians can now pay for their airtime, mobile data, energy, and other expenses using cryptocurrency thanks to a new platform launched by Cardify Africa.

Yemisi Solaja, the startup’s marketing assistant stated that with the platform, Nigerians no longer need to first convert their funds into fiat money in order to pay their bills with bitcoin and USDT Solaja also revealed that bills payment for telecommunication networks have been integrated as a service on the Cardify Bills Platform.

“Just the way you spend your fiat currency to make these purchases, we are giving users in Nigeria and Africa at large the ability to spend their crypto without having to first convert it to fiat. 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,” she said.

The company also stated, “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.”

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The company also noted in its statement that it aims to be the largest cryptocurrency retailer in Africa and the go-to location for cryptocurrency users in Nigeria and the rest of the continent to spend their coins.

“Anyone in the world can use Cardify’s goods and services to pay for their daily expenses in cryptocurrency. We offer a selection of gift cards, bill payment options, and prepaid cell refills that can be bought using Bitcoin, USDT, and a number of other well-known cryptocurrencies internationally,” the statement explained.

Cardify Africa’s Chief Executive Officer, Tunde Buremo, also pointed out that customers will need to validate their accounts by completing the KYC requirements on the platform for certain transaction thresholds.

”The service will initially enter the Nigerian market through a waitlist. As the company prepares to welcome new customers quickly, users will first be given access to the product through the company’s web platform, www.cardify.co, then on the mobile apps for iOS and Android,” Tunde said.

According to Cardify, users will be charged a 0.5 percent convenience fee on the total bill paid to cover the cost of delivering and processing each bill payment as those are not discounted by the provider or payee.


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