Fliqpay is a Cryptocurrency Payment Gateway that helps banks and financial institutions settle payments instantly through crypto between Africa and the rest of the world. Fliqpay helps businesses in Africa receive payments from all over the world with cryptocurrencies and get settled instantly in their local currencies 9 times cheaper, 12 times faster at 0.25%.

Fliqpay goes live

On May 12th, Fliqpay’s cryptocurrency payment gateway officially went live. Businesses in Africa can now accept payment in cryptocurrencies, including BTC, USDT, ETH,  LTC, and XRP.

With Fliqpay, customers can pay merchants in either of the cryptocurrencies available and they will receive credit in their local currency in 5 minutes or less. Fliqpay supports several local currencies including; Nigerian Naira (NGN), Kenyan Shillings (KES), Ghanaian Cedis (GHS), South African Rand (ZAR), and Ugandan Shillings (UGX).

Through a seamless payment gateway, entrepreneurs, freelancers, and businesses can accept payment from anywhere in the world. Fliqpay’s solution aims at helping African businesses to expand where they can do business. From the entrepreneur that makes handmade Ankara bags in Lagos, Nigeria to the freelance graphics designer in Mombasa, Kenya, Fliqpay facilitates business growth for African entrepreneurs and companies.

Legacy systems take up to one week for businesses in Africa to receive payment for products and services rendered, with the possibility of chargeback (if the customer disputes the transaction). This processing time and incidences of chargebacks hinder business growth and expansion. This is why Fliqpay has created an infrastructure that solves this problem for African businesses. By using Fliqpay, businesses of all sizes (from freelancers to small business enterprises to large scale businesses) will be able to receive payment in under 5 minutes.

We would like to thank Matt on Twitter for sharing the news with us. Fliqpay has been added to our XRP ecosystem.

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