Nexuspay is a blockchain-based mobile payment platform designed to enhance financial inclusivity and connectivity in African markets. It aims to offer an alternative to traditional mobile money services by utilizing stable coins, primarily USDC, to mitigate issues like inflation and facilitate easier cross-border transactions. Key features of Nexuspay include:
Peer-to-Peer Transactions: Users can send crypto to others using just phone numbers, bypassing the need for complex wallet addresses.
Merchant Payments: Customers can pay merchants in stable coins by entering a business till number and the cost in local currency, simplifying transactions into a familiar process.
Scan to Pay and Tap to Pay: For retail transactions, Nexuspay employs QR codes and NFC technology, respectively, streamlining payments in supermarkets and for bus fares, and improving efficiency and security.
Off/Onramping: Supports loading and withdrawing funds via cards like Visa and mobile money platforms like M-Pesa.
Lending Services: Offers microloans to SMEs and personal loans in the style of M-Shwari and Fuliza.
Loyalty Crypto Token: Plans to introduce a token to reward users and encourage platform use.
Offline Transactions: Leverages USSD technology and SMS to facilitate transactions without the need for internet access, extending service to users in remote areas.
Cross-Border Payments: Enables transactions across countries, aiming to improve trade and personal finance for Africans.
The project is spearheaded by co-founders with extensive experience in the blockchain sector, both locally and internationally, with backgrounds in significant startups and projects. Nexuspay is positioned as a solution to the challenges of high remittance costs, inflation, and the difficulty of accessing USD in many African countries, providing a user-friendly platform that leverages stable coin advantages for everyday financial activities.
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Nexuspay token is supported by following blockchains:
Nexuspay is Nexuspay is a blockchain-based mobile payment platform designed to enhance financial inclusivity and connectivity in African markets. It aims to offer an alternative to traditional mobile money services by utilizing stable coins, primarily USDC, to mitigate issues like inflation and facilitate easier cross-border transactions. Key features of Nexuspay include: Peer-to-Peer Transactions: Users can send crypto to others using just phone numbers, bypassing the need for complex wallet addresses. Merchant Payments: Customers can pay merchants in stable coins by entering a business till number and the cost in local currency, simplifying transactions into a familiar process. Scan to Pay and Tap to Pay: For retail transactions, Nexuspay employs QR codes and NFC technology, respectively, streamlining payments in supermarkets and for bus fares, and improving efficiency and security. Off/Onramping: Supports loading and withdrawing funds via cards like Visa and mobile money platforms like M-Pesa. Lending Services: Offers microloans to SMEs and personal loans in the style of M-Shwari and Fuliza. Loyalty Crypto Token: Plans to introduce a token to reward users and encourage platform use. Offline Transactions: Leverages USSD technology and SMS to facilitate transactions without the need for internet access, extending service to users in remote areas. Cross-Border Payments: Enables transactions across countries, aiming to improve trade and personal finance for Africans. The project is spearheaded by co-founders with extensive experience in the blockchain sector, both locally and internationally, with backgrounds in significant startups and projects. Nexuspay is positioned as a solution to the challenges of high remittance costs, inflation, and the difficulty of accessing USD in many African countries, providing a user-friendly platform that leverages stable coin advantages for everyday financial activities.. Nexuspay's native token is Nexuspay. Nexuspay token is supported by following blockchains: .