What is Afripay?
Afripay is a secure cryptocurrency payment solution which allow Merchants, businesses & Freelancers from Africa and globally to accept transactions of cryptocurrencies as payment from customers in exchange for goods or services. Our payment systems can payments from any country in Africa in a 100 percent secure enviroment.
Apay Coin ($APAY) will be used as a common medium of transfer between Merchants across Africa’s 54 countries (each with its own wrapped stable currency version of their Fiat currency). Apay coin will allow African citizens and entrepreneurs to engage with the new digital economy with only a mobile phone.
When a customer purchases an item from a merchant cryptocurrency as payment, the transaction goes through our payment gateway at a fixed rate and automatically converts to traditionally recognized fiat currency or the wrapped version of the aforementioned currencies so the merchant can avoid the volatility of the cryptocurrency markets.
Merchants can also choose to use our Afripay Wallet to hold their Cryptocurrencies as long as they prefer.
What Makes Afripay Unique?
1: Lower fees than traditional credit card payment systems
2: Our payment solution can be integrated with e-commerce platforms, point-of-sale systems.
What is Afriwallet?
Afriwallet is our native, secure cryptocurrency online wallet app where you can store your APAY coins and other supported cryptocurrencies.
Users can download the Application on their Android Phones or their iPhones, create an account and you can start sending and receiving payments instantly.
Afripay Hardware Wallet
Afri Hardware wallet is our proprietary cryptocurrency offline wallet which stores the user's private keys (the crucial information used to authorise outgoing transactions).
Our offline cold storage wallet is the safest way to manage & trade your cryptocurrencies.
Which solution(s) will your product or platform bring to the African cryptocurrency market?
We seek to minimize the barriers encountered by young entrepreneurs and small businesses in Africa regarding receiving payments.
We aim to overtake traditional banking and service platforms with the Afripay platform and Apay currency to help young entrepreneurs in Africa’s 54 countries overcome challenges of inflation, government regulation, and lack of access to world-class business tools and services.
What is the use case of your Token to your platform(s)?
Apay utility token will be used all across the entire Afripay ecosystem
Transactions will be made with the Apay Token cementing the token as the main means of transferring value and making purchases across all of the ecosystem's platforms, functions, and services.
Our Affiliates will need to use the Apay utility token as the means to pay for their activity.
Do you have a working product?
Not yet, but in few months time the afriwallet and the Apay Token will be Beta Tested before public use.
What is your relationship with Binance?
APAY is a token issued via the Binance Smartchain. We are working hand in hand with finance to ensure all technological and developmental best practices are met.
What is DeFi?
DeFi means Decentralized Finance and includes an array of decentralized financial instruments and mechanisms like stable coins, lending protocols, security tokens.
Why Binance Smartchain?
We choose to Partner with Binance Smartchain due to their cross-chain communication with all the blockchains
heterogeneous sharding and high security.
What is your relationship with Cloudflare?
Cloudflare is the security company that provides our website with content delivery network services, DDoS mitigation, and distributed domain name server services.
Where can I reach you?
You can reach us on our official Afripay websites and social platforms listed below. If a website, channel, group, or any entity claims to represent Afripay but is not found on the list below, delete and block the person immediately.