Blockchain payments start-up in Nigeria Ivorypay The stablecoin issuing company has formed a strategic partnership Tether Offer digital transactions to more customers in Africa
Ivorypay is a Nigerian start-up that focuses on payments and remittances based on blockchain technology. Tether issuing stablecoins can now directly mint USDT and send it to Ivorypay. This alliance will facilitate more cost-effective transactions and increase user confidence in Ivorypay.
This alliance will fuel innovation within the African payment industry. This partnership will also extend stable digital transaction benefits to more consumers and business across Africa.
Ivorypay executives said teaming up Tether was a strategic decision that aligned with their vision to simplify and secure crypto transactions in Africa. It gives them the necessary liquidity to provide services for more individuals and businesses across Africa. This partnership, they said, would increase trust among users and speed up the adoption of Ivorypay’s solution.
Tether representatives also commented on the partnership. They said the integration of USDT in Ivorypay payment systems sets a standard for efficiency and stability within the financial services industry. Tether is ready to help Ivorypay create opportunities for African consumers and businesses.
Ivory Pay: Previous News
IvoryPay, in May 2022 offered merchants a crypto-based alternative to traditional banking, with the aim of reducing fees and fluctuations. The company, which operates on the Solana Blockchain, facilitates transactions without banks, thus reducing transaction costs and speeding up the process. The ecosystem includes an NFT Storefront and the IVRY Token for smooth transactions, NFT Sales, and Staking.