By Adedapo Adesanya
In order to scale up the kind of cross-border payment services that financial institutions and businesses need, Fliqpay’s vision is simply to create a world where the transfer of value is immediate and simple.
The fintech company is building a suite of payment infrastructure that allows global businesses operating in Africa and around the world to transact internationally in multi-currencies.
The service provides a safe and secure way for businesses to make payments while offering multiple digital currency-fiat conversions at the best exchange rate possible.
Fliqpay leverages blockchain technology to significantly reduce the transaction cost by up to 80 per cent while settling transactions in seconds. Tapping into this liquidity through open automated application programming interface (APIs) of exchanges, decentralised protocols, multi-currency payment gateways and wallet providers.
It currently allows businesses receive payments across the globe in different digital currencies such as Bitcoin (BTC), US Dollar Tether (USDT), Ethereum (ETH), Litecoin (LTC), and to be settled in local currencies such as, Nigerian Naira (NGN), South African Rand (ZAR), Kenyan Shilling (KES) and Ghanaian Cedis.
Through Fliqpay’s dashboard, businesses can create payment links, share via email, SMS, social networks or any medium of choice and get paid instantly and securely. For businesses who choose to accept payments directly from their website, Fliqpay’s easy-to-integrate payment button is embedded on their website, enabling them to receive payments in digital currencies safely.
With Fliqpay’s suite of cross-border payments infrastructure, global businesses and financial institutions will be able to seamlessly connect with their regular local payment channels, initiate transactions and make payments to suppliers.
It also aims to offer its API products to a wide range of customers including Neobanks, Traditional banks, Payment companies, Remittance platforms, Money Transfer platforms and other Fintechs.
The service has been touted for African businesses that are paying suppliers and other vendors, foreign businesses operating/exploring operations in Africa and other emerging markets and emerging market operators planning to expand across Africa and globally, financial institutions and fintechs. It is safe, secure and licensed by the Financial Transactions and Reports Analysis Centre of Canada.
Fliqpay is a cross-border payments infrastructure that enables financial institutions, fintechs and global businesses to make and accept global payments in multiple currencies securely. It supports payments and payouts in multiple currencies in different countries, including the US, UK, EU & China and African countries, including Nigeria, South Africa, Kenya & Ghana.
