Pan-African cryptocurrency exchange, Yellow Card has launched its new payments API which will enable businesses to on-and-off-ramp customers through Yellow Card’s crypto rails.
Yellow Card allows businesses instant access to its collection and disbursement rails in 16 African countries as well as the ability to offer their customers local payment methods through mobile money and local bank transfer.
The Payments API enables businesses to collect and disburse local fiat currency through mobile money and bank transfer while Yellow Card handles the treasury management and conversion of local fiat to/from Stablecoins such as USDT and USDC. The automated conversion to Stablecoins safeguards your business from the volatility of African currencies. This product is perfect for crypto companies and other global companies looking to break into Africa, remittance companies looking to benefit from crypto rails, and Fintechs that need help with treasury management.
Yellow Card’s CEO, Chris Maurice said, “Our Payments API is a game-changer for businesses looking to expand across Africa. With one API, you can outsource treasury management, collections, and disbursements across 16 African nations. We’re excited to see the impact this product will have on businesses looking to expand their reach into various African markets”.
Understanding the importance of pricing in African markets, Yellow Card offers the most competitive exchange rates in all countries through the API as well as industry-low fees for using our rails.
Yellow Card’s compliance with relevant regulations allows for other businesses to seamlessly expand into new African countries, fosters trust with customers and strengthen their overall reputation.
With the launch of Yellow Card’s Payments API product, businesses now have the opportunity to tap into a rapidly growing African market.
