Everything You Need to Know About Centiiv Pay

Africans have decried the issues they encounter while making cross-border remittances. These include high transaction fees they have to pay before they can get their funds to the receiving end. Also, remitting funds internationally comes with its own hassles as it requires individuals to fulfil a couple of unnecessary requirements.

The need to have an easy remittance method in Africa cannot be emphasized enough. The stress an individual has to go through to be able get his/her funds sent across really is not necessary. Speaking about the high fees that have to be compulsorily paid is another problem that requires urgent attention.

The outlook of cross-border in Africa no doubt needs to be looked into and this is the reason Centiiv Pay came into the picture. Centiiv Pay is a “yet-to-launch” peer-to -peer remittance platform being built on the Blockchain to facilitate a fast and hassle-free remittance of funds across Africa. The need to maximise the use of Blockchain technology in Africa is the sole reason Centiiv Pay is being built. The platform provides a secure and seamless environment to satisfy the needs of Africans in the area of cross-border remittance. This way, merchants who need to transact beyond the shores of their home country would find payment very easy to do which in turn would help improve their businesses.

Centiiv Pay also intends to make it easy for crypto enthusiasts to make purchases directly from their crypto wallets without having to liquidate their crypto assets. Here, users, through their Centiiv Card can spend their crypto on third party platforms.

Other features of Centiiv Pay are:

  • Swap Crypto: This feature is that which would make it easy for users to exchange crypto assets right within the Centiiv Pay app. Here, a user can easily swap crypto assets without bothering about liquidity.

Centiiv Pay would have the android and IOS versions and is intended to launch in the first quarter of 2022. The launch of Centiiv Pay would definitely solve a lot of problems Africans currently face in the area of cross-border remittances. Also, it is a platform that would help Africans make passive income.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store