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Paxnaira: The new dawn in mobile payments and virtual services



It should be noted that the total daily trading volume of BTC is around $20 billion and market capitalization touching $170 billion on 26th June 2020.

Many Africans now largely use cryptocurrencies like Ethereum, Ripple, Bitcoin, and Litecoin for applications in banking, making payment transfers

High uncertainty of economies in most parts of Africa makes cryptocurrencies, a viable medium for asset management in lieu of storing its value in most cases.

It should be noted that the total daily trading volume of BTC is around $20 billion and market capitalization touching $170 billion on 26th June 2020.

Many Africans now largely use cryptocurrencies like Ethereum, Ripple, Bitcoin, and Litecoin for applications in banking, making payment transfers

High uncertainty of economies in most parts of Africa makes cryptocurrencies, a viable medium for asset management in lieu of storing its value in most cases.

Consequently, many Africans with relative access to Internet access via mobile penetration and such platform can use Paxnaira, with its proprietary app, helps in facilitating payments, that remains accessible to everyone through their mobile phone.

For Individuals and startups, Paxnaira offers a better approach in transferring funds to anyone in the world for paying remittance, suppliers, e-commerce shopping, to and from friends and family members based overseas, Paxnaira helps by offering such services as it cost very low charges than many commercial banks in Africa which charge excessive fees in unstable currency markets and unreliable economic ecosystem.

With top-notch security systems incorporated in Paxnaira’s systems a lot of African businesses and startups can connect seamlessly with their global suppliers and buyers without fear of being compromised.

Crypto assets such as Bitcoin was created  after the global recession of 2008 with the intention of a decentralized currency with transparent and controls to consumers advocating for low transaction cost, better security and easier access to its medium of choice

Paxnaira helps by offering Bitcoin transfers, buying and selling of gift cards, and many more services.


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