Yellow Card, a Pan-African cryptocurrency exchange, has launched its new payments API, which enables businesses to on-and-off-ramp customers through Yellow Card’s crypto rails. The new Payments API allows 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 businesses from the volatility of African currencies.
Yellow Card allows businesses instant access to its collection and disbursement rails in 16 African countries, offering their customers local payment methods through mobile money and local bank transfer. The Payments API 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, stated that the Payments API is a game-changer for businesses looking to expand across Africa. With one API, businesses can outsource treasury management, collections, and disbursements across 16 African nations. Yellow Card’s compliance with relevant regulations allows for other businesses to seamlessly expand into new African countries, fosters trust with customers, and strengthens their overall reputation.
Competitive Exchange Rates and Industry-Low Fees on Yellowcard
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 their rails. With the launch of Yellow Card’s Payments API product, businesses now have the opportunity to tap into a rapidly growing African market.
Yellow Card’s Payments API product is a game-changer for businesses looking to expand into Africa. With instant access to collection and disbursement rails in 16 African countries, competitive exchange rates, and industry-low fees, the new API product allows businesses to outsource treasury management, collections, and disbursements, while Yellow Card handles the conversion of local fiat to/from stablecoins such as USDT and USDC.
FAQs
- What is Yellow Card? Yellow Card is a Pan-African cryptocurrency exchange that allows businesses instant access to its collection and disbursement rails in 16 African countries, offering their customers local payment methods through mobile money and local bank transfer.
- What is Yellow Card’s Payments API? Yellow Card’s 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.
- What are the benefits of using Yellow Card’s Payments API? The new Payments API allows businesses to outsource treasury management, collections, and disbursements across 16 African nations, while Yellow Card handles the conversion of local fiat to/from stablecoins such as USDT and USDC. It also offers the most competitive exchange rates in all countries through the API, as well as industry-low fees for using their rails.
- Who can benefit from Yellow Card’s Payments API? The Payments API 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.
- Why is compliance with relevant regulations important for Yellow Card? Yellow Card’s compliance with relevant regulations allows for other businesses to seamlessly expand into new African countries, fosters trust with customers and strengthens their overall reputation.
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