{"id":14904,"date":"2024-02-08T10:23:31","date_gmt":"2024-02-08T10:23:31","guid":{"rendered":"https:\/\/techandbiz.com.ng\/tab-backup\/?p=14904"},"modified":"2024-02-08T10:24:00","modified_gmt":"2024-02-08T10:24:00","slug":"xion-global-and-callpay-announce-strategic-partnership-to-transform-south-african-payments-landscape","status":"publish","type":"post","link":"https:\/\/techandbiz.com.ng\/tab-backup\/2024\/02\/08\/xion-global-and-callpay-announce-strategic-partnership-to-transform-south-african-payments-landscape\/","title":{"rendered":"Xion Global and Callpay Announce Strategic Partnership to Transform South African Payments Landscape"},"content":{"rendered":"<p><strong>\u00a0<\/strong><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<p><a href=\"https:\/\/xion.global\/\">Xion Global<\/a>, a Web3 payments provider, has announced a strategic partnership with <a href=\"https:\/\/www.callpay.com\/\">Callpay<\/a>, a major player in South Africa&#8217;s payments industry. This alliance aims to boost Web3 payments adoption in South Africa, blending Xion&#8217;s innovative technology with Callpay&#8217;s strong market presence.<\/p>\n<p>&nbsp;<\/p>\n<p>This partnership broadens payment options for customers, providing the convenience of Xion&#8217;s one-click crypto checkout that combines ease of use with cost savings, enabling quick, secure transactions.<\/p>\n<p>&nbsp;<\/p>\n<p>Merchants also stand to benefit from reduced transaction fees and the elimination of chargebacks, enhancing efficiency and giving them a competitive edge. This positions them to attract new customers and create customized payment options, all while reducing fraud risk and enjoying quicker settlement of payments.<\/p>\n<p>&nbsp;<\/p>\n<p><em>&#8220;We are thrilled to partner with Callpay to bring our cutting-edge Web3 payment solutions to the South African market,&#8221; said Ronan Quarmby, CEO of Xion Global. &#8220;This partnership will allow us to leverage our technology to support Callpay in expanding their reach in Web3 payment abilities and delivering further innovative payment solutions to their client base.<\/em><\/p>\n<p><strong><em>\u00a0<\/em><\/strong><\/p>\n<p><strong>Phased Roll-Out Strategy Approach<\/strong><\/p>\n<ul>\n<li>Phase 1: Introduction of gasless USDT (Polygon) transactions, offering stability and lower fees.<\/li>\n<li>Phase 2: Expansion to multi-chain payments, enhancing flexibility and choice for users.<\/li>\n<li>Phase 3: Introduction of cashback rewards, loyalty programs, and discounts, incentivizing regular payments.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Expanding Reach and Shared Innovation<\/strong><\/p>\n<p>The partnership between Xion Global and Callpay is set to transform South Africa&#8217;s payments landscape by integrating Xion&#8217;s Web3 technology with Callpay&#8217;s established market presence. Xion Global brings an easy-to-use crypto payment method, allowing consumers to select crypto as their payment method, link their MetaMask wallet, and complete transactions with just a click. This user-friendly approach will offer both convenience and lower fees to consumers.<\/p>\n<p>&nbsp;<\/p>\n<p>Additionally, Xion Global will be utilizing Callpay APIs to enhance its service offerings, providing clients with additional payment features. This integration is part of a phased rollout plan, starting with gasless USDT transactions and later expanding to multi-chain payments and cashback rewards. The partnership aims to broaden Callpay&#8217;s reach into new African markets, leveraging Xion&#8217;s infrastructure to diversify the African payments ecosystem and co-develop tailored payment solutions for the South African market.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>A Step Towards Inclusive, Efficient, and Secure Payments<\/strong><\/p>\n<p>This collaboration highlights the growing importance of innovative fintech solutions, aiming to make payments more inclusive, efficient, and secure. With over 6 million people in South Africa currently owning cryptocurrency, this partnership is timely and aligns with the increasing adoption of cryptocurrency payments in the region.<\/p>\n<p>&nbsp;<\/p>\n<p>Both Callpay and Xion Global are committed to providing secure and reliable payment solutions, with Callpay being a trusted partner for many South African businesses and Xion Global dedicated to superior Web3 payment solutions globally.<\/p>\n<p>&nbsp;<\/p>\n<p><em>&#8220;This partnership is a significant step forward for Callpay as we continue to expand our market leadership,&#8221; said Arthur Peace, CEO of Callpay. &#8220;Xion<\/em><em>&#8216;<\/em><em>s technology will be invaluable in helping us reach new customers and deliver the best possible Web3 payment experiences to them. <\/em><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Key Statistics SA Crypto Market:<\/strong><\/p>\n<ul>\n<li>It is estimated that over 6 million people, 10<a href=\"https:\/\/triple-a.io\/crypto-ownership-data\/\">%<\/a> of South Africa&#8217;s total population, currently own cryptocurrency.<\/li>\n<li>81% of South African crypto respondents agree that businesses would stand to benefit from adopting cryptocurrency payments.<\/li>\n<li>Around 40% of crypto spenders are spending more than ZAR10,000 of cryptocurrency for purchases monthly, with a significant amount (12%) being large spenders of more than ZAR100,000 monthly.<\/li>\n<li>People are increasingly seeing cryptocurrency as a safe asset and alternative to national currencies, with more than 46% of crypto owners having more than ZAR10,000 in crypto assets. A significant number of crypto owners (12%) also have more than ZAR100,000 in cryptocurrency.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 \u00a0 Xion Global, a Web3 payments provider, has announced a strategic partnership with Callpay, a major player in South Africa&#8217;s payments industry. This alliance aims to boost Web3 payments adoption in South Africa, blending Xion&#8217;s innovative technology with Callpay&#8217;s strong market presence. &nbsp; This partnership broadens payment options for customers, providing the convenience of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14905,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[346,366],"tags":[],"class_list":["post-14904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-culture","category-economy"],"_links":{"self":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/14904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/comments?post=14904"}],"version-history":[{"count":0,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/14904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media\/14905"}],"wp:attachment":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media?parent=14904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/categories?post=14904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/tags?post=14904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}