{"id":13858,"date":"2023-11-13T10:17:25","date_gmt":"2023-11-13T10:17:25","guid":{"rendered":"https:\/\/techandbiz.com.ng\/?p=13858"},"modified":"2023-11-13T10:17:25","modified_gmt":"2023-11-13T10:17:25","slug":"metamask-and-xion-global-crafting-the-future-of-1-click-web3-payments-in-south-africa","status":"publish","type":"post","link":"https:\/\/techandbiz.com.ng\/wp10\/2023\/11\/13\/metamask-and-xion-global-crafting-the-future-of-1-click-web3-payments-in-south-africa\/","title":{"rendered":"MetaMask and Xion Global: Crafting the Future of 1-Click Web3 Payments in South Africa"},"content":{"rendered":"

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In today’s digital landscape, two prominent players are set to reshape the decentralised payments scene in South Africa: MetaMask<\/a> and Xion Global<\/a>. Their collaboration is not just a fusion of strengths; it’s a vision, a roadmap to the future of payments in South Africa.<\/p>\n

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<\/a>Web3 Payments in South Africa<\/span><\/b><\/h2>\n

MetaMask (MM), globally recognised as the world\u2019s leading self-custody wallet with 30+ million users, serving as a bridge to the decentralised web and a primary wallet provider for web3 payments on Xion Global. With that in mind, Xion Global offers a user-friendly web3 payment solution, ensuring that both tech enthusiasts and everyday users can navigate the crypto payments world with ease.<\/p>\n

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With MetaMask\u2019s integration into Xion Global\u2019s web3 payment products, South African consumers will be able to connect their MetaMask wallets and perform once-off token approvals to enable 1-click web3 payments on any of Xion Pay\u2019s client apps.<\/p>\n

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According to a Consensys and YouGov global web3 perception survey<\/a> conducted earlier this year among a representative sample of over 15,000 people aged 15-64, which included 983 respondents from South Africa, the findings indicate that 21% of South Africans currently own cryptocurrencies, and 38% have had ownership of cryptocurrencies in the past. These statistics signal that South Africans are already embracing cryptocurrency and are well-prepared to take a leading role in the web3 evolution.<\/p>\n

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<\/a>Scan to Pay: Modernising Transactions<\/span><\/b><\/h2>\n

Central to this partnership is the integration with Scan to Pay<\/a>, powered by Ukheshe<\/a>. They are the largest QR ecosystem in South Africa that is used by more than 700,000 vendors, 14 banks and fintech companies and 94 payment service providers.<\/p>\n

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This means that whether you’re ordering online, grabbing a quick bite, or making a significant purchase, it’s as simple as scanning the QR code, choosing your connected MetaMask wallet, and clicking \u201cPay\u201d.<\/p>\n

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<\/a>One Click, Multiple Chains<\/span><\/b><\/h2>\n

Don\u2019t forget Xion Global’s 1-click payment solution, powered by their Cross-Chain Payments Protocol (CCPP). This ensures users can transact effortlessly across various blockchain networks with supporting AML\/KYT checks to prevent illicit funds entering the Xion ecosystem. But the innovation doesn’t end there. Xion Global is introducing a range of incentives for MetaMask users, from covering token approval gas costs to rolling out loyalty rewards and cashback offers. Every transaction is not just streamlined but also rewarding.<\/p>\n

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“Our mission at Xion Global is straightforward: to make every web3 payment as simple as a single click. Partnering with MetaMask, leveraging the robust infrastructure of Polygon Labs<\/a> and Scan to Pay\u2019s extensive user base, we’re turning this vision into reality,” shares Aeryn Quarmby – Co-Founder & COO at Xion Global.<\/p>\n

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“Thanks to the robust capabilities of the MetaMask SDK and developer APIs, we have seamlessly integrated the MetaMask wallet with Xion Global’s payment solutions. The MetaMask Provider API ensures a smooth and secure connection, enabling seamless interaction with the MetaMask wallet,” remarks Liz Mathew, Go-to-Market Lead at Consensys.<\/p>\n

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The Journey Ahead: MetaMask and Xion Global<\/b><\/p>\n

While the immediate goal is to revolutionise South Africa’s digital payment ecosystem, there are a series of integrations in the pipeline (e.g. Embedded MetaMask, Linea, the Consensys L2 solution) to roll out web3 payment solutions across African payment and financial service providers.<\/p>\n

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The synergy between MetaMask and Xion Global is a testament to what the future of finance in Africa could look like. It’s a world where the boundaries between traditional and digital finance are blurred, offering a seamless, integrated, and rewarding financial journey for both the web3 community and traditional users.<\/p>\n

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\u00a0 \u00a0 In today’s digital landscape, two prominent players are set to reshape the decentralised payments scene in South Africa: MetaMask and Xion Global. Their collaboration is not just a fusion of strengths; it’s a vision, a roadmap to the future of payments in South Africa. Web3 Payments in South Africa MetaMask (MM), globally recognised […]<\/p>\n","protected":false},"author":1,"featured_media":13859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":{"0":"post-13858","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"_links":{"self":[{"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/posts\/13858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/comments?post=13858"}],"version-history":[{"count":0,"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/posts\/13858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/media\/13859"}],"wp:attachment":[{"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/media?parent=13858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/categories?post=13858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/wp10\/wp-json\/wp\/v2\/tags?post=13858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}