Mercuryo, a Europe-based fintech company, has announced support for Apple Pay and Google Pay to achieve crypto currency purchases in Africa and beyond.
The company noted in a statement on Sunday that anyone with a smart phone device could now use its flagship widget service to convert fiat currency to digital assets in a few minutes.
It added that the Apple Pay and Google Pay option would also be available on partner crypto currency exchanges and wallets, including Binance, Bitfinex, Trust Wallet, and others, that had integrated the Mercuryo crypto widget.
The fintech company noted that Africa was an important region for Mercuryo, as 14 per cent of its total client base is located on the continent, with 10 per cent being from Nigeria.
It said it had identified the opportunity Africa’s crypto space presented to help locals and expand its business to a fast-growing market.
According to the fintech, since Bitcoin’s launch in 2009, Africans have been increasingly adopting crypto currencies to manage their funds and settle their payments more efficiently.
“With the mission to make crypto currencies more accessible for everyone on the globe, Mercuryo offers seamless fiat-to-crypto payment gateway services to both consumers and corporate clients,” the company said.
Mecuryo’s co-founder and Chief Operating Officer, Greg Waisman, said, “Seeing that the traditional banking system has left many of this region’s citizens unsatisfied, Mercuryo is glad to provide a new, better way for African citizens to efficiently manage their finances and settle transactions rapidly and seamlessly.