INTELLIGENT BRANDS // Software for Business
Callpay partners with Xion Global to boost Web3 payments in South Africa
Xion Global , a Web3 payments provider , announced a strategic partnership with Callpay , a major player in South Africa ’ s payments industry . This alliance aims to boost Web3 payment adoption in South Africa , blending Xion ’ s innovative technology with Callpay ’ s strong market presence .
This partnership broadens payment options for customers , providing the convenience of Xion ’ s one-click crypto checkout that combines ease of use with cost savings , enabling quick , secure transactions .
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 customised payment options , all while reducing fraud risk and enjoying quicker settlement of payments .
The partnership between Xion Global and Callpay is set to transform South Africa ’ s payments landscape by integrating Xion ’ s Web3 technology with Callpay ’ 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 .
Additionally , Xion Global will be utilising 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 multichain payments and cashback rewards .
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 .
“ This partnership is a significant step forward for Callpay as we continue to expand our market playership ,” said Arthur Peace , CEO of Callpay . “ Xion ’ s technology will be invaluable in helping us reach new customers and deliver the best possible Web3 payment experiences to them .
Key statistics :
• It is estimated that over 6 million people , 10 % of South Africa ’ s total population , currently own cryptocurrency .
Arthur Peace , CEO Callpay
• 81 % of South African crypto respondents agree that businesses would stand to benefit from adopting cryptocurrency payments .
• 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 .
• 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 .
Callpay is a payment solution provider for merchants in South Africa . The company offers a variety of payment products , including EFTsecure , Express Pay by Link , Callpay Agent Request , Direct Card Payments , and Callpay Agent Assist .
Callpay is committed to providing secure and reliable payment solutions for its customers . The company is PCI-DSS Level 1 certified , which is the highest level of certification available and is a trusted partner for many South African businesses , including some of the country ’ s largest enterprises . p
www . intelligentcio . com INTELLIGENTCIO AFRICA 63