ZendBusiness Powers Faster Cross-Border Payments for Africa’s Global Trade - Wire Nigeria

ZendBusiness Powers Faster Cross-Border Payments for Africa’s Global Trade

30 November -0001

As African businesses deepen their footprint in international markets, sourcing...

ZendBusiness Powers Faster Cross-Border Payments for Africa’s Global Trade

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As African businesses deepen their footprint in international markets, sourcing goods from China, settling invoices with European partners, and building cross-continental supply chains, the demand for a fast, reliable, and compliant cross-border payment infrastructure has never been greater. <br />

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ZendWallet is answering that call with the launch of Zend Business, a platform that combines international payments and internal team operations in one place. <br />

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At the core of Zend Business is ZendFX, a cross-border payment engine that uses stablecoins (USDT and USDC) to move money across borders. Businesses can transact in major global currencies, including USD, EUR, GBP, and CAD, reaching suppliers and partners across more than 140 countries, including China, the United States, Vietnam, Hong Kong, and beyond. <br />

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ZendFX supports transactions ranging from $1,000 to $1,000,000 per transaction, making it a reliable choice for supplier payments, import settlements, and large-scale business operations. Payments typically settle within 24 to 72 business hours, with select corridors supporting instant settlement. <br />

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Key Platform Features <br />

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Multi-Currency Payments: Send and receive in USD, EUR, GBP, and CAD using USDT or USDC, with seamless in-built currency conversion. <br />

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Real-Time Payment Tracking: Monitor every transaction with live status updates from initiation through to successful settlement, failed attempts, or actions required. <br />

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Compliance Documentation: Download MT103 receipts as proof of payment and upload invoices directly for verification, streamlining documentation for international trade. <br />

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Team &amp; Operations Management: Add directors and team members, assign role-based permissions, and oversee all financial activities through a centralised dashboard, giving businesses full visibility and control. <br />

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“ZendFX addresses the payment challenges African businesses face by making stablecoin payments accessible and reliable. We built this platform because we believe that access to seamless inter...

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