Sesacash, an African digital finance and payment platform, on April 14, 2020, announced its collaboration with CryptoLocally, a p2p crypto trading platform, to resolve the issues related to the financial inequities.
The CEO and Co-founder of Sesacash, Blaise Bayuo, has stated that now it would be easy for the Africans to process the cross-border payment fastly through cryptocurrencies and it would be cheap too.
Sesacash To Launch Debit Card
Most people around the world are afraid of switching from fiat to digital asset because of its inherent complexity which has become an obstacle in the adoption of cryptocurrency.
The CEO of Sesacash has mentioned that the firm has been planning to introduce a new debit card for the users so they could trade cryptos with a familiar medium. Bayuo further stated, “This will reduce the complexities involved in crypto transactions using exchanges and wallets that involve private keys. Users can spend and pay for goods and services directly from their crypto debit card”.
Bayuo added that the firm would also organize a session for the corporate sector to make them aware of the use of cryptocurrency. Sesacash would also demonstrate the firms that with the help of cryptocurrency they could expand their business outside the country too.
Crypto Wallet Integrated Into Sesacash App
Currently, the African digital finance and payment platform has been working on a full-fledged crypto wallet which would be linked to Sesacash app.
A report suggests that neither government nor fiat money or the cryptocurrencies goes very well together. In some countries, the government partially allows the trading of cryptos while in the other countries the authority is trying hard to ban it. But, Sesacash is hoping that cryptocurrencies would have a bright future in Africa.
Bayuo added that a few days back the government of Ghana has declared that it has been planning to introduce the country’s own digital currency with the help the of other African government.
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