FXKUDI is powering African businesses with borderless monetary transactions

It’s no longer news that Financial Technology (FinTech) companies are vastly disrupting the banking industry with several mobile money services launched on a regular basis in Africa.

Despite the massive launch of these services, they all serve almost the same purposes. But FXKUDI has come to solve unresolved issues pertaining to monetary transactions in Africa.

FXKUDI have taken the mantle to support African businesses in receiving payments from customers all over the world starting from Ghana, and Nigeria. 

You’ll agree that the biggest challenge faced by African businesses, especially those who are into e-commerce, is the problem of borderless payment processing. That is, accepting payment from customers who are in other countries.

According to the International Trade Center (ITC), “Receiving international payments is a key part of a trade, whether online or offline and these restrictions of borderless transactions are not the result of government policy or company weakness but are decided by private owners of e-marketplaces and payment platforms, who determine transaction risks.

This is the major challenge that FXKUDI has set a motion to serve African small and medium enterprises.

FXKUDI is a fast-growing African B2B and B2C FinTech Company with a client-focused and result-driven approach to providing seamless and stress-free monetary transactions such as sending and receiving money, payment of bills such as airtime and DSTV subscription. 

During its launch in February 2020, the Fintech company unveiled how to transfer and receive money within Ghana and Nigeria using their website or mobile app. The company also provides a virtual credit card called FXKudi Card that allows you to shop on your favourite sites like Amazon, Netflix, Apple Stores, Jumia, Konga and lots more. 

As part of their new product launch in May, FXkudi has launched another mind-blowing service that allows Small and Medium Enterprises to Accept payments from their customers.

One of their representatives, Abioye Oyetunji said “Part of our mission is to power businesses in Africa. We want to support small and medium enterprises in Africa by helping them accept payment from their customers anywhere in the world”.

FXKudi as a startup is already connected with Nigerian and Ghanaian entrepreneurs, businesses, and individuals who send and receives money between the two countries. However, not only between the two countries, according to the company, they are ready to expand and serve other African markets as disclosed by Abioye.

He added that “our mission is to give people the power to pay a reality and to truly serve the African people’s payment needs”. 

Situations where foreign students in Ghana are having difficulties receiving money for their upkeep or other school-related fees, the company has taken the mandate to make life easy by making things simple for people, and that’s not difficult to do”.

“We have made it possible for our users to send and receive money into their mobile money wallets, especially in Ghana where over 58% of its population now use mobile. This is to ensure we do not leave anyone out as we look to serve the banked and unbanked in Africa.”

“For Nigeria, receiving money our FXKudi online money transfer is easily sent into the receiver’s bank account.

“We are on a mission to give Africans access to borderless money transfer and power to pay.”

Visit FXKUDI today at www.fxkudi.com