In Africa, with a population exceeding 1.4 billion people, the continent faces a unique dichotomy: it is a global leader in domestic mobile money innovation, yet its foundational infrastructure for cross-border transactions remains severely broken.

This systemic failure, rooted in a reliance on antiquated correspondent banking networks and fragmented local systems, creates the deep-seated pain point that platforms like Nedapay are engineered to solve.

The consequences of this broken system disproportionately fall on Small and Medium-sized Enterprises (SMEs), which constitute over 80% of businesses in many African economies.

These businesses are structurally blocked from global scaling due to three core, friction-heavy areas:

The most immediate and painful barrier is the cost of moving money internationally. Traditional cross-border and even regional payments rely on complex correspondent banking networks that require multiple intermediaries, each extracting a toll.

• High Cost: These international transactions often incur fees ranging from a staggering 7% to 9% of the total transaction value.

• Impact: These charges act as a substantial tax on trade, cutting deeply into the already thin profit margins of SMEs and significantly surpassing the UN's Sustainable Development Goal target of 3%. This high friction discourages small merchants from accessing lucrative international markets.

While money can be transferred instantaneously within a country using mobile money, the global system is characterised by profound delay. Transactions must often be routed inefficiently through intermediary banks outside the continent, incurring multiple delays due to sequential message exchanges and manual processing.

• Delay: Payments can take several days to fully clear, with some corridors seeing delays of up to a week.

• Impact: This lack of predictability makes essential cash flow management nearly impossible for small merchants who operate on narrow margins. It strains supplier relationships, prevents timely inventory restocking, and leads to missed market opportunities, fundamentally limiting the velocity of regional commerce.

Africa’s diverse financial landscape, defined by over 40 currencies, lacks the seamless interoperability required for efficient trade.

• Volatility Risk: Local currencies frequently experience significant fluctuations against major global currencies (like the USD). This means the actual value of a payment can decrease substantially between the time it is sent and the time it is settled, introducing unpredictable risk to cross-border trade.

• Hidden Costs: Businesses also incur additional hidden expenses through foreign exchange (FX) markups and spreads levied by intermediary banks during the multiple currency conversions required by the legacy systems, further increasing the effective cost of the transaction beyond the stated fees.

This combination of high friction, high cost, and low predictability necessitates a technological shift toward decentralized infrastructure that can deliver instant, low-cost, and stable value transfer, a need that projects like Nedapay are directly addressing by leveraging the blockchain.

Nedapay is a frictionless payment platform that allows merchants and creators to receive payments in local stablecoins, instantly, affordably, and globally.

It represents the future of commerce by abstracting away the complexity of the underlying blockchain technology, providing a fast, familiar, and highly reliable experience.

The goal is simple yet transformative: to bring global digital money into local, everyday use.

The Complete Onchain Financial Toolkit

Nedapay functions as an all-in-one financial toolkit, designed to empower businesses operating in both online and offline commerce. It places immediate control and comprehensive visibility into the hands of the merchant:

Generate Payment Tools: Effortlessly create payment links, invoices, and QR codes for any transaction scenario.

Receive Payments Instantly: Accept stablecoin payments from anywhere in the world, with funds reflecting on the merchant dashboard immediately, eliminating waiting and holds.

Manage and Swap Funds: Instantly swap stablecoins into preferred tokens or assets.

Access Local Liquidity: Seamlessly withdraw earnings directly to local banks or mobile wallets, closing the crucial gap between global crypto and local fiat liquidity.

Track Performance: Maintain a clear overview by tracking growth, performance, and transaction activity in real-time.

Nedapay streamlines the entire payment lifecycle into a process designed for maximum speed and minimal friction:

Getting started requires no technical knowledge. Users can onboard quickly via a familiar path:

• Email/Social Login: For immediate social access.

• Connect an Existing Crypto Wallet: For decentralized ecosystem users.

Merchants have flexibility in how they request payment:

• Use Payment Links for online sharing.

• Display QR Codes for physical point-of-sale.

• Issue full, detailed Invoices.

The platform delivers on its promise of speed. Payments arrive and settle on the dashboard instantly, providing the seller with immediate confirmation and access to funds.

Merchants gain immediate control over their earnings: they can choose to swap their stablecoins for other assets or withdraw funds directly to a local bank or mobile money account for immediate real-world utility.

Nedapay is built to be robust and reliable for the high-volume micro-transactions common in African markets. It achieves this by leveraging the power of its underlying technology:

• Built on Base: By integrating with Base, the Ethereum Layer 2 network incubated by Coinbase, Nedapay offers ultra-low transaction costs, high-speed processing, and Ethereum-grade security.

• Onchain Transparency: All transactions are processed onchain, providing users with real-time visibility, immutable records, and clear audit trails, a level of transparency that is essential for building trust and reliability in digital finance.

Nedapay’s selection as a Top 12 Finalist in the rigorous Base Batches 002 Startup Track is the ultimate validation of its model and its readiness to scale globally. This recognition is a clear signal that the market is into real-world solutions that address financial friction.

This achievement powerfully highlights three key trends:

• The rising demand for practical, onchain merchant tools that directly simplify complex business operations.

• The strategic importance of stablecoin infrastructure in emerging markets, providing necessary stability and efficiency.

• Africa’s growing influence in shaping the future of global blockchain innovation by driving solutions from the ground up.

Nedapay is a central part of a new wave of infrastructure builders dedicated to bringing real-world utility to Web3. It is fundamentally redefining how merchants across the entire continent receive, manage, and move money.

By seamlessly integrating stablecoins, robust blockchain rails (like Base), and local financial systems into a single platform, Nedapay offers a tangible solution to Africa’s most persistent cross-border payment challenges.

To begin utilizing instant, low-cost stablecoin payments, visit Nedapay today: https://t.co/bOy1G0QZoZ

Nedapay’s Journey to Becoming East Africa’s Top 12 Finalist at Base Batches 2

Building the Future of Commerce on Base L2