Source: Tech Labari
Yellow Card and Coinbase, the leading U.S. cryptocurrency exchange, have partnered to expand and simplify access to USDC and digital assets in Africa.
Coinbase has integrated the new Yellow Card Widget, giving Coinbase Wallet customers access to Yellow Card’s extensive network of payment methods across 20 African countries in a partnership that will transform the accessibility and convenience of digital assets throughout Africa.
The Yellow Card Widget enhances Yellow Card’s existing Payments API, which already helps businesses provide their African customers with local currency transaction options.
With the addition of the Widget, businesses—such as Coinbase—can now offer a better experience for customers dealing with digital assets.
With the integration of the Yellow Card Widget, Coinbase Wallet customers in Africa will benefit from:
Convenient and Affordable Payment Methods: The integration will offer customers a range of convenient and cost-effective payment methods, including local bank transfers and mobile money, in their local currency.
Safe and Secure Transactions: The partnership ensures a secure environment for buying and selling virtual assets, enhancing trust and confidence among customers.
Enhanced Customer Experience: Yellow Card’s customers can expect an improved and streamlined experience, making digital asset transactions more user-friendly and efficient.
Quick and Easy KYC Process: The Know Your Customer (KYC) process will be expedited by Yellow Card’s expertise in onboarding customers across Africa, providing a swift and hassle-free onboarding experience for everyone.
Low Fees and Competitive Rates: Coinbase customers in Africa will enjoy the benefit of minimal transaction fees and favourable exchange rates when converting from their local currency into USDC and vice versa.
Additionally, as part of this partnership, Yellow Card customers will be able to transfer and receive USD Coin (USDC), the second-largest stablecoin by market cap, using Coinbase’s Base chain.
Source: Tech Labari