Inefficient, lengthy settlement process interferes with cash flow
High transaction fees take a significant bite out of company assets
Local fiat currency restricts access to a wider global audience,limiting scalability
High cost of equipment for a regular payment gateway increases fixed capital
Limited or no access to traditional banking systems and/or microcredit, resulting in financial exclusion
Week fiat currency stifles purchasing power
Remittances from outside involve expensive money transfer services
Inconvenience of authorization requirements and long wait periods
Currency Manipulation &
authorities and governments.
Week Local Fiat Currencies
volatitle and constantly
High Transaction Costs Even With Altcoins
Which is why bitcoin and other cryptocurrencies have been struggling with financial inclusion despite speed and ease of use.
Evils of Cash Transactions
Inefficient, insecure transfers
with opaque ledgers.
Empowering Both Merchants & Shoppers in Africa
Reduced Transaction Costs
With fewer intermediaries involved, merchants can maximize Revenue.
Offers & Rewards
Shoppers are privy to a range of exclusive deals and rewards while enjoying the benefits of online shopping at home.
Increased Purchasing Power
Due to increased savings, both merchants and shoppers are left with more in-hand currency.
For borderless, cashless, secure payments made in the cryptocurrency Oduwa Coin that can be settled in local currencies.
Innovative, Low-Cost & Socially Progressive
Helping Africa’s Fintech Revolution With Seamless Digital Currency Payments
OduwaPay: Easier Payments &
Digital Money Transfers for Africa
Get Oduwa Coin and settle all your transactions with OduwaPay eWallet!
OduwaPay is an innovative digital solution
for merchants and users of Oduwa coin to buy and
sell goods and services through low-cost, safe,
and efficient transactions.
FASTER | SECURE | RELIABLE | EFFICIENT
Cross-Border, Cashless Payments
Store, Spend & Receive Oduwa Coins
Conversion to Local Fiat Currencies
Not just convenience - a lot more!
The likelihood of theft with digital currencies is a lot lower than with physical cash. In fact, cryptocurrency transfers cannot be reversed, one of its safeguards against fraud.
ODUWA’s blockchain ledger allows for better traceability of funds. It verifies the authenticity of each transaction and prevents double counting.
The OduwaPay mobile app handles everything for you.OduwaPay supports conversions to most local currencies around the world.
OduwaPay is designed to tackle the common cons of non-crypto digital payments
Less Prone to Hacking
OduwaPay is built with multiple layers of authentication and high levels of encryption. User security is our # 1 priority.
Oduwa Coins can be used as a store of value resource. This is of critical importance to African countries that have high inflation rates.
No Fees & No Overspending
OduwaPay has low transaction fees. You can move funds at your convenience and avoid overspending.
Merchants on OduwaPay have a new cost-friendly,convenient solution
Merchants Have It Easy
OduwaPay offers financial services to local and international merchants within the Oduwa Coin Network to boost mass adoption.
Merchants partner with OduwaPay at www.oduwapay.com. They first open a merchant account and accept the terms of business.
Merchants receive payments once all the transactions have been approved in the local currency.
Merchants are charged a per-transaction fee and a monthly fee.
Well-known businesses are accepting Cryptocurrencies
The OduwaPay Blockchain Wallet is positioning itself to be the No. 1 digital payment app for ODUWA COIN cryptocurrency.
The COVID-19 Pandemic Has Created a Greater Need for Digital Currency
As people avoid excessive use of fiat currency, OduwaPay brings a fresh and unique solution to the world of Fintech.
Oduwa Coins Are Almost Non-Volatile
The greatest concern around cryptocurrencies is high volatility when measured against local fiat currencies.
OduwaPay fights constant fluctuations by integrating stable (OWDT) COINS into the ecosystem to back Oduwa Coin.
OduwaUSD stable coin is a part of the Oduwa Blockchain integration designed to solve volatility-related problems that merchants face using cryptocurrencies like bitcoin, while still offering many of the benefits (instant processing, secure payments, etc.).
OduwaPay guarantees merchants receiving payments with owc, are equivalent to the fiat currency listed at the tiime of checkout, all possible due to converting to OWDT stable coins.
Cryptocurrencies have tax liabilities like fiat money.
Oduwa Coins do not exempt you from Income Tax Responsibility
For federal tax purposes, virtual currency is treated as property and not as currency, implying that general tax principles that apply to properties will also apply to virtual currencies.
Any business considering accepting payments in Oduwa Coin will need to keep comprehensive records of its transactions, and be aware of the tax implications.
Merchants that solely accept payments in cryptocurrency are likely not subject to these rules and licensing/registration obligations.
Advantages of Oduwa Wallet
Analogous to wire transfers
Recorded on blockchain
P2P with no intermediary
Low transaction costs
Protection against fraud
A Revolutionary App for Better Financial Integration in Africa.
Helping struggling merchants connect with underserved populations