About PayFi
PayFi is a stablecoin infrastructure software from PayFi designed for global trade. It combines multi-currency transfers, conversion capabilities, and bridging functionalities to facilitate modern payment methods. This platform allows businesses to move money efficiently across borders using a single API, enabling quick onboarding and instant settlement. PayFi's infrastructure supports various cryptocurrencies, allowing users to transfer value smoothly across different chains. Additionally, its programmability ensures that once businesses set up their payment processes, they can easily send value anywhere without the need for multiple integrations. Key capabilities: multi-currency transfers instant settlement cross-border transactions quick onboarding API integration Best for: businesses and organizations that need efficient payment solutions for global trade activities.
Payfi (Payment Finance) is a specialized Nigerian fintech focusing on Product Financing and Web3 Payments. In 2026, it is a key player in the "Time Value of Money" space, allowing users to unlock future income for present purchases. It specifically targets salary earners and NYSC members, providing them with a structured way to buy essential appliances and electronics through interest-bearing installments.
Pros & Cons
- +Makes expensive home appliances accessible to mid-income earners without a lump-sum payment.
- +One of the few platforms bridging the gap between traditional retail finance and decentralized finance (DeFi).
- +Clear visibility into future cash flows and repayment schedules through the mobile app.
- −Requires extensive documentation, including 6 months of bank statements and work IDs.
- −Currently optimized strictly for the Nigerian regulatory and banking environment.
- −Unlike pure BNPL, product financing through Payfi often carries interest or service fees that add to the total cost.
Features
Key features
- Salary-Linked Financing
- Allows employees earning a minimum of ₦70,000 to buy products with a 25% down payment.
- Web3/PayFi Integration
- Uses blockchain-based protocols to facilitate near-instant settlement for cross-border business payments.
- Creator Monetization
- Enables content creators to "cash out" future projected revenue early to fund current production costs.
Additional features
- 3–6 Month Repayment Plans
- Flexible windows for settling balances on high-value electronics.
- Digital Asset-Backed Cards
- Corporate cards for businesses that use pledged crypto-assets as collateral for spending.
- Real-Time Settlement (DeFi)
- Uses yield-generating stablecoins to process payments 24/7 without banking hours.
- BVN & NIN Verification
- Deep integration with Nigerian identity databases for secure, fraud-free onboarding.
- Direct Merchant Partnership
- Integrates directly with retailers like "Buytins" for a seamless checkout experience.
- Automated Debit Mandates
- Direct integration with user bank accounts to ensure timely repayment collections.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About PayFi
PayFi is a stablecoin infrastructure software from PayFi designed for global trade. It combines multi-currency transfers, conversion capabilities, and bridging functionalities to facilitate modern payment methods. This platform allows businesses to move money efficiently across borders using a single API, enabling quick onboarding and instant settlement. PayFi's infrastructure supports various cryptocurrencies, allowing users to transfer value smoothly across different chains. Additionally, its programmability ensures that once businesses set up their payment processes, they can easily send value anywhere without the need for multiple integrations. Key capabilities: multi-currency transfers instant settlement cross-border transactions quick onboarding API integration Best for: businesses and organizations that need efficient payment solutions for global trade activities.
PayFi Details
PayFi's In-App Market Place
Does PayFi have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
CAD
Pros & Cons
- Makes expensive home appliances accessible to mid-income earners without a lump-sum payment.
- One of the few platforms bridging the gap between traditional retail finance and decentralized finance (DeFi).
- Clear visibility into future cash flows and repayment schedules through the mobile app.
- Requires extensive documentation, including 6 months of bank statements and work IDs.
- Currently optimized strictly for the Nigerian regulatory and banking environment.
- Unlike pure BNPL, product financing through Payfi often carries interest or service fees that add to the total cost.
PayFi's Support Options
PayFi's Alternatives
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