Thursday
August 29
2024

Stripe to Soon Allow US Retailers to Sell Directly to Nigerians

By Benjamin Dada

Stripe is set to allow its customers (merchants) to seamlessly collect payments in Nigeria using local payment methods in naira. For its merchants, Stripe will settle them in their home currency.

For instance, if a US retailer Amazoon* offers services to Nigerians, the Nigerian shopper can pay in Naira while Stripe will settle Amazoon in USD.

Photo courtesy of Pexels.

Source: Benjamin Dada (link opens in a new window)

Categories
Finance, Technology
Tags
digital finance, digital payments, Digital Public Infrastructure, fintech