Question 1

What is Kotani Pay and how does it work?

Accepted Answer

Kotani Pay is a blockchain-based platform that connects Web3 users to local currencies across Africa. It enables users to convert between cryptocurrencies (like stablecoins) and local fiat currencies using feature phones without requiring internet connectivity, leveraging USSD technology. The platform uses an Automatic Market Maker algorithm with liquidity pools to facilitate these conversions at low costs.

Question 2

How much does Kotani Pay cost?

Accepted Answer

Kotani Pay charges an interchange fee of approximately 1% of gross transaction volumes. Transaction fees are distributed to liquidity providers in the network based on their share of the pool.

Question 3

What countries does Kotani Pay operate in?

Accepted Answer

Kotani Pay currently operates in Kenya, Ghana, Tanzania, and South Africa.

Question 4

Who is Kotani Pay best suited for?

Accepted Answer

Kotani Pay is best suited for businesses needing affordable cross-border payment solutions, crypto platforms requiring fiat conversion, and underbanked individuals in Africa who want to access blockchain services via basic mobile phones without internet.

Question 5

How do I contact Kotani Pay support?

Accepted Answer

Send an email to hello@kotanipay.com for support.

Question 6

Does Kotani Pay have a plan for teams or businesses?

Accepted Answer

Yes, Kotani Pay offers B2B solutions including stablecoin settlement, blockchain-powered APIs to connect DApps and wallets to local payment channels, and white-label API services for businesses.

Question 7

Does Kotani Pay offer an API or integrations?

Accepted Answer

Yes, Kotani Pay offers a public API. View the official Kotanipay API documentation for endpoints, authentication, and integration guides.

Question 8

What popular product is Kotani Pay an African alternative to?

Accepted Answer

Kotani Pay is an African-built alternative to BVNK.

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