An FX platform for African individuals and businesses to buy, sell, and swap currencies, access live rates, and run local and cross-border B2B settlements.

ParkPay Product Overview

Is ParkPay Right for You?

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Best For

  • Nigerian importers
  • Nigerian exporters

What It Does Well

  • Buy and sell currencies
  • Swap between currencies

Things to Check

  • Supported currencies
  • Settlement speed

About ParkPay

Screenshot of ParkPay website

ParkPay is a fintech foreign exchange (FX) platform for individuals and businesses in Africa that need to trade currencies and move money internationally.

Key capabilities include:

  • Trading services (buy, sell, swap): Supports exchanging fiat and digital currencies with competitive pricing and narrow spreads across multiple trading pairs.
  • Live FX rates: Provides real-time rates to help users price conversions and track currency movements before making transfers or trades.
  • B2B payments: Automates local and cross-border settlements designed for cost-effective, accurate, fast, and secure business payments.
  • Compliance services (KYC APIs): Offers access to identity verification APIs to help businesses verify government-issued documents and reduce customer risk.

Available on Web (app.theparkpay.com, onboarding.theparkpay.com).

Built for B2B and B2C use cases, it serves businesses managing FX payments and compliance workflows, and individuals handling personal FX transfers and currency exchanges.

It is notable for its focus on licensed and regulated forex transfers, plus operational support for moving foreign currency from Nigeria to destinations including the USA, Canada, UK, Europe, China, Japan, Asia, as well as Ghana and Kenya.

ParkPay Facts

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Frequently Asked Questions About ParkPay

ParkPay is a finance platform offering competitive exchange rates, narrow spreads for trading pairs, and low transaction fees for transfers. It works by providing transparent pricing and efficient and hassle-free transfers to help users maximize returns.

ParkPay is a globally accessible financial technology and mobility service with a strong operational presence across Nigeria, the United States, Canada, and various international locations.

Yes, ParkPay has mobile applications available for both major platforms, allowing users to register cars and manage payments.

ParkPay is designed for businesses and individuals in Africa requiring a secure, fast, and compliant fintech platform for cross-border B2B payments, foreign exchange, and real-time currency conversions

You can contact ParkPay support by sending an email to info@theparkpay.com, using the in-app support feature, or calling their support line at +234 705 939 4971.

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