HONG KONG, July 11, 2025 /PRNewswire/ — AEON, the following technology crypto cost framework, is happy to announce the growth of its Web3 cell cost answer, AEON Pay, into Nigeria. AEON Pay now helps native financial institution switch in Nigeria on its Telegram miniapp and dApps, unlocking seamless Web3-powered crypto cost via direct service provider financial institution transfers.
With this new integration, Nigerian customers can now store at collaborating retailers, enter an quantity in Naira (NGN), and select their most well-liked crypto and pockets to finish the cost. AEON Pay robotically handles the asset conversion and initiates a neighborhood financial institution switch to the service provider—providing a person expertise that blends the ability of crypto with the familiarity of cell banking.
This function is appropriate with all banks supported by the Nigeria Inter-Financial institution Settlement System (NIBSS), a central monetary infrastructure establishment that facilitates interbank settlements and digital funds throughout Nigeria, guaranteeing nationwide protection and dependable native settlement, which marks a big milestone in enabling real-world crypto utilities via native cost infrastructure.
Why Financial institution Transfers in Nigeria?
Financial institution transfers are one of the trusted and extensively used cost strategies in Nigeria. In keeping with NIBSS, financial institution transfers accounted for over 70% of all digital funds within the nation in 2023, overtaking card funds and cell cash. With tens of millions of Nigerians counting on financial institution accounts as their major cost rail, integrating this method was important to fulfill native person habits and expectations.
By tapping into the present financial institution infrastructure via NIBSS, AEON Pay makes crypto really feel as intuitive as money. Whether or not purchasing, eating, or accessing native providers, customers can now expertise real-world crypto utility in a well-known and accessible manner.
AEON’s Growth into Africa
This launch alerts AEON’s official entry into Africa, a area with quickly rising crypto adoption and robust demand for sensible utility. Nigeria, sometimes called Africa’s crypto hub, constantly ranks among the many high nations for crypto utilization globally (Chainalysis, 2023). The nation’s mixture of digital-savvy youth, mobile-first infrastructure, and underbanked populations makes it a key entry level for significant Web3 utility.
AEON’s mission to convey crypto into day by day life now extends past Asia, with LATAM integrations additionally on the horizon. By adapting to native monetary rails like financial institution transfers in Nigeria, AEON ensures its know-how stays each progressive and inclusive.
A Seamless Web3 Cell Fee Expertise
AEON Pay, the Web3 cell cost product by AEON, is accessible via Telegram MiniApps, main pockets dApps, and widespread crypto alternate platforms. Already accessible throughout 20 million+ retailers and 10,000+ international manufacturers in Southeast Asia, together with McDonald’s, Pizza Hut, and UNIQLO, AEON Pay brings scan-to-pay and bank-transfer cost flows into the arms of crypto customers.
The newly added Nigeria financial institution cost choice is totally built-in into this stream, permitting for:
- Spend crypto immediately in NGN: Actual-time NGN value enter, no must money out manually or use centralized exchanges.
- Help native retailers: From small outlets to giant companies, funds go straight and prompt to Nigerian financial institution accounts.
- Acquainted UX, powered by Web3: Customers take pleasure in the advantages of crypto with the intuitive simplicity of coming into a neighborhood quantity and confirming with a pockets.
- Entry by way of Telegram, wallets & exchanges: AEON Pay is constructed the place customers already are.
AEON is dedicated to constructing a very international crypto cost community that adapts to real-world person habits and meets individuals the place they’re. By integrating native cost strategies like financial institution transfers in Nigeria, AEON bridges the hole between decentralized finance and on a regular basis commerce. This launch marks an entry into a brand new market, and likewise displays AEON’s broader mission to make crypto sensible, accessible, and usable within the day by day lives of individuals all over the world. From Asia to Africa and shortly to Latin America, AEON is laying the inspiration for a future the place crypto funds are as simple and intuitive as any native cost technique.
About AEON
AEON is the next-generation crypto cost framework, constructed for AI to drive clever, automated funds throughout Web3 and simplify how crypto works in actual life. With omni-chain assist, AEON’s AI Funds system permits clever brokers to handle and automate transactions, funds, subscriptions, and remittances for customers.
With choices like Web3 Cell Fee that permits customers to pay with crypto throughout 10,000 manufacturers at 20+ million retail retailers in SEA, Africa and Latin America, On-line Web3 Fee, Swap Pay, and a rising suite of AI-integrated cost providers, AEON goals to create a way forward for crypto finance that’s clever, scalable, and borderless, the place AI meets actual life via seamless, scalable funds for subsequent billion of customers.
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