In a strategic move to bridge blockchain innovation with real-world utility, AEON has officially launched its Web3 mobile payment solution in Nigeria. This rollout marks AEON’s debut into Africa, starting with a unique integration into the Nigeria Inter‑Bank Settlement System (NIBSS), allowing crypto users to pay merchants directly in Naira (NGN) via bank transfer.
With AEON Pay now embedded in Telegram mini-apps and select decentralized applications (dApps), users can select a payment amount in Naira, choose their cryptocurrency and wallet, and AEON handles the real-time conversion, transferring the equivalent value straight to the merchant’s bank account. This eliminates the need for third-party exchanges or withdrawals, making crypto feel as native as traditional cash transfers.
The innovation aligns perfectly with local behaviour: over 70% of Nigeria’s digital transactions in 2023 were completed via bank transfers. AEON’s system taps directly into this trusted payment flow, aiming to make Web3 accessible, practical, and youth-friendly across Nigeria. As the country continues to lead Africa in crypto adoption, AEON’s launch is poised to empower merchants and consumers with a faster, decentralized way to transact in everyday life.
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