ShamwariPay is a cutting-edge digital payments platform that leverages blockchain technology to transform the way money transfers and payments are conducted in Africa. It offers a secure, efficient, and scalable platform for financial transactions, empowering individuals and businesses with greater control over their finances. With a comprehensive suite of financial services, intuitive user interface, and robust security features, ShamwariPay is poised to revolutionize the financial landscape in Africa.
Users can send, receive multimedia messages as well as attach them to trannsactions. Messages can either be plain or encrypted.
Accounts can be setup to execute pre-programmed transactions based on other transactions or to initiate other transactions.
Accounts can be configured to allow for multi-party control or be operated under transaction restrictions.
Users can assign custom addresses to their accounts with which they can be identified or referenced.
Relevant public information can be added to an account's front page for identification and interactive usage.
These are hard-coded smart contracts executed by the system based on each transaction's parameters.
ShamwariPay's innovative fee and transaction prcessing systems ensure affordability, transparency and convenience. Transaction fees are dependent on the fee market, transaction type, and transaction size.
As little as:
USD$ 0.10 span>per Transaction
Up to
Transactions per Second
Fees on ShamwariPay are flexible and dependent on the market rates on offer by active transaction processors on the network.
Transaction processors offer the service through publishing their preferred minimum fee amount charged for processing a transaction and the cheapest rate determines the minimum attached fees required for a transaction to be processed.
The fees ultimately paid for a transaction are determined by the fee amount attached to the transaction by the submitting account based on the fee market.
If the attached fees are equal to or greater than the least advertised fee on the market, the transaction is then processed for entry into the blockchain's distributed ledger and broadcast across the network.
Fast transaction processing facilitated by a throughput of 1000tps for swift and seamless services.
Access to a suite of services from a single platform for better financial management.
Secure accounts through private key access and regulatory compliant transactions through robust identity verification, user permissioning.
Seamless integration of the ShamwariPay with external systems and applications through a readily available public API for a smooth user experience.
Reliability inherited from the underlying distributed network ensures a near 99.9% up-time with little to no disruption to service
Cheaper transaction fees thanks to an innovative open-market fee system.
Scalable and energy-efficient technology which promotes sustainability and has limited environmental impact.
Innovative solutions addressing the needs of both the banked and unbanked thereby promoting financial inclusion and self-empowerment
Superior convenience and accessibility compared to traditional banking systems.
Regulatory compliance and use of decentralized infrastructure reduces the risk of legal and regulatory challenges.
Potential partnerships with banks, fintech companies, and merchants expands ShamwariPay's reach and user base.