{"id":58668,"date":"2024-05-21T18:18:45","date_gmt":"2024-05-21T18:18:45","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/?p=58668"},"modified":"2024-05-21T18:14:21","modified_gmt":"2024-05-21T18:14:21","slug":"tbd-spreads-in-africa-with-chipper-cash","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash","title":{"rendered":"TBD Spreads in Africa with Chipper Cash"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>TBD, part of Block, which is focused on creating open and decentralized technologies to connect the financial world, announces that leading African fintech Chipper Cash has integrated with the tbDEX protocol to power cross border payments and decentralized identity use cases for individuals and businesses on the African continent.<\/b><\/p>\n

\u201cAcross Africa, the challenges of currency liquidity and access to global financial systems are palpable,\u201d said Mike Brock, CEO of TBD. \u201cFor these reasons, we are laser focused on building out the tbDEX ecosystem in Africa, which already includes Yellowcard, the largest and only licensed stablecoin on\/off ramp on the African continent. Fast on the heels of our tbDEX SDK 1.0 release, adding Chipper Cash to our growing network will help to accelerate our work on global cross border payments and decentralized identity.\u201d<\/p>\n

Chipper Cash extends the power of tbDEX across Africa <\/b><\/p>\n

As one of the largest fintechs in Africa, Chipper Cash already allows 5 million consumers to move money efficiently to over 21 African countries. And with over 1.2 million cards issued, Chipper\u2019s integration represents the onboarding of one of the largest virtual card issuers in Africa.<\/p>\n

\u201cAt Chipper Cash, we\u2019re excited about the potential of tbDEX to revolutionize remittance flows into Africa,\u201d said Maijid Moujaled, President and Co-Founder of Chipper Cash. \u201cRemittances are a lifeline for many African families, but the costs of sending money to the continent remain among the highest globally. By plugging into an open protocol like tbDEX with numerous network participants, we believe we can, collectively as an industry, drive down these high costs and facilitate remittances in a more efficient, transparent, and compliant manner.\u201d<\/p>\n

Accelerating the path to financial inclusion for small businesses<\/b><\/p>\n

While the initial collaboration will focus on enabling faster and less expensive consumer remittances, the two companies will also explore ways to empower small businesses. Chipper\u2019s offerings for businesses already enable local and cross-border digital payments for underbanked SMEs across 40 different African countries, powering disbursements and collections from bank accounts, mobile money wallets and Chipper wallets.<\/p>\n

Leveraging verifiable credentials and decentralized identifiers to enable trust<\/b><\/p>\n

Chipper Cash will also leverage tbDEX to unlock trusted, compliant transactions with verifiable credentials (VCs) and decentralized identifiers (DIDs) in order toaccelerate the onboarding and identity verification of consumers and small businesses.<\/p>\n

\u201cChipper is also excited to collaborate with TBD on the trust frameworks and innovative credential designs that underpin every financial transaction on tbDEX,\u201d Moujaledsaid. \u201cThe idea that we can have a standardized and streamlined way to verify our identity on the internet can help make the world feel a bit more inclusive.\u201d<\/p>\n

For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Gambia. TBD, part of Block, which is focused on creating open and decentralized technologies to connect the financial world, announces that leading African fintech Chipper Cash has integrated with the tbDEX protocol to power cross border payments and decentralized identity use cases for individuals and businesses on the African continent. \u201cAcross Africa, the […]<\/p>\n","protected":false},"author":84,"featured_media":58667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[2355,2361,260],"class_list":["post-58668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"\nTBD Spreads in Africa with Chipper Cash - Gambia<\/title>\n<meta name=\"description\" content=\"TBD, part of Block, which is focused on creating open and decentralized technologies to connect the financial world, ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TBD Spreads in Africa with Chipper Cash\" \/>\n<meta property=\"og:description\" content=\"TBD, part of Block, which is focused on creating open and decentralized technologies to connect the financial world, ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-21T18:18:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/05\/sm_1716302055.765745.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"TBD Spreads in Africa with Chipper Cash\",\"datePublished\":\"2024-05-21T18:18:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash\"},\"wordCount\":447,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/05\/sm_1716302055.765745.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/tbd-spreads-in-africa-with-chipper-cash\",\"name\":\"TBD Spreads in Africa with Chipper Cash - 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