EquiPay

Empowering the Global South with instant QR/URL payments in cKES, cREAL, PUSO, and more!!!
EquiPay is A Celo-powered DeFi mini-app for instant, low-cost, cashless payments in the Global South (LATAM, Africa, and Southeast Asia).

EquiPay empowers merchants in the Global South to accept instant QR-based and URL-based stablecoin payments and offer instant digital money to cash withdrawals.

Mission:
Empower unbanked and underbanked communities in the Global South and beyond with equitable access to payments, enabling local commerce and financial stability.

Impact:

• Inclusion: Lowers barriers to entry for digital finance thanks to MiniPay integration and sub‑cent transaction costs.
• Decentralization: Leverages Mento stablecoins and Mento liquidity pools, for decentralized currency swapping at the best rates and quick.

**Limited Payment/Banking Options: **
+1.4 billion adults are un(der)banked, concentrated in LATAM, Sub-Saharan Africa, and Southeast Asia. They are excluded due to high fees, lack of identity infrastructure, and volatile local currencies.

**Hidden Fees & Slow Transfers: **
Cross-border remittance costs average 6%, twice the UN Sustainable Development target.

• Instant QR/URL-Based Checkout
  Scan a dynamically generated QR code or click URL → check payment details → confirm → done. The recipient gets either local stablecoins or cUSD, depending on the specifications set during the QR/URL generation.

• Automated On-Chain Swaps
  Seamless swapping between cUSD and Mento local stablecoins. Built on Mento’s AMM: optimal rates, fully collateralized, programmable smart contracts.

• Multi-Rail Cash-Out
  Thanks to MiniPay withdrawl feature, convert cKES → KES via M-PESA; cREAL → BRL or PUSO → PHP via card.

• Rate-Lock & Hedging
  Protect against FX fluctuations with invoice-specific smart contracts.

• Modular & Extensible
  Next.js + Tailwind UI; Viem wallet integration; fully mobile friendly.

USE CASES: Everyday life
Street vendors accepting KES or USD in Kenya:

• Instant on-chain cKES/cUSD settlement under 5 seconds at <$0.01 fee
• End-of-day auto-settlement to M-PESA or bank

USE CASES: Cross-Border Payments
USD ↔ REAL Corridor for Freelancers in Brazil:

• Automated best-rate selection via Mento’s AMM for cUSD ↔ cREAL
• Charge in REAL but get paid in USD or REAL, seamless

1% flat fee per payment done through the app. We are considering additional revenue streams with: 0.5% fee per swap between stablecoins, and USD 2 monthly subscription for merchants adding them to our Merchants directory and possibly reducing the flat fee per payment.

Want to raise from VCs

Global

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