Stellar Community Fund

By Kotani Pay

Kotani Pay

SCF #11

$100.0K

Legacy v3.0 Award

Awarded

Stablecoin payments without the need for an Internet connection or a bank account

Products & Services

Kotani Pay API

The Kotani Pay API enables businesses to convert between digital assets and fiat and receive that through local payment channels in Africa. The API provides a single codebase for business with this need. This means businesses can receive money into mobile money or bank accounts in minutes over the Stellar Blockchain through the API.

Kotani Pay SMS/USSD Wallet

The Kotani Pay non-custodial wallet enables both non-internet enabled and internet enabled devices to interact with Blockchain protocols such as Stellar. The user simply dials a short code and is able to transact on the Stellar network. With the SMS wallet, one can receive, send, withdraw and access DeFi services.

We use the Stellar blockchain to hold the digital assets on-chain. The blockchain provides holding accounts for wallet users. The user interacts with the on-chain wallet through a USSD interface. Additionally, the Stellar blockchain acts as the transfer layer for on-chain remittance, cash-transfers, cross-border and gig-work transactions. A user sends funds from their blockchain account to another user’s account via Stellar.

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