Search Inside Bitcoins

Carbon Sees Itself Added To Paxos Payment Platform

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Paxful To Provide Fiat On-Ramps to Singaporean Crypto Exchange Bityard
Paxful To Provide Fiat On-Ramps to Singaporean Crypto Exchange Bityard

Join Our Telegram channel to stay up to date on breaking news coverage

Paxful stands as one of the top peer-to-peer crypto marketplaces out there. In a bid to keep that status, Paxful continually evolves to deliver a seamless user experience.

As such, the P2P marketplace has now introduced Carbon as one of its payment methods accepted by the platform. With this new addition, users will be capable of investments, loan applications, track expenses, and even view credit reports. This comes by way of the Nigerian Tribune, a media outlet in Nigeria.

Pushing Into The African Continent

This partnership between Carbon and Paxful will allow Paxful’s users to make payments within the Carbon platform itself.

On the other side, customers of Carbon will now be able to dive headfirst into the crypto space, investing, buying, or selling their respective digital assets. Carbon customers can even use Paxful’s crypto on-ramps as a bid to hedge against inflation, as well.

The Mandatory Kind Words

Ray Youssef stands as the co-founder and CEO of Paxful, and gave the mandatory public statement about the matter at large. Youssef explained that Carbon’s addition to the Paxful platform is an exciting one, indeed, highlighting his platform’s constant efforts to provide everyone with fair financial opportunities. He highlighted the importance of Carbon in providing Africans better access to financial services, primarily through the expansion of Paxful’s payment method list.

Binance P2P Platform Adds Support for 5 Fiat Currencies in Latin America

As such, Paxful explained that users are now capable of accessing quick credit without needing collaterals or guarantors, offering low-interest rates at the same time. Furthermore, investment opportunities from the platform also come by way of a fee-free, interest-earning wallet, highlighted Youssef.

Chijioke Dozie stands as the co-founder and CEO of Carbon, in turn, and gave his own statement about the matter. He explained that his platform is always on the lookout to provide its customers with new innovative services. As such, Carbon has decided to partner up with Paxful thanks to the African continent’s rising interest and adoption of crypto.

Of course, much like many companies making these partnerships, Dozie states that there are many similarities between Carbon and Paxful, highlighting their dedication to satisfying customer needs through innovation. As such, Dozie highlighted the plethora of new opportunities that can be provided to both platforms’ customers through this new partnership.

Providing For All

Formerly known as Paylater, Carbon stands as a digital bank specializing in providing efficient, cheaper financial services to the people. In particular, Carbon offers instant loans, zero-fee accounts, savings and investment options, and free money transfers. The platform even streamlines bill payments and airtime purchasing, with users capable of checking their credit history across the national financial institutions.

Join Our Telegram channel to stay up to date on breaking news coverage

Read next