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Paycrest supports fiat currencies across multiple countries and regions, with delivery channels including bank transfers and mobile payments. New corridors launch only when committed liquidity providers are onboarded and tested.

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Active Corridors

CountryFlagCurrencyCodeChannels
Nigeria🇳🇬Nigerian NairaNGNBank, Mobile
Kenya🇰🇪Kenyan ShillingKESBank, Mobile
Uganda🇺🇬Ugandan ShillingUGXBank, Mobile
Tanzania🇹🇿Tanzanian ShillingTZSBank, Mobile
Malawi🇲🇼Malawi KwachaMWKBank, Mobile
Brazil🇧🇷Brazilian RealBRLMobile (PIX)

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Delivery Channel Matrix

CurrencyBank TransferMobile / Wallet
NGN✅✅
KES✅✅
UGX✅✅
TZS✅✅
MWK✅✅
BRL❌✅ (PIX)

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Integration Examples

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Bank Transfer (Nigeria)

const order = {
  amount: "100",
  source: {
    type: "crypto",
    currency: "USDT",
    network: "base",
    refundAddress: "0xYourAddress"
  },
  destination: {
    type: "fiat",
    currency: "NGN",
    recipient: {
      institution: "GTBINGLA",
      accountIdentifier: "1234567890",
      accountName: "John Doe",
      memo: "Salary payment"
    }
  }
};

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Mobile Money (Kenya)

Phone M-Pesa, Till (buy goods), and Paybill all use a KES mobile institution (typically SAFAKEPC). Set destination.recipient.metadata.channel to Mobile, Till, or Paybill. Full rules and KYC notes are in Sender API Integration — KES mobile money. Phone M-Pesa 
const order = {
  amount: "50",
  source: {
    type: "crypto",
    currency: "USDC",
    network: "base",
    refundAddress: "0xYourAddress"
  },
  destination: {
    type: "fiat",
    currency: "KES",
    recipient: {
      institution: "SAFAKEPC",
      // Local (07…) or international (254…) MSISDN; API normalizes on create and verify-account
      accountIdentifier: "0712345678",
      accountName: "Jane Smith",
      memo: "Mobile payment",
      metadata: { channel: "Mobile" }
    }
  }
};
Till 
recipient: {
  institution: "SAFAKEPC",
  accountIdentifier: "123456",
  accountName: "Shop Name",
  memo: "Payment",
  metadata: { channel: "Till" }
}
Paybill 
recipient: {
  institution: "SAFAKEPC",
  accountIdentifier: "INV-001",
  accountName: "Customer",
  memo: "Bill pay",
  metadata: { channel: "Paybill", businessNumber: "400200" }
}

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PIX (Brazil)

const order = {
  amount: "200",
  source: {
    type: "crypto",
    currency: "USDT",
    network: "arbitrum-one",
    refundAddress: "0xYourAddress"
  },
  destination: {
    type: "fiat",
    currency: "BRL",
    recipient: {
      institution: "PIXKBRPC",
      accountIdentifier: "[email protected]",
      accountName: "João Silva",
      memo: "PIX payment"
    }
  }
};

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Rate Information

Exchange rates are dynamic and depend on:
  • Market conditions: Real-time forex rates
  • Provider competition: Multiple providers competing per corridor
  • Transaction volume: Higher volumes may get better rates
Use the GET /rates endpoint to fetch the current achievable rate before creating an order.
All supported currencies are actively monitored for compliance and regulatory requirements. Delivery times and fees may vary by provider and region.

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API Endpoints

  • GET /currencies — Get all supported fiat currencies with current market rates
  • GET /institutions/ — Get supported banks and mobile payment providers for a specific currency
Currency codes follow the ISO 4217 standard. Institution codes use SWIFT codes (first 7 characters) for international banks, or custom codes ending with PC for local institutions. See Code Standards for details.