WordPress Hosti
HomeeCommerceChimoney, A Toronto-based Startup, Launches Global Payout Platform and API

Chimoney, A Toronto-based Startup, Launches Global Payout Platform and API

Best Jumia Tech Week Deals

Toronto, Canada — July 21, 2021 Chimoney today released a platform and API to make it easy for businesses to send, spend, and gift cryptocurrencies, gift cards, mobile money, airtime, and other assets globally.

With Chimoney, companies that want to move value to a geographically distributed group of people can now do so without needing to know their location, local currency, bank account details, or payment option that they accept.

The new Chimoney website showcases the range of products services offered by Chimoney via its Business dashboard and Developer APIs, which allows bulk payouts to user emails or social media usernames. 

Asked about the impact of the pandemic on remote work, Uchi Uchibeke, Founder of Chimoney said that

“For organizations looking to increase efficiency for Their remote workforce, Chimoney provides an easy-to-use dashboard that lets organizations manage employee profiles and perks, and distribute Chimoney conveniently for the remote workforce – who will love and want to spend it wherever they are.”

He adds that

Companies like Microsoft, AfricaHacks, and others already use Chimoney to handle payouts to groups that globally attend their learning and hackathon programs.”

Furthermore, with Chimoney, the individual receiver decides how to spend or redeem the value by redeeming from one of the 300 supported online gift cards, mobile money across multiple African countries, airtime across many countries, cryptocurrency globally, and other digital assets. 

Speaking on the target audience for Chimoney, Atchima Munpakpien, Head of Digital Marketing & Social Media said that

“Experiential marketing companies with ambassadors, survey platforms who want to offer perks that work globally, human resource teams, student groups, and campus event organizers are examples of organizations that could benefit from Chimoney.”

- Advertisement -Fiverr Business

Since Chimoney is a global payout platform, organizations looking to payout or distribute perks or prizes to geographically distributed participants will save time and increase efficiency and the receiver’s appreciation by using Chimoney.

Chimoney Features

  • Send gift cards, cryptocurrencies, mobile money, and airtime to thousands of users in one click.
  • API to unlock payouts from any Internal or user-facing app
  • Chimoney’s Flex-payout enables the receiver to decide how to redeem and spend the gift
  • Multi-currency support

Pricing and Availability

Chimoney is available globally and free to use with only charges applied to payouts. Chimoney is designed to work on all modern mobile and web browsers and will be available on iOS and Android soon.

You can checkout the documentation for the developer API here.

Related Topics

AliExpress 11 11 Sales
NaijaTechGuide may receive financial compensation for products/services purchased through affiliate links on this site. See full Affiliate Disclosure Here
NaijaTechGuide Team
NaijaTechGuide Team
NaijaTechGuide Team is made up of Experienced Tech Enthusiasts and Professionals led my Paschal Okafor, a graduate of Electrical and Electronics Engineering with over 17 years of Experience writing about Technology. Some of us were writing about Mobile Phones before the first Android Phones and iPhones were launched.

Recommended Read on NaijaTechGuide

Best Marketing Automation Software 2024

You need the best marketing automation software to scale your business fast and convert...

Best Content Marketing Tools for 2024

As a content marketer, you have a lot of tasks to accomplish. You need...

Best VPN Services Providers for 2024

The internet is one of the greatest achievements of humanity, but it is also...

Best 20KVA Generators to Buy in 2024

Generator sets, as an alternate source of power supply, come in their different sizes...

Best Laptops for Students 2024: 11 Top Picks to Choose From

So, you are a student who is looking to get the best laptop they...

Cheap Android Phones 2024 – Price, Specs, and Best Deals

Android phones are the most popular smartphone category. The popularity of Android phones are...

Best Android Phones 2024 – Price, Specs, and Best Deals

New Android Phones are launched into the market every week. This means that if...

Best Web Hosting Services for Building Websites in 2024

A good and reliable web hosting service will make a big difference for your...
Fiverr Business

More like this

Is China’s Digital Yuan Based on Blockchain Technology?

Have you ever wondered what's driving China's financial technology revolution? It goes beyond simply...

How To Get Yuan Online? Definitive Guide

Have you ever wondered how to navigate the world of digital currencies without getting...

Why Did China Create Its Own Digital Currency?

The days of cash being king are long gone. Now, picture a world in...