Grace Ashiru
Noah, a global payments infrastructure provider, and Payd, a financial operating system for African professionals, have announced a partnership enabling Payd’s 30,000+ users to receive international earnings through stablecoin infrastructure.
The integration allows Payd users to generate Virtual IBANs for euro payments or US Routing Numbers for dollar payments through Noah’s platform. Users can receive standard domestic transfers via ACH or SEPA from US or European employers.
Noah’s infrastructure converts incoming funds to stablecoins USDC or USDT and settles them into Payd wallets in real-time. Users can hold digital dollars, spend online, or convert to local currency as needed.
The partnership addresses payment challenges for African digital workers, who typically face fees and exchange rate losses of up to 10 percent and wait up to five business days for SWIFT wire transfers to clear through traditional banking channels.
The service operates across multiple African markets with localized features. In Kenya, users can off-ramp directly to M-Pesa. In Nigeria, the service provides USD account access without traditional domiciliary account requirements. South African users can manage exchange control compliance by receiving funds into virtual accounts and repatriating when necessary. Senegalese users can receive SEPA transfers from EU clients and transfer to mobile money wallets including Wave or Orange Money.
The partnership combines Noah’s regulated payment collection infrastructure with Payd’s financial tools for African markets.
