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GemRails

GemRails is a payment platform that lets Nigerian merchants accept USDT and USDC stablecoin payments and receive instant settlement in Naira.

Flat 2b, Higher-life Building, opposite First Bank Onile-Aro, Ojoo, Ibadan, Nigeria

Overview

Project

Description

GemRails helps merchants in Nigeria accept stablecoin payments without managing crypto. Customers scan a merchant's QR code and pay with USDT or USDC, while GemRails converts and settles the funds in Naira directly to the merchant's bank account. The platform includes built-in KYT and transaction monitoring, requiring no blockchain knowledge from merchants.