We are doubling down on infrastructure that helps you serve more markets, protect your cash, and price smarter. Here is everything we shipped last month.
XAF and XOF Are Now Live on Quidax
Merchants can now hold and withdraw the Central African CFA franc (XAF) and West African CFA franc (XOF), with direct withdrawals to mobile money in Cameroon and Côte d’Ivoire — available via the Quidax Business API. The CFA franc zone covers 14 countries and over 180 million people, with some of the most friction-heavy payment corridors on the continent. That infrastructure is now available on Quidax.
Fixed Earn
If your business is sitting on idle cash or has funds earmarked for future expenses, that money is silently losing value to inflation and currency volatility every day. Fixed Earn changes that.
Businesses and corporates can now place idle liquidity into Fixed Earn and earn a predictable, guaranteed yield of up to 7%. Think of it as corporate treasury management built for inflation hedging on the continent.
You can also lock away funds you have already earmarked for future expenses, like vendor payments, payroll, or quarterly settlements, into Fixed Earn plans that generate stable passive income with zero volatility risk on your principal.
In short: your idle cash starts working for you, instead of quietly losing value.
Static NGN Accounts on Ramp
Until now, every Naira deposit your customer made on Ramp generated a fresh virtual account number. That works fine for one-off transactions, but for customers who deposit regularly, it means keeping track of a new account each time.
You can now issue static NGN accounts to your customers, so a single account stays with them for every Naira deposit they ever make. It’s available on request, so let your account manager know when you’d like it switched on.
Market-specific Markups on Ramp
The cost of running a business in Lagos rarely matches what it costs in Nairobi or Accra. Liquidity, FX, and competitive pressure behave differently across markets, so a single markup applied everywhere can quietly eat into your margins in one country while pricing you out of another.
You can now set a different markup for each market you operate in. In practice, this means:
- Pricing that reflects what’s happening on the ground in each country
- Tighter control over margins where you need it, and room to breathe where you don’t
- A commercial strategy that scales with you across the continent
Payment Link API on Basqet
If you’d rather create payment links within your own systems instead of coming back to the Basqet dashboard each time, you can now do that directly through the API.
The API supports both static and dynamic links. You can retrieve and track every link programmatically, and anything you create through the API still reflects on your Basqet dashboard, so your team continues to work from one source of truth.
It’s a small change, but it should make a real difference for teams running their own checkout, embedding payments in mobile apps, or building internal tools that issue links at scale.
