Cloud infrastructure provider introduces over 200 digital currency options alongside card and PayPal payments AFRICLOUD, a cloud infrastructure company operatingCloud infrastructure provider introduces over 200 digital currency options alongside card and PayPal payments AFRICLOUD, a cloud infrastructure company operating

AFRICLOUD Adds Digital Currency Payments to Serve Cloud Customers in Markets With Limited Banking Access

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Cloud infrastructure provider introduces over 200 digital currency options alongside card and PayPal payments

AFRICLOUD, a cloud infrastructure company operating data centres in Lisbon and Johannesburg, has added digital currency payments to its platform. Businesses can now pay for cloud servers using over 200 digital currencies — including stablecoins such as USDT and USDC — alongside existing credit card and PayPal options.

The payment expansion addresses a documented barrier in the markets AFRICLOUD serves. According to the World Bank’s Global Findex Database, 57% of adults in Sub-Saharan Africa do not hold an account at a financial institution. For businesses that do have bank accounts, international wire transfers to pay for cloud services often cost 5-15% in fees, take several business days, and frequently fail due to currency controls or correspondent banking restrictions.

AFRICLOUD’s cloud servers are priced from $20 per month. At that price point, a $5-15 international transfer fee represents a 25-75% surcharge on the service itself. Digital currency settlements cost under $1 and complete within minutes, regardless of the sender’s country.

Read More on Fintech : Global Fintech Interview with Baran Ozkan, co-founder & CEO of Flagright

“Our data centres serve 39 countries. In many of those markets, the biggest barrier to adopting cloud infrastructure is not technical — it is getting the payment through,” said Oluniyi Ajao, Founder of AFRICLOUD. “We added digital currency options so the payment method is not the reason a business cannot access the infrastructure it needs.”

The company’s Lisbon data centre provides measured latency of 11ms to Casablanca and 55ms to Cairo, while its Johannesburg facility delivers sub-10ms latency to 12 Southern African countries. Both locations offer AMD EPYC processors, NVMe storage, and deployment in under two minutes. Credit card and PayPal remain available as payment methods for all services.

AFRICLOUD operates its own network (AS209179) with direct peering at DE-CIX Lisbon and NAPAfrica in Johannesburg. The platform serves businesses across Africa, South America, and Europe with localised content in six languages.

Catch more Fintech Insights : Real-Time Payments and the Redefinition Of Global Liquidity

[To share your insights with us, please write to psen@itechseries.com ]

The post AFRICLOUD Adds Digital Currency Payments to Serve Cloud Customers in Markets With Limited Banking Access appeared first on GlobalFinTechSeries.

Market Opportunity
Cloud Logo
Cloud Price(CLOUD)
$0.02239
$0.02239$0.02239
-1.75%
USD
Cloud (CLOUD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55
Zelenskyy warns Russia aims to involve Belarus in Ukraine conflict

Zelenskyy warns Russia aims to involve Belarus in Ukraine conflict

The post Zelenskyy warns Russia aims to involve Belarus in Ukraine conflict appeared on BitcoinEthereumNews.com. Zelenskyy said Russia is trying to draw Belarus
Share
BitcoinEthereumNews2026/04/18 11:12
Bitcoin, Gold, and U.S. Stocks Dive as Trump Pledges to Hit Iran ‘Extremely Hard’

Bitcoin, Gold, and U.S. Stocks Dive as Trump Pledges to Hit Iran ‘Extremely Hard’

The post Bitcoin, Gold, and U.S. Stocks Dive as Trump Pledges to Hit Iran ‘Extremely Hard’ appeared on BitcoinEthereumNews.com. In brief Bitcoin dropped Thursday
Share
BitcoinEthereumNews2026/04/02 17:57

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!