The Internet’s Money

Stablecoin infrastructure · Africa

Does Bridge work in South Africa?

Partly.

Bridge is limited for businesses registered in South Africa: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

What a business in South Africa can use

Bridge’s products, for a company incorporated in South Africa.

Accept paymentsNot offered

Bridge does not offer this.

Pay people abroadLimited

Off-ramps from stablecoins to bank accounts on local rails such as ACH, SEPA, SPEI and Pix.

Multi-currency accountLimited

Virtual accounts that give each customer fiat deposit details in USD, EUR, MXN, BRL, GBP or COP.

Business cardsLimited

Stablecoin-linked Visa cards, issued with Stripe Issuing, rolling out by country.

StablecoinsLimited

Wallets, orchestration across fiat and stablecoins, and Open Issuance to launch your own stablecoin.

Yield on idle cashLimited

Platforms that issue their own stablecoin through Bridge receive the interest earned on its reserves, minus issuance fees. Bridge’s closed-loop USDB coin also earns rewards inside Bridge.

Bridge reviews every platform it works with. The platform’s own customers can be in many countries, excluding restricted jurisdictions; check Bridge’s current country list.

Onboarding confidence: low. Source: Bridge platform overview. Everything about Bridge

Alternatives in South Africa

Other providers that serve businesses registered there.

Multi-currency account

Business cards

Yield on idle cash

Selling to South Africa

How people there prefer to pay online.

  1. 1Visa / Mastercard
  2. 2Instant EFT (Ozow)
  3. 3Capitec Pay
  4. 4SnapScan / Zapper

Stablecoin rules in South Africa

Moderate riskRules in progress

Stablecoin rules are being written and may change.

Bridge’s stablecoin products are available to businesses here.

Everything about 🇿🇦 South Africa →

Common questions

Does Bridge work in South Africa?

Partly. Bridge is limited for businesses registered in South Africa: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which Bridge products can a business in South Africa use?

pay people abroad, multi-currency account, business cards, stablecoins and yield on idle cash, with limits.

What are the alternatives to Bridge in South Africa?

Providers that onboard businesses registered in South Africa: PayPal, Payoneer and dLocal. With limits: BVNK and Rain.

Can a business in South Africa use Bridge for stablecoins?

Yes, according to our data. Stablecoin rules in South Africa: Rules in progress (moderate risk). Crypto assets are legally financial products, and providers need an FSCA licence. There is no specific regime for stablecoin payments yet.

Bridge elsewhere in Africa

Other providers in South Africa