Who We Are…
NIRX BLOCK PAYMENT SYSTEMS Nigeria Limited (“NIRX” or “NairaX”) is a limited company formally incorporated in 2017 under RC-2903759. NairaX is wholly owned by NIRX Block Payment Systems, with backing and limited support from financial bodies in Nigeria. An appreciable quantity of NIRX assets are managed and housed in the company’s reserves to serve as a digitally backed version of the Nigerian Naira (NGN). NIRX will be initially deployed as the primary currency for completing transactions on our personalized eCommerce platform & subsequently on other popular platforms. This way we provide utility for the NairaX asset “NIRX” and organically push for its full relevance in global FinTech.
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Merchants in Africa and the entire globe inclusive, will now have a reliable & trusted hybrid payment system to faciliitate the purchase goods and services anywhere on the globe and have them delivered to their doorsteps.
Why should you be part of NairaX?
NairaX as a company is introducing an entirely new super-functional model into the eCommerce marketplace to foster its mass adoption in other fintech based sectors of the world. We will also thrive in the competitive market by ensuring business transactions are trustless and most importantly “feeless”. However, for all value-added services (VAT) on NairaX payment system, transaction fees will be redeemable with NIRX coin.
NairaX is about to take over the fairly virgin African e-Commerce market by introducing a sustainable super-functional business model governed by blockchain based technology.
NairaX Block Payment Systems is currently developing both web and mobile wallet apps, which will gradually be integrated into various eCommerce and Fintech based platforms in Nigeria, Africa and then the entire globe. As a company, we also aim to move to our patent blockchain infrastructure to fully attain completely feeless node transactions in all forms. In no time, NIRX coin holders will be able to transact not only locally, but from any part of the globe in a seamless fashion.
Cryptocurrencies are fast becoming a new financial system for storage of value. NIRX comes with a vision to push for the use of NIRX coin as a globally accepted form of payment for goods and services by countries to other countries in our own marketplace.