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ivorypay.io Scam Check: 100/100 Trust | ScamMinder

Website: ivorypay.io

Screenshot of ivorypay.io

Safety Score

100/100
βœ“ Safe Website

This website appears legitimate based on AI analysis.

AI Analysis Results

Category: Crypto
About this website:

https://ivorypay.io redirected to https//www.ivorypay.io during the time we crawled it. Ivorypay is a payment gateway that enables African businesses to receive payments in stable cryptocurrencies. The platform aims to provide a seamless and secure way for businesses in Africa to accept digital currency payments, overcoming the challenges associated with traditional banking and foreign exchange restrictions. Ivorypay's features include the ability to create personalized crypto payment experiences using their APIs, support for one-time and recurring crypto payments, instant crypto transfers, and the option to retrieve all crypto transactions and customer data. The platform also emphasizes faster and cheaper transactions compared to traditional payment methods, with lower fees and quicker payment processing. Additionally, Ivorypay offers seamless fiat currency deposits into local or international bank accounts, helping businesses convert received cryptocurrencies into their preferred currency. The platform's focus on security is highlighted, with claims of virtually eliminating the risk of chargeback fraud through their payment solution. Ivorypay tailors its services to various African businesses, including support for entrepreneurs, global brands, fintech companies, and online betting platforms. The platform is backed by prominent venture capitalists, incubators, and institutions in both the web3 and web2 space. Ivorypay's website provides information on its pricing structure, which includes a flat 1% processing fee on all transactions, with no setup fees, monthly fees, or hidden charges. The platform supports major stablecoins such as USDT and USDC, with plans to add support for BUSD in the future. Withdrawal fees for converting cryptocurrencies to fiat currency are also outlined, along with details on the countries where Ivorypay is available for businesses. The website features a section for frequently asked questions, addressing topics such as transaction fees, supported stablecoins, withdrawal options, processing times, and the availability of Ivorypay in specific countries. Ivorypay's commitment to transparency and its focus on providing a user-friendly and efficient payment gateway for African businesses are evident in the information provided on its website. The platform's emphasis on security, low fees, and support for stable cryptocurrencies aligns with the growing interest in digital currency adoption, particularly in regions where traditional banking infrastructure may present challenges. However, as with any financial service, businesses and individuals considering using Ivorypay should conduct their own thorough research and due diligence to ensure that the platform meets their specific needs and requirements."

Risk Assessment: safe
πŸ“Š Analysis Reasons:
  • Payment gateway for African businesses, Enables receiving payments in stable cryptocurrencies, Overcomes traditional banking and foreign exchange restrictions, Features for creating personalized crypto payment experiences, Support for one-time and recurring crypto payments, Instant crypto transfers, Retrieval of all crypto transactions and customer data, Emphasis on faster and cheaper transactions compared to traditional methods, Lower fees and quicker payment processing, Seamless fiat currency deposits into local or international bank accounts, Focus on security and virtually eliminating chargeback fraud, Tailored services for various African businesses, Backed by prominent venture capitalists and institutions, Transparent pricing structure with a flat 1% processing fee, Support for major stablecoins like USDT and USDC, Plans to add support for BUSD in the future, Details on withdrawal fees for converting cryptocurrencies to fiat, Information on countries where Ivorypay is available, Section for frequently asked questions addressing various topics, Commitment to transparency and user-friendly payment gateway for African businesses, Emphasis on security, low fees, and support for stable cryptocurrencies aligns with growing interest in digital currency adoption, Users should conduct their own research and due diligence.