Africa’s logistics giant and tech-first company, GIG Logistics, has launched a crypto payment gateway on its GIGGO app.
The development comes as the last-mile delivery company seeks to lead and drive inclusion in areas of ecommerce payment facilitation in Nigeria.
Ripples Nigeria had earlier reported in September, 2021 that the company, alongside GIG Mobility, was finalising the integration of a crypto wallet into the framework of its service app.
According to the leading last-mile company, the development was consummated through a partnership deal with XPAD, a crypto platform that will power its custodial services backend.
The addition of the wallet will provide users with an opportunity to explore an alternative payment channel through digital currency.
Cryptocurrency, which is fast changing the world’s view on money, has brought a new wave of innovation to businesses globally.
American data analysis company, Finder, puts the global adoption rate of crypto at 15.5 percent as at December 2021, 4.3 places up from 11.2 percent in October 2021.
GIG Logistics was founded in 2012 as a courier and logistics services company in Lagos, Nigeria. Since its launch, it has continued to operate wholly as an intelligence and technology management company, what industry analysts describe as a significant difference from its competitors.
Ten years later, the brand has piloted some of the industry’s innovation, and expanded across the country with additional international footprints in the US, UK and West Africa.
The logistics company’s crypto drive marks yet another major milestone for the Chidi Ajaere-led company. Through the development, the company stands a chance to become a reference point and market leader in the countries it operates.
While the world, on one hand, becomes increasingly open to cryptocurrency, the company (on the other hand) gears towards attracting and converting some of the earliest users
