Question 1

What is Cheese Pay?

Accepted Answer

Cheese Pay is a digital dollar wallet for Africa. You hold your money as USDC — a US dollar-pegged stablecoin — and send directly to any local bank account in fiat. It is available as a mobile web app with no download required.

Question 2

How does Cheese Pay protect my money from fiat devaluation?

Accepted Answer

Cheese Pay lets you hold your balance in USDC, which tracks the US dollar. Local currencies across Africa have lost significant value against the dollar — money held in USDC maintains its purchasing power.

Question 3

Does the recipient need a Cheese Pay account?

Accepted Answer

No. Recipients do not need a Cheese Pay account or any crypto wallet. They receive fiat in their regular local bank account through supported payment rails.

Question 4

Which banks does Cheese Pay support?

Accepted Answer

Cheese Pay supports banks across Nigeria, Kenya, Rwanda, Ghana, and Ethiopia. Supported banks and payment rails vary by market and are shown in the app.

Question 5

Do I need to know about crypto to use Cheese Pay?

Accepted Answer

No. You sign up like a normal app, top up your wallet, and send money using the same bank-transfer flow you already know. Cheese Pay handles everything invisibly.

Question 6

What are the fees on Cheese Pay?

Accepted Answer

Cheese Pay charges a small conversion fee when you send to a bank account. The exact rate is shown before you confirm any transfer. Cheese Gold and Black tier members receive reduced or zero conversion fees.

Question 7

What are the Cheese Pay tier levels?

Accepted Answer

Silver is the default tier. Gold requires identity verification and unlocks higher limits and reduced fees. Black is the premium tier with zero fees, a metal card, and priority support.

Question 8

Is Cheese Pay safe?

Accepted Answer

Yes. Cheese Pay uses cryptographic device keys so only your registered device can authorise transfers. USDC is held on the Stellar blockchain and every transaction is recorded with a verifiable blockchain hash.

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