How it works
Paid in seconds. Settled after.
You scan, check the price and enter your PIN, and the shop is paid on the spot. Converting the dollars and moving the naira happen afterwards, and never hold up a sale.
Step by step
Five steps. You wait for two.
Topping up happens once, whenever suits you. Everything after the counter happens without you.
Beforehand
Once, any time- 1
Top up once
Add USDT or USDC from the exchange or wallet you already use. Your balance is held by a licensed third-party custodian, not by CrAza, and we never hold the keys.
At the counter
Seconds- 2
Scan the shop’s code
Point your camera at the code on the counter, or the one the shop makes for an exact amount. You see the shop’s name, the naira price and the rate before anything happens.
- 3
Confirm with your PIN
Your PIN confirms the payment. The shop is credited the full naira amount in one step, which completes entirely or not at all, and its phone lights up the moment it does, with an SMS if the notification does not arrive.
The sale is final here.
The customer has paid and the shop has been told. Nothing after this can undo it, delay it or change the amount.
After the sale
Done by licensed partners- 4
Converted, afterwards
The equivalent USDT is converted to naira by our custody partner, on its own schedule. The sale is already finished; this never delays it.
- 5
Naira reaches the shop’s bank
A licensed Nigerian payment provider pays the takings into the shop’s own bank account, on their own or whenever the shop chooses. It arrives as an ordinary bank credit.
Scope
What CrAza does, and what it doesn’t.
CrAza is software. The second list is regulated work, and licensed partners do it.
CrAza does
- Build and run the app, the shop codes and the transaction records.
- Show each purchase in naira, at the partner’s rate, before anyone confirms.
- Pass each payment instruction to the licensed partners, and report its status to the customer and the shop.
- Onboard shops, with identity and bank-account checks run by licensed providers.
CrAza does not
- Hold customers’ digital assets, or the keys to them.
- Hold shops’ naira, take deposits, or pay money out.
- Buy, sell or convert digital assets, or run an exchange.
- Let customers cash out to naira. A balance is spent at shops, or sent out as the asset itself once withdrawals open.
- Provide foreign exchange or money transfer.
- Offer any investment, interest or return. A balance is money you already hold, waiting to be spent.
Custody
Who holds what, at every moment.
The digital dollars
The asset behind every balance is held by a licensed third-party custodian. CrAza Technologies Limited never holds it, or its private keys.
The naira
Naira owed to shops is held and paid out by a licensed Nigerian payment provider.CrAza Technologies Limited does not hold customers’ or shops’ money, take deposits or pay money out.
Scan, confirm, done. The rest happens after.
In development. Mobile app launching soon. Nobody is transacting yet; the waitlist hears first.