Our Reporter 

Chimoney has officially unveiled a platform and API to make it easy for businesses to send, spend, and gift cryptocurrencies, gift cards, mobile money, airtime, and other assets globally.

With Chimoney, companies that want to move value to a geographically distributed group of people can now do so without needing to know their location, local currency, bank account details, or payment option that they accept.

The new Chimoney website showcases the range of products services offered by Chimoney via its Business dashboard and Developer APIs, which allows bulk payouts to user emails or social media usernames.

Asked about the impact of the pandemic on remote work, Uchi Uchibeke, Founder of Chimoney said “for organizations looking to increase efficiency for a remote their workforce, Chimoney provides an easy-to-use dashboard that lets organizations manage employee profiles and perks, and distribute Chimoney conveniently for the remote workforce – who will love and want to spend it wherever they are.”

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“Companies like Microsoft, AfricaHacks, and others already use Chimoney to handle payouts to groups that globally attend their learning and hackathon programs.” He added.

Furthermore, with Chimoney, the individual receiver decides how to spend or redeem the value by redeeming from one of the 300 supported online gift cards, mobile money across multiple African countries, airtime across many countries, cryptocurrency globally, and other digital assets.

Speaking on the target audience for Chimoney, Atchima Munpakpien, Head of Digital Marketing & Social Media said “Experiential marketing companies with ambassadors, survey platforms who want to offer perks that work globally, human resource teams, student groups, and campus event organizers are examples of organizations that could benefit from Chimoney.”

Since Chimoney is a global payout platform, organizations looking to payout or distribute perks or prizes to geographically distributed participants will save time and increase efficiency and the receiver’s appreciation by using Chimoney.