WalChat Limited, a registered tech-startup that has designed a cloud-based multi-purpose messaging app with secure chat lock, secret chat, audio/video conferencing and a blockchain-powered cross-border digital payments system called WalChat Pay, which permits users to transfer digital funds between and among diverse payment platforms using their phone numbers or emails as their virtual payment address. Businesses or merchants can accept payment via QR Code and a one-stop online shop also known as WalChat Mall for an affordable but high-quality range of products.
With our mobile services, users will enjoy free, fast and secure peer to peer chat, send money to each other, pay bills and even make purchases and checkout faster in physical stores.
Our strategy is to position the WalChat brand to spearhead enriched and secured peer to peer chat for free and cross-border digital payments with guaranteed security, fast and low transaction fees in Africa.
Our goal is to become the most used secured Instant messaging App integrated with cross-border digital payments in Africa. Offering diversified socially relevant services, makes us stand out from similar Instant Messaging apps which only offer messaging services. It also provides us with the edge to retain existing users and explore further innovative services.
Our market size encapsulates smartphones users, instant messaging app users, cryptocurrency users and blockchain enthusiasts.
With a projected 400 million social network users in Africa by the end of 2019, we foresee WalChat as a potential app to promote electronic/digital payments as we drive the creation of a new financial ecosystem which will economically open up Africa for total financial inclusion in the face of the Continental Free Trade Agreement (CFTA).