Accept Local Currency Payments

Overview

Collect payments from customers in their local currency while automatically protecting your revenue from currency volatility. Yellow Card's local currency receive infrastructure lets you generate payment wallets that accept deposits in 50+ currencies, automatically convert to Stablecoins, and give you the flexibility to hold stable value and withdraw to external crypto wallets.

How it works:

Customer pays in local currency → Automatically converts to USD Stablecoins → Your balance held in stable assets → Send to crypto wallet on demand.

Key Benefits:

Currency protection: Shield revenue from local currency devaluation and volatility
Flexible withdrawals: Send to any crypto wallet
Multiple payment methods: Bank transfers, mobile money, and more
Automatic conversion: No manual intervention needed - payments convert to USD Stablecoins instantly
Real-time tracking: Monitor receives and conversions in your portal
50+ currencies supported: Accept payments across Africa and emerging markets
Instant liquidity: Access funds immediately after conversion

Who This Is For

Merchants in volatile currency markets wanting to protect revenue from inflation
Subscription services collecting recurring payments across multiple countries
E-commerce platforms accepting local payments while holding stable value
Digital service providers (SaaS, education, media) serving emerging markets
Marketplaces collecting from local buyers and holding revenue in stable assets
Gaming and entertainment platforms monetizing across multiple currencies
NGOs and nonprofits accepting donations in local currencies

Step-by-Step Guide to Accept Local Currency Payments

Step 1: Create a Collection Request

To collect local currency funds from your customer, create a Collection Request to create a quote for the collection. A collection request collects the funds and auto converts into your primary USD wallet.

Step 2: Customer Makes Payment

Your customer pays local currency using their preferred method (bank transfer, mobile money, etc.) using the provided payment reference. You will Accept the Collection Request to confirm the transaction

Step 3: Receive Payment Confirmation Webhook

Get notified when payment is received and converted via webhooks.

COLLECTION.COMPLETE - webhook event means we've successfully collected local currency payment from your customer and credited your Stablecoin balance.

Step 5: Withdraw to External Crypto Wallet (Optional)

The collected fiat has now been converted and credited to your USD primary wallet and you're welcome to withdraw it to an external Stablecoin wallet.

Log into the Treasury Portal
Navigate to Balance
Click Withdraw balance
Enter in the amount and choose your destination address