Frequently Asked Questions

KeyBS Pay is an Africa-focused B2B payment, FX, treasury, and supplier verification platform for businesses that trade globally. African importers, exporters, SMEs, fintechs, procurement teams, and finance teams use KeyBS Pay to move money across borders, manage multi-currency balances, settle eligible transactions with stablecoins, and verify suppliers before making payment. KeyBS Pay is especially useful for Africa-China trade, Ghana-China payments, Nigeria-China payments, and businesses that need faster, better-controlled alternatives to traditional bank wires.

KeyBS Pay helps African businesses send and receive international business payments through approved payment and infrastructure partners. Businesses can use KeyBS Pay to fund accounts, convert currencies, pay suppliers, collect invoice payments, manage FX exposure, and track payment history from one dashboard. Supported routes and settlement methods depend on the customer's country, currency, business type, KYB approval, compliance review, and partner availability.

Yes. KeyBS Pay is designed for African importers who need to pay overseas suppliers, especially suppliers in China. A business can submit supplier invoices, beneficiary details, and payment instructions, then use KeyBS Pay to manage the FX conversion, compliance review, and approved payment route. Where available, KeyBS Pay can support supplier payments through bank transfer, partner payout rails, or stablecoin settlement workflows.

Yes. KeyBS Pay includes supplier and company verification to help businesses reduce payment risk before sending money. The verification process may review company registration details, supplier documents, beneficiary information, bank-account details, domain and communication signals, sanctions exposure, and other risk indicators. This helps buyers confirm that a supplier is more likely to be legitimate before funds leave their account.

TradeScore™ is KeyBS Pay's supplier risk and trust scoring layer. It helps buyers understand supplier risk before payment by combining company verification, document checks, beneficiary review, payment-risk signals, and other due-diligence inputs into a simple score. TradeScore™ is not a guarantee that a supplier is risk-free, but it helps businesses make better-informed payment decisions before sending funds.

KeyBS Pay supports stablecoin and USDT settlement workflows where available and legally permitted. This can help eligible businesses move value across approved corridors, manage treasury exposure, and settle supplier payments faster than some traditional routes. Stablecoin services are subject to KYB, compliance checks, jurisdictional availability, transaction monitoring, and partner approval.

KeyBS Pay is built for multi-currency business finance and supports major global and African currency workflows such as USD, EUR, GBP, AED, CNY, GHS, NGN, KES, ZAR, and stablecoins where available. Exact currency availability depends on the customer's country, account type, transaction corridor, partner coverage, and compliance approval.

No. KeyBS Pay is not a bank. Banking, payment, card, crypto, FX, and regulated financial services are provided directly where permitted or through licensed and regulated infrastructure partners. All accounts, transactions, payouts, stablecoin services, and payment features are subject to KYB, KYC, AML review, jurisdictional availability, partner approval, and ongoing compliance monitoring.

Wise and Payoneer are useful for many general international payment needs, while traditional banks are often used for standard wires. KeyBS Pay is different because it focuses on African B2B trade, supplier payments, FX and treasury control, stablecoin settlement workflows, and supplier verification in one platform. For importers and finance teams, KeyBS Pay combines the payment workflow with supplier risk checks before money is sent.

KeyBS Pay is built for importers, exporters, SMEs, fintechs, procurement teams, finance teams, commodity traders, e-commerce businesses, logistics companies, manufacturers, and agencies that send or receive international business payments. It is especially relevant for African businesses trading with China, the UAE, the UK, Europe, and other global markets.

Yes. Eligible businesses can use KeyBS Pay to receive international payments, collect invoice payments, manage multi-currency balances, and settle funds through approved routes. This is useful for businesses that receive payments from clients overseas, manage supplier invoices, or need better visibility over global cash flow.

Yes. KeyBS Pay supports invoice and payment-link workflows for businesses that need to collect funds from customers and route the money into approved global or local settlement accounts. This helps businesses simplify collections, reconcile transactions, and connect incoming payments to supplier payments or treasury needs.

Onboarding time depends on the business type, jurisdiction, document quality, KYB checks, partner requirements, and compliance review. Some businesses can be reviewed quickly, while higher-risk activities, complex ownership structures, or regulated sectors may take longer. To speed up onboarding, businesses should prepare registration documents, director/shareholder information, proof of address, business website, expected transaction volumes, and source-of-funds information.

Most businesses need to provide company registration documents, director and shareholder details, proof of address, business activity description, website or business profile, expected monthly volume, source of funds, and transaction purpose. Additional documents may be requested depending on the country, industry, payment corridor, and compliance review.

KeyBS Pay pricing depends on the product, account type, verification volume, transaction corridor, currency pair, payment method, and business needs. Some plans may include supplier verification, FX quote access, payment support, API access, or dedicated account management. Businesses can request a cost analysis to compare KeyBS Pay with bank wires, FX brokers, or other payment platforms.

KeyBS Pay can support trade-payment workflows that reduce supplier payment risk, including supplier verification, invoice review, beneficiary checks, and payment controls. Escrow availability depends on the transaction structure, country, partner coverage, and legal requirements. Businesses should contact KeyBS Pay to confirm whether escrow or controlled-release payment options are available for their specific corridor.

KeyBS Pay is designed to make supplier payments more controlled and better documented. The platform combines KYB, AML checks, supplier verification, beneficiary review, transaction monitoring, audit logs, and partner-based payment infrastructure. No payment platform can remove all risk, but KeyBS Pay helps businesses reduce avoidable supplier-payment mistakes before money is sent.

Yes. KeyBS Pay can support API-led workflows for approved fintechs, platforms, marketplaces, trade businesses, and enterprise clients. API availability may include payment workflows, supplier verification, FX quote access, invoice-payment flows, or account-related services, depending on the client's approval, technical requirements, compliance profile, and partner coverage.

KeyBS Pay focuses on Africa and global trade corridors, including Ghana, Nigeria, Kenya, South Africa, the UAE, China, the UK, Europe, and other supported markets through regulated partners. Coverage may vary by currency, payment route, product, industry, and compliance approval.

To get started, contact the KeyBS Pay team, submit your business details, complete KYB/KYC checks, and explain your payment corridor, expected volume, currencies, and use case. After review and approval, KeyBS Pay can guide you through account setup, FX workflows, supplier verification, invoice payments, stablecoin settlement options, and approved payout routes.