Xago’s Payment Gateway

Our payment gateway provides an entry point to Ripple’s XRP Ledger, enabling you to transfer funds from one point to another utilising the efficiency, speed and security of the XRPL.

Xago’s Retail Platform

We’ve built a bespoke transformational platform which connects consumer wallets that store crypto assets, fiat currency or rewards with the retailers. This process bypasses traditional payment rails and enables consumers to use this value to make payments, deposits and withdrawals at the point of sale, efficiently and cost effectively.

Xago’s Digital ZAR (XZR)

Xago’s digital XAR (XagoZAR) is listed as XZR. It is pegged 1:1 with the South African Rand (ZAR) and is fully auditable. Xago’s model works as follows: Clients fund their Xago wallets by depositing ZAR into Xago’s bank account using their mobile number as a reference. Xago then issues XZR into the clients‘ wallets at a ratio of 1:1 in relation to the ZAR deposited. When XZR is withdrawn from the clients’ wallets, the XRP Ledger is debited at a ratio of 1:1 and clients cash out/withdraw funds back into ZAR. Therefore, Xago’s ZAR bank balance always matches the number of XZR issued onto the XRP Ledger. Auditing is clear as it compares the bank account balance to the number of XZR issued.

Xago’s Fiat (Money) Xramps for Crypto Exchanges – ZAR/XRP

Xago offers fiat (money) on- and off-ramps to global crypto exchanges to enable their clients to trade ZAR.  Xago’s Digital ZAR is pegged 1:1 with the South African Rand and our unique Xramps are activated via efficient, highly secure trust lines. Xago manages all KYC and AML requirements to ensure all information is compliant.

Xago’s Xchange

Xago’s exclusive Xchange enables your business to buy, trade, send and receive Xago’s digital ZAR/XRP cryptocurrency on the XRP Ledger within an average of 3.8 seconds, minimising currency exchange fluctuations. Xago’s ZAR is pegged 1:1 with the South African Rand and our unique Pegged Trading System offers efficient arbitraging opportunities between exchanges.