AEON, the next generation crypto payment framework, is excited to announce the expansion of its Web3 mobile payment solution, AEON Pay, into Nigeria. AEON Pay now supports local bank transfer in Nigeria on its Telegram miniapp and dApps, unlocking seamless Web3-powered crypto payment through direct merchant bank transfers.

With this new integration, Nigerian users can now shop at participating merchants, input an amount in Naira (NGN), and choose their preferred crypto and wallet to complete the payment. AEON Pay automatically handles the asset conversion and initiates a local bank transfer to the merchant—offering a user experience that blends the power of crypto with the familiarity of mobile banking.

This feature is compatible with all banks supported by the Nigeria Inter-Bank Settlement System (NIBSS), a central financial infrastructure institution that facilitates interbank settlements and digital payments across Nigeria, ensuring nationwide coverage and reliable local settlement, which marks a significant milestone in enabling real-world crypto utilities through local payment infrastructure.