Pretium, a cutting-edge payment platform designed to bring real-world usability to digital assets, is now available as a standalone app on the Google Play Store. This launch marks a significant step forward in integrating digital assets into everyday transactions, allowing users to shop, dine, and send money using their crypto holdings without needing to convert them through peer-to-peer (P2P) exchanges.
Bringing Digital Assets to Everyday Transactions
Pretium was created to solve a common problem faced by many crypto holders, the inefficiency of accessing and using digital assets for everyday purchases. Often, individuals who store their money in digital assets to protect against inflation struggle to use those funds for daily expenses. Even for small purchases, like buying a cup of coffee, they must go through a complicated peer-to-peer (P2P) exchange just to convert their crypto into local currency. This process is time-consuming and inconvenient. Pretium was built with a clear mission: to enable the real-world usability of digital assets by allowing users to make direct payments without conversion hassles.
Pretium enables users to seamlessly make payments at supermarkets, grocery stores, and restaurants using Mento decentralized stablecoins such as cKES or cUSD. On the merchant side, transactions are automatically settled in local currencies, eliminating the need for intermediaries, and increasing accessibility for businesses and consumers alike.
Key Features of the Pretium Standalone App:
- Merchant Payments – Pay merchants using digital assets with automatic settlement in local currencies.
- Send Money – Easily transfer funds to mobile networks or bank accounts.
- Cross-Border Payments – Instantly send money across borders to friends and family.
- Savings and Hedge Against Inflation – Store funds in digital assets to protect against inflation while retaining the ability to spend seamlessly.
Expanding Financial Inclusion Across Africa
Pretium is designed to serve crypto holders and traders who want to hedge against inflation while ensuring easy access to their funds for daily purchases. The app is currently live in Kenya, Uganda, Nigeria, Ghana, and Malawi, with plans for further expansion.
In Kenya alone, over 6 million people hold cryptocurrencies, but converting these digital assets into local currencies often requires navigating P2P exchanges. Pretium eliminates this friction, allowing users to make direct payments using digital assets without additional steps.
A Vision for the Future of Payments
“Blockchain technology isn’t just about holding or trading digital assets—it’s a payment infrastructure that can be leveraged for everyday transactions. Pretium represents a significant step forward in bridging the gap between existing payment rails and digital assets, making digital asset payments seamless and accessible,” said Derrick Bundi, CEO of Pretium.
Get Started with Pretium
The Pretium standalone app is now available for download on the Google Play Store. Users can create a wallet, fund it with supported digital assets or local currencies, and start making seamless transactions instantly. Download the Pretium app today and experience the future of digital asset payments.
