Company
Our innovative tools ensure seamless payment and movement of funds across various geographies worldwide, simplifying and accelerating transactions for businesses and individuals.
This is particularly impactful in underdeveloped regions where traditional payment systems are cumbersome, costly, and often inaccessible.
Cedar bridges these gaps, enabling efficient money flows between emerging and developed markets.
Why Cedar?
Addressing the Complexities of Payments in Underdeveloped Markets.
End Payment Delays
No more waiting weeks for your payments. Cedar offers T+1 settlement for USD collections, letting you reinvest in your business faster.
Transparent, Predictable Costs
Say goodbye to opaque fees and surprise deductions. Our fee structure ensures clarity, so your profits stay intact.
Safe, Reliable Transactions
With Cedar’s technology-driven orchestration, payment failures and fraud concerns are minimized. Enjoy the confidence of seamless, secure transactions.
Streamlined Currency Conversion
Allow your customers in Underdeveloped Markets to settle payments in local currencies, without needing to manage FX complexities. Cedar does it all for you.
Real-Time Payment Tracking
Monitor your transactions end-to-end with full visibility, avoiding the hassle of multiple bank check-ins and improving your cash flow management.
Stablecoin-Powered, Fiat-Enabled
- Designed for Global Business
Partnering with the Future of B2B Payments
Explore Partnership Opportunities
Our partners are the backbone of our operations, providing invaluable support, expertise, and resources to drive mutual success.
Easily Receive Payments from Key African Markets
Accept payments from top African markets securely and seamlessly, boosting your global transactions with ease and reliability.
Secure and Compliant Payments You Can Trust
A Simple, Seamless Payment Experience
1
Create an account
Create a Cedar account and verify your identity to protect and secure your account
2
Choose a currency
Select your destination currency and country to send money to. Over 50 destination supported
3
Track and Manage
Cedar provides full transparency with reliable tracking, allowing you monitor each transaction in real time.
4
Accept Payments Globally
Collect payments seamlessly from merchants. Simplify transactions, boost efficiency, and keep your business flowing.
Your Questions Answered
What Currencies Does Cedar Money Support?
Cedar supports a variety of currencies, including USD, EUR, GBP, and many African currencies.
What Is The Cost of Using Cedar Money?
Using the Cedar platform is free and there are no subscription or set-up fees, however, transaction fees apply, which are reflected in the FX cost.
How Long Does It Take to Receive Payments from Africa?
Cedar offers fast payment processing, with most payments being processed within 24 hours (T+1 settlements).
How Do I Open a New Account?
To open a new account, simply register here, or download Cedar Money App on your IOS or Google Play Store, and follow the on-screen instructions. You will need to provide some basic information about your business.
What Does the Onboarding and KYC Process Entail?
The onboarding and KYC process involves verifying your business identity and ensuring they comply with regulatory requirements. This may include providing documents such as your Certificate of Incorporation, National ID, Proof of Business Address, etc.
What are Stablecoins, and how do they work in Cross-border Payments?
Stablecoins are digital assets pegged to a stable asset like the US dollar. They empower businesses to bypass traditional inefficiencies in cross-border payments, offering speed, cost savings, and reliability. When integrated with user-friendly platforms like Cedar Money, Stablecoins can revolutionize global B2B transactions. Cedar leverages stable coins to facilitate faster, cheaper, and more secure payments.
How does Cedar Money assist Exporters in the US, UK, China, and Globally, with Foreign Currency Collection in Africa?
Cedar streamlines cross-border payments, making it easier for exporters to collect and disburse funds in African currencies. With Cedar, you can receive payments from African businesses directly into your bank account, eliminating the need for complex banking procedures, reducing transaction fees as well as offering quick T+1-T+2 settlement time.Cedar understands the problems African businesses face and hence can facilitate a much smoother collection process.
What Is The Timeline for Reviewing My Onboarding Documents Once They are Submitted?
We strive to review and process onboarding applications as quickly as possible. Typically, the review process takes 2-7 business days.