NICOSIA, Cyprus, Sept. 04, 2026 (GLOBE NEWSWIRE) — SPAYZ.io will join Forex Expo Dubai 2026 on 22–23 September at the Dubai World Trade Centre, bringing its latest payment solutions across Africa to one of the industry’s key meeting points for Forex brokers, Fintech companies, and trading professionals. This year, the team will focus on how local payment infrastructure can support Forex businesses entering and scaling across African markets.
Over the past year, SPAYZ.io has continued to expand its African payment network, launching solutions across South Africa, Tanzania, Congo, Cameroon, and Nigeria. The latest additions, Morocco and Zambia, extend this footprint further and give merchants access to more local payment routes as they enter new markets.
The expansion goes beyond adding countries. In Nigeria, SPAYZ.io has strengthened its local offering with OPay and PalmPay alongside bank transfers, supporting both payin and payout flows. Across other African markets, the infrastructure combines local bank transfers and mobile money solutions depending on how customers actually prefer to pay.
From Entering Nigeria to Building Payment Trust
Nigeria has become an important example of what payment localisation means in practice for SPAYZ.io.
The company currently records an average Success Rate of 70% in the market, with bank transfers exceeding 77%, and OPay reaching 79%. Introducing familiar eWallets can improve results by a further 7–10%, showing the impact local payment habits can have on transaction performance.
The experience has also highlighted challenges beyond conversion. During payouts, SPAYZ.io identified a third-party fraud risk when users could redirect withdrawals to a bank account different from the one associated with the original payment. Working with its banking partner, we adjusted the payout logic so funds could only be returned to the user’s original bank account, closing the gap while keeping the payment journey straightforward.
Africa Expansion for Forex Brokers
Africa is becoming an increasingly important region for Forex businesses, but expanding here takes more than adding another payment method. The company’s experience in Nigeria has shown how strongly local payment habits, payout logic, and operational control can affect performance. At Forex Expo Dubai, SPAYZ.io will share these key learnings and discuss how brokers can build payment flows around the realities of individual African markets.
For Forex brokers, this market-by-market approach is becoming increasingly important. Payment behaviour in Nigeria differs from Tanzania, Zambia or Morocco, and infrastructure needs to reflect those differences. SPAYZ.io combines local payment methods with a single API integration, real-time transaction monitoring with P2P Agent Dashboard, and payment infrastructure built for High-Risk businesses.
Meet the SPAYZ.io team at Forex Expo Dubai 2026, 22–23 September at Dubai World Trade Centre to discuss new African payment routes and payment infrastructure for Forex businesses.
About SPAYZ.io
SPAYZ.io is on a mission to redefine the world of payments. By offering innovative, secure, and scalable payment solutions, the company helps businesses navigate complex financial ecosystems with ease. With a growing presence across Europe, Asia, and Africa, SPAYZ.io is at the forefront of building a more connected and efficient financial future.
Website: https://www.spayz.io/
Contact
Marketing Manager
Ksenia T
SPAYZ.io
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e65e821b-a828-477f-9eba-27ceeb87c0ce
