WalletConnect Pay goes live in South Africa through Ezeebit, with The Capital as first merchant

WalletConnect has launched WalletConnect Pay in South Africa via an integration with Ezeebit, giving merchants a way to accept stablecoins and cryptocurrency in-store and online, with instant settlement in stablecoins or fiat. For PSPs and merchant acquirers in high-risk verticals, the relevant part is simple: the stack is now live, the merchant flow is already in production, and settlement choice sits on the merchant side.

1. Ezeebit, which serves African businesses as a crypto payment provider, is the integration partner. Merchants connect once to Ezeebit’s existing infrastructure and then gain access to WalletConnect-compatible wallets, with the companies saying the service is available to all 13 of The Capital’s locations in South Africa.
2. The first partner is The Capital, a hotel and apartment company operating across several cities in South Africa. Guests can pay from more than 700 wallets, and The Capital receives funds immediately. To support the launch, customers receive 2% cashback in the WCT token on every purchase.
3. WalletConnect Pay supports multiple assets across different networks: USDC, USDT and ETH on Ethereum; USDT and BNB on BNB Smart Chain; and USDC and USDT on Solana. Merchants can choose whether settlement lands in stablecoins or fiat, which is the part that matters operationally if treasury, exposure, and payout rails are being decided at the merchant level.
4. The launch lands alongside a strong growth print for onchain activity in Sub-Saharan Africa. According to Chainalysis, the region received more than $205 billion between July 2024 and June 2025, up 52% year on year and third in growth behind Asia Pacific and Latin America.
5. WalletConnect says over 900 million users in different parts of the world are already registered, and over $400 billion worth of transactions were processed in 2025. The company also says the new flow removes a common friction point in crypto payments: customers no longer need to type in the amount manually, since it is already embedded in the transaction and only needs confirmation before processing.

Jess Houlgrave, CEO at WalletConnect, framed South Africa as one of the continent’s most dynamic digital payments markets, while Daniel Katz, CEO of Ezeebit, said the launch at The Capital is only the beginning and that the companies plan to expand the service to other businesses across Africa.