MOU Announcement Between KazePay and Ample Fintech – Advancing Web3 Payment Solutions

On November 6, 2024, KazePay and Ample Fintech signed a Memorandum of Understanding (MOU) to explore collaboration opportunities in advancing Web3 payment infrastructure and enhancing financial services. This agreement focuses on integrating Ample Fintech’s expertise in programmable payments, tokenization technologies, and cross-border financial solutions into KazePay’s ecosystem.

The collaboration will primarily benefit KazeRWAT, KazePay’s arm dedicated to real-world asset (RWA) tokenization and digital finance. Key areas of cooperation include:

1. Programmable Payments Integration: Streamlining crypto-to-fiat enterprise transactions with advanced SaaS solutions.
2. Digital Invoicing & Supply Chain Finance: Enabling tokenized invoicing and efficient liquidity management for SMEs.
3. Global Payroll Solutions: Automating cross-border payroll with stablecoin-based programmable payments.
4. Escrow Services for Trade: Leveraging Purpose-Bound Money (PBM) technology for secure and transparent international trade settlements.

This MOU marks the beginning of a collaborative journey aimed at simplifying enterprise payments, enhancing cross-border financial services, and fostering innovation in Web3 financial infrastructure.

Both KazePay and Ample Fintech are committed to driving financial inclusion and building a more efficient, secure, and scalable digital payment ecosystem.