Link, checkout or API
Share a payment link, redirect to a hosted page or create payments through the API from your own site.
Stablecoins · Namibia
Accept USDT and USDC payments in Namibia
Collect USDT and USDC payments in Namibia through a payment link, hosted checkout or API, using the assets and networks enabled for your account.
Create a business account
Stablecoin payments in Namibia depend on your account, its verification and the assets and networks enabled.
USDT
USDCStablecoin payments
Your prices in local currency.
Your customers pay in USDT or USDC while you price and keep your accounts in NAD. The checkout shows the asset, network, amount and address for each payment, and your merchant workspace tracks its confirmation. Assets, networks and limits depend on your account and its verification.
Exact instructions for every payment
The customer sees the asset, network, amount and address to use. Sending on the wrong network can lose funds.
Confirmation tracking
Fulfil only when the payment shows confirmed in your merchant workspace, never on the strength of a screenshot.
Know the risks
Stablecoins are designed to track the US dollar but can deviate. They carry issuer, market and network risks and are not bank deposits.
How it works
Create your business account
Register your business in Namibia and complete the required verification. Enabled features appear in your workspace.
Create the payment
Generate a link, a checkout or an API payment for the order amount.
The customer pays in stablecoins
The customer sends the exact asset on the stated network to the address shown for that payment.
Reconcile and fulfil
Track the confirmation in your merchant workspace, then process the order.
Accepting stablecoins in Namibia: what to check before your first order
The Namibia dollar (NAD) is issued by the Bank of Namibia, the only institution entitled by law to issue its notes and coins, and it is pegged one-to-one to the South African rand within the Common Monetary Area. If stablecoin payments are enabled for your account, customers pay in USDT or USDC while your business keeps pricing, invoicing and accounting in NAD terms. Decide how you record the NAD value of each payment before you start, and use the same method for orders, refunds and reports. Stablecoins are not bank deposits and carry issuer, market and network risk.
What the Bank of Namibia has said
In an August 2023 media release, the Bank of Namibia said the Virtual Assets Act, 2023 (Act No. 10 of 2023) became operational on 25 July 2023 and that the Bank will license, regulate and supervise virtual asset service providers. The same release states that virtual currencies will not enjoy legal tender status like the Namibian dollar, and that accepting them for goods and services is at the discretion of the merchant and buyer. The Bank has also warned the public about the risks of investing in virtual assets. Check with your legal adviser how the Act applies to your business.
Cross-border customers and exchange control
Namibia belongs to the Common Monetary Area with South Africa, Lesotho and Eswatini, which the Bank of Namibia describes as keeping a common exchange control regime with the rest of the world. Exchange control is administered by the Bank of Namibia, which has delegated some functions to Authorised Dealers. If customers outside Namibia pay you in stablecoins, check with your bank or adviser how these rules affect your records and conversions, and keep the NAD value, date and order reference for each payment.
Fulfil only on a confirmed payment
Release goods or services only once the payment shows as confirmed in your ZyndPay workspace, never on the strength of a screenshot, transaction hash or chat message from the customer. Check that the asset and network match the checkout before treating the order as paid. If you refund, return the same asset on the same network to an address the customer confirms, and keep the order reference with the refund record. Explain this policy before payment so customers know how disputes are handled.
These Bank of Namibia pages describe Namibia’s currency, exchange control framework and virtual asset legislation. They do not establish a ZyndPay licence, partnership, regulatory approval, or availability for your account.
FAQ
Your questions. Answered.
Can a business in Namibia accept USDT with ZyndPay?
If stablecoin payments are enabled for your account after verification, you can create USDT and USDC links, checkouts or API payments. Availability depends on your account and the checks that apply.
Do my customers in Namibia need a ZyndPay account?
No. Customers pay from the wallet of their choice, following the asset, network and address shown on the payment page.
How do I price in NAD?
You keep your prices and accounts in NAD. The stablecoin amount to pay is shown to the customer before payment; check the terms and fees in your workspace before you start.
How do refunds work?
Refund in the same asset and on the same network, to an address the customer confirms. Keep the reference of the original payment.
Are USDT and USDC legal tender in Namibia?
No. In its August 2023 media release on the Virtual Assets Act, the Bank of Namibia stated that virtual currencies will not enjoy legal tender status such as that accorded to the Namibian dollar, and that their acceptance for goods and services is at the discretion of the merchant and buyer.
Who supervises virtual asset service providers in Namibia?
The Bank of Namibia. According to its August 2023 media release, the Minister of Finance and Public Enterprises designated the Bank as the prudential regulatory authority under section 5 of the Virtual Assets Act, 2023, to license, regulate and supervise virtual asset service providers.