Finex Pay · Bitcoin to rand
Coming soonPay with bitcoin.
They get rand.
For people in the US, UK and Europe paying someone in South Africa. Pay a Lightning invoice from your bitcoin app, and they get rand in their South African bank account. You see exactly what they’ll get before you pay.
Bitcoin payments aren’t open yet. You can register and complete your identity checks now; the option appears in the app once it opens.
Review your quote
ExampleThandi Mokoena
Recipient · South African bank account
Total you pay
0.00099999 BTC
They get
R 1,890.26
- Fees included
- 0.00000512 BTC (0.51%)
- Amount converted
- 0.00099487 BTC
- Exchange rate
- 1 BTC = R 1,900,007
- Pay by
- Bitcoin Lightning
- Built for the US, UK and Europe
- Where Finex Pay can’t take your dollars, pounds or euros directly yet.
- Any Lightning wallet
- Pay from the bitcoin app you already use.
- We don’t hold your funds
- Finex Pay does not receive or hold funds. We facilitate transactions between licensed entities.
- Identity-checked on both sides
- You and your recipient each have a verified Finex Pay account.
The route
From the US, UK or Europe
to a bank account in South Africa.
Finex Pay can’t take dollars, pounds or euros directly yet. Bitcoin bridges the gap: buy it where you live, pay our Lightning invoice, and the person you’re paying gets rand.
- Where you are
The US, the UK or Europe
Your money starts in your own currency, in your own country.
- USD
- GBP
- EUR
- Buy bitcoin
In an app that pays Lightning
Such as Strike or Coinbase. Already hold bitcoin in a Lightning wallet? Use that.
- BTC
- Pay the invoice
One invoice, exact amount
A Lightning invoice with the amount, a time limit and your reference.
- Lightning
- They get
Rand in their bank account
Converted at the rate in your quote and paid into the South African account you saved.
- ZAR
Where to get bitcoin that pays Lightning
- US · UK · supported EU countriesStrikeBuy bitcoin and pay a Lightning invoice from the Strike app.
- US · UK · EUCoinbaseBuy bitcoin and send it over Lightning. Lightning isn’t offered to Coinbase customers in New York.
- Anywhere you hold bitcoinYour own Lightning walletAny wallet that can pay a Lightning invoice works, on your phone or by scanning the QR code.
Angola: not yet. It’s a priority, but we haven’t yet confirmed a way to buy bitcoin there that works for this payment.
Strike and Coinbase are independent services, not Finex Pay partners. Their availability, fees, limits and terms apply, and each provider decides what its customers may use it for.
Finex Pay does not receive or hold funds. We facilitate transactions between licensed entities.
How it works
Four steps.
Then they get rand.
First, register with your mobile number and ID, and pass the identity checks. You can send once your profile is approved.
- 01
Add who you’re paying
Save their South African bank account once. Your recipient needs their own Finex Pay account, so both sides are verified.
- 02
Check the quote
See the bitcoin you pay, our fee, the rate and the rand they get. Nothing is committed yet.
- 03
Pay from your wallet
Tap Open in wallet on your phone, or scan the QR code from another device. Pay before the countdown ends.
- 04
They get rand
Once your bitcoin arrives, we pay the rand into their bank account. Your receipt has a reference to quote if you need help.
Sample screens from the Finex Pay app. Names, amounts and rates are examples.
The invoice
One invoice.
Clear at every step.
- The exact amount, in the invoice
- The Lightning invoice carries the bitcoin amount, so your wallet pays exactly that. Our fee is already included.
- A clock you can see
- The invoice shows how long you have to pay. Your rate is locked when you confirm the quote.
- Expired? Nothing is taken
- Get a new invoice in one tap. It keeps the rand amount your recipient gets; the bitcoin amount follows the current rate.
- You can close the app
- Once your bitcoin arrives, the payment carries on. Every payment stays in History with its state and reference.
Guardrails
Simple to pay.
Checked on both sides.
Only approved customers send
Your identity checks must be complete and your profile approved. If it’s still being reviewed, the app tells you why you can’t send yet.
Recipients are verified too
The rand only goes to a recipient you saved, who has their own verified Finex Pay account.
At least R50 to your recipient
If an amount is below the minimum, the app tells you before you continue. Payment limits apply and are shown in the app.
No payment without your go-ahead
A quote is not a payment. Nothing moves until you pay the invoice from your wallet.
Straight answers
Paying with bitcoin,
answered.
- Why bitcoin?
Finex Pay can’t take dollars, pounds or euros directly yet. Paying with bitcoin over Lightning lets you pay from where you live, and your recipient still gets rand in their South African bank account.
- I don’t have bitcoin. Where do I get it?
Buy it in an app that can send bitcoin over Lightning, such as Strike or Coinbase, where they’re available to you. They’re independent services, not Finex Pay partners: their fees and terms apply.
- Can I pay from Angola?
Not yet. Angola is a priority, but we haven’t yet confirmed a way to buy bitcoin there that works for this payment.
- Which wallets can I use?
Any Bitcoin wallet that can pay a Lightning invoice. On your phone, Open in wallet opens your wallet with the invoice filled in. From another device, scan the QR code.
- How much bitcoin do I pay?
The amount on the invoice. It covers what your recipient gets plus our fee, which is included. Your wallet may add its own small network fee.
- What if the invoice expires before I pay?
Nothing is taken from your wallet. Get a new invoice in one tap: your recipient still gets the same rand amount, and the bitcoin amount follows the current rate.
- Does Finex Pay hold my bitcoin?
No. You pay from your own wallet, and Finex Pay does not receive or hold funds. We facilitate transactions between licensed entities.
- Is this an investment product?
No. It’s a way to pay someone in South Africa with bitcoin you already hold. Finex Pay doesn’t sell you bitcoin or give investment advice.
- Who can I pay?
Someone with a South African bank account and their own Finex Pay account. They sign up with their mobile number and pass the same identity checks as you.
- Is there a minimum or a limit?
Your recipient must get at least R50. Payment limits apply; the app shows them before you pay.
- How do I get help or make a complaint?
Quote the reference on your receipt. Call 0861 111 842 or use the Finex Pay contact form. Complaints should first be raised with Finex Pay. If you are unsure which ombud can assist, the Ombud Council can guide you.
Get started
Get verified now.
Pay when it opens.
Bitcoin payments aren’t open yet. You can register and complete your identity checks now; the option appears in the app once it opens.