Busha, a licensed digital asset exchange operating in Nigeria has partnered with global payments leader Mastercard to integrate crypto-to-fiat payment capabilities for local users.
Pan-African digital asset exchange Busha has partnered with Mastercard to integrate the Mastercard Crypto Credential service across its platform, making it easier and safer for Nigerian users to send and receive digital assets.
The integration makes Busha one of the first cryptocurrency exchanges in Africa to adopt the credentialing technology, which replaces long, complex blockchain wallet addresses with simple verified aliases linked directly to a user’s email address or phone number.
Traditionally, transferring cryptocurrency requires users to input lengthy strings of letters and numbers, creating friction and increasing the risk of costly mistakes if an address is typed incorrectly.
Under the new system, verified Busha users can share a straightforward alias instead of a raw wallet address. Before any funds are sent, the underlying system automatically runs background checks to confirm that the recipient’s endpoint is verified by Mastercard standards and capable of receiving the specific asset on the intended blockchain network. This automated check drastically reduces misdirected or failed transactions.
Because account verification is handled directly at the platform level, eligible Busha users in Nigeria do not need to go through additional registration steps. The Crypto Credential alias is issued automatically as part of their existing Busha account.
Furthermore, the aliases are designed to work across different platforms. Busha users can transfer supported digital assets not only among themselves but also to verified accounts on other participating exchanges and wallets within the broader Mastercard Crypto Credential network.
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The collaboration reflects a broader effort to make digital assets more practical for daily use including personal investments, international remittances and cross-border trade.
Leadership from both companies noted that removing technical barriers and applying rigorous verification standards builds trust in digital finance, helping position digital asset transfers as intuitive and reliable as traditional digital payments for consumers and businesses across Africa.
