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  • Writer's pictureKutana Africa

Navigating The Perils of Global Payments: Insights & Solutions

In the ever-evolving landscape of global commerce, the journey of payments has become fraught with peril. Through diligent research conducted during our developmental phase, we unearthed staggering revelations that underscore the urgent need for a robust and safer way for B2B transactions.

1. Shipping Fraud Soars: An 800% Surge Globally 

The year 2021 witnessed an alarming surge in shipping fraud, skyrocketing by a staggering 800%, as reported by Transunion. This exponential rise is primarily attributed to the burgeoning realm of e-commerce. Consider this: engaging in a new shipment with a previously unfamiliar supplier on an e-commerce platform now entails an alarming 8-fold increase in the risk of falling victim to fraud. The implications are nothing short of scary.

2. Over 100 Businesses Suffer Losses Exceeding USD 1 Million Due to Platform Fraud 

A sobering report from PwC reveals that more than 100 businesses experienced financial losses surpassing USD 1 million due to platform fraud. Shockingly, over 50% of executives from large organizations surveyed attributed these losses to fraudulent activities. It is an unsettling reality, one that likely amplifies the plight of countless small businesses and individuals at the bottom, of the pyramid.

3. The Grim Reality: Your First Payment Could Be Your Last 

Amidst the exorbitant costs associated with SWIFT payments across Africa, the specter of fraud looms ominously. For many traders and businesses, the grim possibility of being unable to make a second payment due to fraudulent activity poses an existential threat.

Join Us in Crafting a Safer Tomorrow 

In response to these dire circumstances, we have endeavored to create KutanaPay—an innovative solution designed to safeguard your transactions. With our escrow arrangement, payments are conducted securely, fostering trust between you and the recipient. Moreover, our platform offers unparalleled flexibility, allowing you to tailor payment terms to suit your unique needs.

Take Action: Join Our Exclusive Beta Testing 

We invite you to be part of our mission to revolutionize global payments. Join our exclusive Beta testing program and experience firsthand the security and convenience that KutanaPay offers. Together, let us forge a path towards a safer, more resilient future in the realm of commerce.

Sign Up Now via:

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