AXIchain’s AXIpay fintech serves as a hub, connecting to the suite of AXIchain services for finance and payments management.
Finance - AXIchain has partnered with De Lage Landen (DLL) to combine the technology solutions of AXIchain and the financial power of DLL to provide livestock finance to AXIchain customers. Seamless integration of DLL financial services with AXIchain technology through AXIfarm and Smart Trader, provides customers with an all-in-one finance and payments solution for livestock.
Payments - AXIpay leverages off a major global payment provider, Western Union for internationally domiciled client on-boarding in over 50 countries, near real-time payments, improved FX rates, escrow structured remittance and lending services - all underpinned by AXIpay’s blockchain technology and smart contracts.
Livestock Finance Key Features
100% Finance available of invoiced purchase price - Cattle only at the moment.
Maximum Term: Up to 24 Months
Interest rate: currently 9.95% p.a. Interest charged monthly to customers nominated account by direct debit
Loan Security: Registered secured interest on financed cattle
Applications up to $250k are subject to a Low Doc process. Full financial information is required for higher limits
$150.00 fee per drawdown
Finance is available to approved AXIchain customers for business purposes
Terms and conditions apply
Payments Key Features
Domestic “escrow” style remittance process which is linked to the AXIchain smart contract for livestock payments
Domestic maximum 24-hour payment turnaround times. (Near real time where possible)
On site private/paddock point of sale (POS) invoicing, credit card processing
AXIchain partners with Western Union Business Solutions
AXIchain is proud to announce a strategic partnership with Western Union Business Solutions to underpin the financial integrity of its end-to-end digital supply chain...