Payments
Sending assets, and QR Pay.
Sending assets to people and addresses on any supported network, and paying merchants by scanning a QR code with Summo QR Pay.
01Sending assets
Assets can be sent to another Summo account by username, or to any address on a supported network. The address must belong to the same network as the asset being sent, and every address is screened against Summo’s blocklist of sanctioned and known-scam addresses. For the list of networks, see networks.
02QR Pay
With Summo QR Pay, the account holder pays a merchant in person by scanning the merchant’s QR code. The payment is settled from the account’s balance and delivered to the merchant in local currency through a settlement partner. No card is required.
QR Pay requires a verified account. Identity verification is completed once, in the app, before the first payment.
Familiar local methods
In many countries the payment reaches the merchant through a local payment method people already use. Networks like these serve hundreds of millions of people across Latin America and Africa.
M-Pesa
Pix
Yape
Bre-B
QR Pay is available in the following countries. Availability can vary by account as well as by country, to comply with applicable laws and regulations, and coverage expands over time. Countries listed as coming soon are planned and are not available yet.
A payment is funded from a stablecoin balance on one of the following networks; other assets must first be swapped to an accepted stablecoin.
A service fee applies to each payment; see what it costs below.
03What it costs
Sending assets carries the transaction fees described in fees and gas.
QR Pay carries a service fee that varies by country and by payment amount. The exact fee is itemized and shown before every payment is confirmed. The network fee is waived for QR Pay.