# GemRails

> Accept digital assets, get Naira instantly

GemRails is a payment platform that lets Nigerian merchants accept stablecoin payments and receive instant settlement in Naira.

GemRails is a digital asset checkout payment company that gives merchants in Nigeria a way to accept stablecoin payments without handling crypto directly. Customers scan a merchant QR code and pay with stablecoins, and GemRails converts the funds and settles them in local currency to the merchant bank account. The service targets small and medium businesses seeking simple, borderless payment acceptance without requiring blockchain expertise.

The platform addresses a gap between growing stablecoin adoption and limited everyday spending options by acting as an infrastructure layer between blockchain networks and traditional banking systems. It includes built-in transaction monitoring and compliance checks so merchants can accept payments while meeting local regulatory expectations. Settlement is designed to complete quickly after a payment is confirmed, converting stablecoins into fiat without exposing merchants to price volatility.

GemRails centers its offering on merchant checkout and settlement infrastructure, paired with a merchant dashboard for tracking transactions. It is used by retail and service businesses that want to accept payments in stablecoins while continuing to operate with local currency. The company currently serves merchants in Nigeria and has stated plans to expand into other African markets.

- Type: Company
- Sector: Payments
- Status: Active
- Founded: 2025-01-01
- Profile: https://thegrid.id/profiles/gemrails

## Products

- [GemRails](https://thegrid.id/profiles/gemrails): GemRails is a merchant payment gateway that enables Nigerian businesses to accept stablecoin payments and receive instant naira settlement to their bank accounts. Customers pay by scanning a merchant QR code with stablecoins, and the platform automatically converts the payment and settles funds within seconds. Merchants access a dashboard for transaction monitoring and can integrate payments through an API or checkout flow. (Merchant Payment Gateway, Live, Main Product)

## Links

- [Main](https://gemrails.com)
- [Terms of Service](https://gemrails.com/terms)
- [Privacy policy](https://gemrails.com/privacy)
- [TikTok](https://www.tiktok.com/@gemrails)
- [Instagram](https://www.instagram.com/gemrails?igsh=Y2NmaDJ2OWh1M2U1)
- [LinkedIn](https://www.linkedin.com/company/gem-rails)

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- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
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- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
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- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP