Press Release

Katsire: South African Platform Revolutionizing Bitcoin Transactions for Safer E-Commerce

Katsire: South African Platform Revolutionizing Bitcoin Transactions for Safer E-Commerce

CAPE TOWN, SOUTH AFRICA, 20 October 2025 — South Africa-based Katsire is quickly emerging as a standout player in the global e-commerce landscape with its unique Bitcoin-powered escrow platform. Unlike many startups that typically emerge from the U.S. or Europe, where strict privacy regulations and transparency requirements often limit anonymity. Katsire is rooted in South Africa a country known for fostering privacy-focused companies. The platform aims to provide a safer and more secure way for buyers and sellers to transact anonymously, significantly reducing the risks of scams and theft – especially in the realm of in-person services.

Katsire’s platform allows users to sign up for free to conduct safe and anonymous transactions using Bitcoin. Through its financial escrow service, funds are held by Katsire until both parties fulfill their agreement, ensuring that both buyers and sellers are treated fairly. This is particularly valuable in the world of in-person services, where physical interaction often leaves both parties vulnerable to fraud. Even with traditional payment methods such as bank transfers sellers face the risk of chargebacks – a problem that Bitcoin transactions eliminate entirely.

“With Bitcoin, once the transaction is completed, there is no possibility of a chargeback. This gives sellers the certainty they need, unlike traditional bank payments where chargebacks can occur weeks after the service is delivered,” said Katsire Chief Technology Officer.

The idea for Katsire.com was conceived by the platform’s CTO as far back as early 2015. At the time, however, the technology landscape was not yet ready to support such an ambitious platform. The infrastructure and widespread adoption of cryptocurrencies were still in their infancy, and the legal and regulatory environment was not as conducive to this type of service. But with the recent evolution in cryptocurrency policies, greater accessibility to digital currencies, and a growing demand for secure online payment solutions, Katsire has emerged as a timely and innovative response to these market needs.

Since its pre-launch phase, Katsire has exceeded its goals by 350% in user registration, with active daily members surpassing anticipated figures by more than 150%. Notably, there has been a higher-than-expected interest from North American markets, signaling a strong demand for a Bitcoin-powered escrow platform in regions with growing cryptocurrency adoption. The platform is on track for a full launch by the end of 2025, with plans to refine its features and expand its growing community. By the end of the year, Katsire expects to draw significant interest from users in the UK, Europe, South America, Asia, and across Africa, further solidifying its international presence.

“As a platform built by South Africans for the world, our goal is to bridge the gap between trust and technology, empowering individuals to safely transact with Bitcoin—without the fear of being scammed or dealing with the uncertainties of chargebacks,” said Muhammad Qureshi, CEO of Katsire.

The platform’s ability to combine cryptocurrency with secure escrow services is already gaining attention especially in regions where digital privacy is paramount and traditional banking infrastructure may not be as accessible. Katsire’s innovative solution is reshaping how digital transactions are conducted, particularly in markets where in-person services are common.

Katsire is set to expand further with new features aimed at enhancing its platform’s capabilities and continuing its mission to create a safer, more reliable online marketplace for all.

Visit Katsire.com for more.

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About Katsire

Katsire is a South African-based e-commerce platform offering secure and anonymous Bitcoin transactions through its financial escrow service. Focused on minimizing fraud and eliminating chargeback risks, Katsire is reshaping how buyers and sellers interact, particularly in markets where in-person services and digital privacy are essential. Set to launch fully in 2025, the platform is rapidly becoming a trusted solution for secure transactions in emerging markets.

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