Globally, Chamet’s instant recharge service has covered over 190 countries and regions, but there are significant differences in actual availability. According to the 2024 Digital Payment Availability Report, the platform provides services through 32 exchange channels between fiat currencies and cryptocurrencies, supporting instant exchange of major currencies such as the US dollar, euro, and British pound, with exchange rate deviations controlled within 0.15%. In North America and Europe, 99.2% of recharge requests can be completed within 45 seconds, while the average processing time in Asia is 38 seconds, thanks to the denser distribution of blockchain nodes in this region.
In terms of technical infrastructure, Chamet adopts a distributed server architecture and has deployed 28 data centers globally. Each data center is equipped with a clearing system capable of handling 1,200 transactions per second, which automatically selects the optimal blockchain network through an intelligent routing algorithm. When a user initiates the chamet recharge operation, the system will analyze the network congestion situation within 0.3 seconds and select the channel with the lowest transaction fee and the fastest speed from 12 public chains such as Ethereum and BNB Chain. Measured data shows that this mechanism has raised the transaction success rate to 99.8%, an increase of 7.5 percentage points compared with the same period in 2023.
Regional compliance differences directly affect service availability. At present, 17 countries (including Iran, Cuba, etc.) are unable to use the full service due to economic sanctions, and another 35 countries require additional verification processes. For instance, in Indonesia, according to the new fintech regulatory rules in 2023, a single recharge exceeding 1 million Indonesian rupiah (approximately 64 US dollars) requires biometric verification, and the average time taken for this process has increased by 120 seconds. Exchanges certified by the Financial Services Agency of Japan are required to strictly enforce the JMLSG anti-money laundering standards, which results in an additional 3 to 5 minutes of identity verification time for the first recharge.
Actual user experience data indicates that there are regional fluctuations in service quality. According to the user survey report for the first quarter of 2024, users in Singapore enjoy the fastest recharge experience, with an average confirmation time of 27 seconds, while users in Argentina have to wait for an average of 4.5 minutes due to local financial regulations. In Africa, the integration of mobile money in countries such as Nigeria and Kenya has increased recharge efficiency by 40%, but unstable networks have led to 15% of transactions requiring retry mechanisms. The platform has increased the overall success rate in Africa from 83% to 94% within 12 months by deploying local payment gateways.
The changing global regulatory environment continues to affect service coverage. After the implementation of the EU MiCA regulation in 2023, the platform invested 2 million US dollars in compliance renovations, reducing the transaction rejection rate in European Economic Area countries from 5.7% to 1.2%. On the contrary, in the first quarter of 2024, the Central Bank of Nigeria banned cryptocurrency trading, forcing local users to complete operations through P2P markets and extending the average processing time to 12 minutes. These dynamic adjustments indicate that although global instant recharge capabilities have been achieved at the technical level, geopolitical and regulatory factors remain key variables affecting service availability.