How using escrow prevented me from getting scammed online

Online shopping has become a hobby for me and nothing has given me more satisfaction than searching for my needs online and getting them delivered to my doorstep. In fact, I have gotten so accustomed to buying online that I would gladly drive by stores, do some window-shopping and then proceed to buy from an […]

How Fintech is helping to improve business

Fintech

With everyone always looking for an easier way to do things, businesses and finance areas have recently been penetrated by the use of Fintech. Hardly will there be any conversation bordering around finance, banking and business transactions that the mention of Fintech will not come up. What is Fintechs? In what areas can it be […]

Using Escrow for your Freelance Gigs

Customer Support

In simple terms, Escrow is when a third party holds funds until the provider of services or Seller, and the Buyer (receiver of the services) reach an agreement and are satisfied with the terms of the deal. For example, Mr. A sees an the profile of a freelance copywriter online and he contacts him (Mr. […]

3 reasons why online marketplaces should embrace Escrow

P2P Transaction

Online marketplaces like Fiverr, Jiji, Jumia, and Konga along with social channels like Facebook, Instagram and WhatsApp have made digital commerce a lot easier for buyers and sellers in Africa. However, one friction point that still exists is in the payment processes across these platforms. Typically, most marketplaces allow sellers and service providers list their […]

New to Instagram commerce? Here’s what you need to know

Instagram is one of the most popular social networks in the world, especially among youths. As of July 2019, there are 5.6M Instagram users in Nigeria, most of which are are aged 18-44 and 80% of all Instagram accounts follow a business profile. Furthermore, 60% of Instagram users find new products through this platform, and […]

How to buy or sell with Escrow in Nigeria

How to buy or sell with Escrow in Nigeria Let me guess; you saw an item online that you really like. You’re ready to purchase it but here comes the skepticism; you’re not sure the item will actually be as described or if it will be delivered at all once you make payment. Once you […]

Building a trust-centred marketplace

Online marketplaces seem to be all the rave right now. Essentially, a good marketplace gives buyers a range of choices in what they would like to buy, as well as giving sellers a variety of people to sell to. Entrepreneurs and freelancers in Nigeria have been able to circumvent the pitiless formal labor markets and […]