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 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 […]
Guest Post: How Vesicash is changing the face of online and marketplace transactions in Nigeria
In a country with a growing rate of access to the internet, Nigeria boasts of at least 10 new businesses springing up everyday online. By this I mean, not physical shops, just businesses that exist purely on social media platforms like Instagram, Facebook and Twitter. Some even go the extra mile to develop and operate […]
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 […]
What is Escrow and how does it work?
Escrow transactions are financial arrangements where a trusted third party holds and regulates payment of the funds required for two or more parties involved in that transaction. Escrow ensures that transactions are carried out according to the agreed terms and conditions. Vesicash Escrow makes transactions more secure by keeping the payment in a secure escrow […]