How Fintech is helping to improve business
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
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
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 […]
Are you a Freelancer? Here’s how to ensure that clients always pay for your services
Does this sound familiar? You spend your time and money to meet a client at a bar, discuss their project, slave away to meet their deadline, only for them to “ghost” you when it’s time to pay!. You’ve sent invoices, texted, called, emailed and even threatened to take down the project – yet, nothing. You […]
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 […]
Partnership Announcement
This week, we’re excited to announce our strategic partnership with Zenith Bank PLC. Through their payment gateway, GlobalPay, Vesicash users will be able to fund their escrow transactions with their Nigerian or foreign Debit or credit cards seamlessly. Why Zenith Bank? Zenith Bank PLC, a financial institution recognized for innovation and superior performance, is headquartered […]
How can an Escrow service help your hustle?
Vesicash is all about helping your business grow. Our flagship product, Vesicash Escrow is a unique system that is solving a big pain point for business owners and entrepreneurs in Nigeria. You might be wondering what value using an escrow system could bring to your business, (or what Escrow actually means?)Well, wonder not, instead check […]
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 […]