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 […]
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 […]