The Truth About Settlements Process in Merchant of Record you need to know

In today’s global marketplace, businesses of all sizes are constantly seeking ways to expand their reach and increase revenue streams. One crucial aspect of managing international sales is handling settlements and payouts efficiently and securely. This is where the concept of a “Merchant of Record” (MoR) comes into play. In this blog post, we will […]

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 […]

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 Solutions

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 […]