‘I was issued a fake bank alert,’ IG vendor recounts.
I have heard different tales of people getting duped and the people at the receiving end the most have been the Buyers- many have taken to social media pages to lament their woes in the hands of Vendors that they trusted and the issue of trust became a big issue for the lot of us […]
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 […]
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 […]
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 […]