Trizact Escrow is the solution for customers unwilling to pay before delivery

Reading Time: 3 minutes For anyone who knows that I have run an online shop for almost 3 years now, they will be surprised to see that I have been cheated on numerous occasions. From the day I got an order for a crepe party dress that was never received from the delivery guy after I had it shipped into the country to the time I sold a wig worth 35,000 naira that got returned with the excuse that Read more…

Tips on how to build a web presence for your business

Reading Time: 2 minutes Ensuring your business has a strong web presence is a value that cannot be overemphasized because of its importance. Running a business is just a part of the wheel while ensuring that the business is easily noticeable online is another important part- both work hand in hand to help you achieve your business goals. Picture having a business that no one hears about or can’t find anywhere in this age of search engines, that won’t Read more…

online shopping

How using escrow prevented me from getting scammed online

Reading Time: 2 minutes 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 online store. If it is possible to go back in time to the days when online stores were legit and Read more…

Digital economy image

Digital Economy as the latest deal

Reading Time: 3 minutes What is digital economy? Can you still remember the last time you bought an item physically? When was the last time you had to visit the bank to get your bank statement? As a seller or service provider, when was the last time you went through the stress of showing your goods or end product to the seller in person? If you cannot easily recollect the last time you did any of the aforementioned, then Read more…

Now is the time to take that business online

Reading Time: 3 minutes Now is the time to take that business online With the digital economy firmly taking root in our everyday patterns of handling business, there is an increase in the need for businesses, either small or big to have an online presence. However, building an online presence is not only a necessity when you render online services or sell online. You might have a physical shop and your goods and services are not available online. Regardless, Read more…

Fintech

How Fintech is helping to improve business

Reading Time: 3 minutes 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 applied and has it helped people carry out better business transactions? What is Fintech? Fintech (short for Financial Technology) are Read more…

Using Escrow for your Freelance Gigs

Reading Time: 2 minutes 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. D). They both discuss and reach an agreement that D would get paid after submitting 50 copies for Mr. A’s Read more…

3 reasons why online marketplaces should embrace Escrow

Reading Time: 2 minutes 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 products and services, while the exchange of money, goods or services takes place offline. For goods based transactions, buyers and Read more…

New to Instagram commerce? Here’s what you need to know

Reading Time: 3 minutes Instagram is one of the most popular social networks in the world, especially among youths. As of July 2019, there are 5.6M Instagram users in Nigeria, most of which are are aged 18-44 and 80% of all Instagram accounts follow a business profile. Furthermore, 60% of Instagram users find new products through this platform, and 75% users take an action after viewing a post – either they visit the brand’s website or send a DM Read more…

Are you a Freelancer? Here’s how to ensure that clients always pay for your services

Reading Time: 2 minutes 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 get tired of chasing and you decided to leave them to fate For a long time, freelancers – software developers, Read more…