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 Read more…
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 Read more…
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 Read more…
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 Read more…
Reading Time: 3 minutes 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 Read more…
Reading Time: < 1 minute 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 Read more…
Reading Time: 4 minutes 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 Read more…
Reading Time: 4 minutes 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 Read more…