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Nairaland Forum / Nairaland / General / Investment / Slash Launches The First Escrow Marketplace In Nigeria (529 Views)
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Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 4:51pm On Jan 12, 2022 |
Lack of trust and delayed delivery have been the primary issues confronting e-commerce in Nigeria and throughout Africa. There are regular tales of scammers posing as respectable business owners in order to defraud consumers of their money. This development has produced a sense of insecurity among prospective E-commerce clients, with some avoiding online business or anything connected out of fear of falling victim to these hoodlums. is an online escrow marketplace where buyers and sellers connect to complete and secure transactions. Buyers can place orders for products or services advertised by merchants and pay through a “Slash Account.” The fund will be held by SLASH until the product/service is delivered. Furthermore, Slash enables buyers to transact directly with verified sellers regardless of their location. The two parties can define the transaction’s terms and conditions without any intermediary. Slash is great for freelancers, self-employed entrepreneurs, family enterprises, manufacturers, online retailers, suppliers and dropshippers, among others. According to the founder, Hakeem Abogunde, “despite the surge in internet penetration in Nigeria and Africa, more than 98 percent of Nigerians lack trust in e-commerce, with barely 1% of Nigerians routinely patronizing eCommerce.” We want to establish a system that everyone can trust. With the integrated delivery system, users will be able to follow their transaction from the point of sale until delivery.” Hakeem is a software engineer with extensive marketing and business development skills. As a result of his passion for e-commerce, he chose to develop long-term solutions to the major challenges confronting e-commerce in Nigeria and Africa. In 2019, he established Zcnox, an escrow marketplace that accepted cryptocurrency payments, but he was unable to continue due to cryptocurrency’s low level of adoption in Nigeria and its volatile nature, making it unsafe to use as a method of payment for goods and services. He began to consider a more acceptable alternative. He developed a beta version of the SLASH app for the Abuja market last year with a limited number of categories. It was enthusiastically received by the majority of sellers. SLASH currently have over 1,000 verified sellers and processes over ten million naira in transaction. SLASH is currently open to all Nigerians, with additional categories such as freelancing, autos & cars, and services. Speaking about the plan for year 2022, he said “This is our first public announcement since product introduction, We are aware that the escrow concept is relatively new in Nigeria. We’ve been educating sellers about the benefits of utilizing escrow to facilitate their online transactions. We look forward to collaborating with more businesses and individuals. We want everyone to take part. With escrow payment, we can develop a viable e-commerce system similar to Alibaba in Africa.”
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Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 2:31pm On Jan 17, 2022 |
DETAILED STEPS ON HOW TO USE THE SLASH ESCROW PROVIDER. What is the process of an escrow transaction on slash? Either the buyer or seller initiates the transaction. Buyer and seller agreed on the terms of trade. The buyer deposits funds into the "slash Account." Buyer and seller confirmed the product/service delivery. slash releases funds to the seller's account. Who can use slash escrow Service? slash is ideal for self-employed entrepreneurs, freelancers, family businesses, small-scale manufacturers, online retailers, dropshippers, etc. |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 2:36pm On Jan 17, 2022 |
Tried of paying for an item online to dubious persons try "Slash Escrow Provider" to experience safe and hassle free transactions. |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 2:37pm On Jan 17, 2022 |
Tried of paying for an item online to a dubious people try "Slash Escrow Provider" to experience safe and hassle free transactions. |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 3:00pm On Jan 17, 2022 |
Download the slash app to access to the" Slash Escrow Service". |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 3:00pm On Jan 17, 2022 |
slashpay: |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 3:01pm On Jan 17, 2022 |
Download the slash app to access the" Slash Escrow Service". |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 3:17pm On Jan 17, 2022 |
Protect yourself from scammers that pose as a buyer or seller, use "Slash Escrow Service" to enjoy maximum security while buying or selling online |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 4:10pm On Jan 17, 2022 |
Secure good deals online.... payment options.. use "Slash Escrow Service" to secure your transaction online.[/quote] |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 4:21pm On Jan 17, 2022 |
Slash Escrow Service is easy to use, reliable and fast for online transaction. |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 4:41pm On Jan 17, 2022 |
Partner with Slash Escrow Service now to guarantee safe business online. download the Slash app now. |
Re: Slash Launches The First Escrow Marketplace In Nigeria by slashpay: 4:53pm On Jan 17, 2022 |
USE SLASH ESCROW SERVICE AT SLASHED PRICE. ₦100,000-- 2.5% + ₦100 #100,000--499,999 -2% + ₦100 ₦500,000 -- ₦1,000,000 -1.5% + ₦100 above 1,000,000[/quote] https://bigslash.shop |
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