Nigerian fintech startup AtaraPay Dispatches Escrow Services.

Nigerian fintech startup AtaraPay Dispatches Escrow Services.

Nigerian fintech startup AtaraPay has propelled its escrow Service in an offer to give a trusted and dependable help that expels financial bottlenecks and resolves issues during exchanges. 

AtaraPay is a web and versatile instrument that can be utilized by the two merchants and purchasers for insurance during any on the web or disconnected business exchange through assets held bonded by a confided in outsider. 

Worked in view of the online business person, the stage plans to help internet based life venders, and has additionally built up a vigorous and point by point documentation entry on its modules to help installment integrators to convey escrow administration on web based business gateways. AtaraPay has cooperated Solidified Trademark Protection to ensure all assets. 

Organizer Yemi Adebiyi said the stage tended to the issue of trust among purchasers and venders in a manner that advances straightforwardness and secures the enthusiasm of the two players. 

“As an escrow service, AtaraPay protects the interest of both buyers and sellers by acting as a trusted third-party responsible for the collection of funds and only disburses funds when both parties are satisfied with the transaction. Their unique value proposition is that they limit the uncertainty of online sales and the risk of fraud,” he said.

“For AtaraPay, it goes beyond just solving the trust issue that hinders e-commerce. It hopes to serve as a commitment bridge between buyers and merchants with the aim of bringing about the end of the cash-on-delivery era.”

AtaraPay is a nonpartisan outsider controlled by CBN-Authorized banks to check and hold the purchaser’s cash until the merchant makes the guaranteed conveyance. The solitary online escrow administration with a protected innovation in Nigeria that gives continuous acknowledge or reject choice at purpose of conveyance by means of versatile.

Author

Tosin Agboola

Reporter with Ouut Africa.

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