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Author name: Korede Asojo

The Real Cost of Payment Downtime for Nigerian Businesses and How to Stay Ahead in 2026.

Leave a Comment / Finance, General /

On a busy Saturday afternoon in Lagos, a supermarket manager watches a line of customers grow restless as the POS terminal freezes again. A restaurant owner in Abuja refreshes her dashboard over and over, hoping a failed transfer finally reflect. A pharmacy in Ibadan loses a returning customer because “the network is bad.”  These moments look […]

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Why Timely Payment Disbursement Is a Game-Changer for Nigerian Businesses | VigiPay.

Leave a Comment / Finance, General, IMTOs /

In Business, Time Is More Than Money; It’s Trust! When employees, vendors, or service providers don’t receive their payments on time, it sends silent ripples through the entire system. Operations slow down, morale drops, and relationships that took months to build begin to strain. For many Nigerian businesses, from fast-growing startups to established SMEs, delayed

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How POS Terminals Are Empowering Nigeria’s Informal Economy

Leave a Comment / Finance, General, Wallet /

Walk through any Nigerian market today, from Balogun in Lagos to Mile 3 in Port Harcourt, and you’ll see something remarkable. Between trays of produce, plastic tables, and stalls of fabric, small POS terminals now sit proudly beside sellers. What was once a tool for large retailers and banks has become a lifeline for millions

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Why Same Day Settlement Is a Game Changer for Nigerian SMEs

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For small and medium-sized businesses in Nigeria, cash flow is everything. Whether you are running a retail store, a logistics outfit, or a food business, your ability to access funds quickly often determines how smoothly your operations run. Yet, many business owners still struggle with delayed settlements, waiting days before payments reflect in their accounts.

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Top 5 Things to Consider When Choosing a Remittance or Disbursement Partner in Nigeria.

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For businesses operating in Nigeria, whether you are managing supplier payments, paying salaries, or sending funds across borders, choosing the right remittance or disbursement partner is no longer just about convenience. It is about survival, efficiency, and growth.  The wrong partner can expose you to delays, hidden costs, and reputational damage. The right one becomes

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The Hidden Impact of Delayed Payments on Small Businesses in Nigeria 

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Running a small or medium-sized business in Nigeria is already tough. Between rising costs, changing market dynamics, and competition that grows fiercer by the day, entrepreneurs face enough pressure. Yet, one silent challenge often hits harder than most: delayed payments.  When customers, clients, or even financial systems hold back funds, the ripple effect on business

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5 Common POS Frustrations Nigerian Merchants Face and How to Solve Them.

Leave a Comment / Finance, General, Wallet /

If you’ve ever run a retail shop, salon, pharmacy, or even a fuel station in Nigeria, you already know: your POS machine can make or break your business. On a good day, it helps you move faster, serve better, and get paid with ease. But when things go wrong, the ripple effect is real, from

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How to Seamlessly Integrate Cross-Border Payments into Your Platform Using APIs

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Cross-border payments have become the heartbeat of modern digital platforms. Whether you’re running an e-commerce business, a gig marketplace, or a global remittance service, the ability to send money across borders quickly, reliably, and securely is no longer optional.  But the reality? It’s complex.  The Hidden Frictions of Cross-Border Payments  For many platforms looking to

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How Fintech Startups Can Launch Faster with Payment APIs: A Founder’s Guide 

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According to a 2023 McKinsey report, over 60% of African fintech startups cite infrastructure complexity as the top barrier to market launch. For founders juggling speed, compliance, and customer trust, the real competitive edge lies in how quickly you can go live, not how much infrastructure you can build from scratch.  The question isn’t just

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Enhancing Business Finance Through Effective Payment Collection Strategies

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In business finance, effective payment collection strategies serve as the lifeblood of sustained success and growth. Businesses, irrespective of their size or industry, rely on timely, accurate, and efficient payment collection processes to maintain cash flow, manage operations, and drive profitability. In this article, we’ll explore the significance of streamlined payment collection in business finance

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