Just three months into operations, Nearpays, a Nigerian fintech company has made significant progress. The company has onboarded over 400 SMEs and manages rural transactions, with 63% of weekly transactions taking place in rural and urban areas. Indeed, by partnering with a wide range of SMEs, including retailers, supermarkets and transport providers, Nearpays enables them to accept digital payments from their customers, which can help them increase their sales and grow their business. activity. Meanwhile, the platform offers merchants a variety of digital financial services, including mobile money, point-of-sale (POS) payments and money transfers. The company also offers a range of value-added services, such as real-time transaction monitoring, branch management and customer loyalty programs.
“Nearpays is committed to providing financial inclusion to all Nigerians, regardless of location or income level. The company's platform is designed to be easy to use and affordable, even for the smallest businesses,” says Victor Daniyan, the founder of the young company.
Through its rural virtual point of sale solution, Nearpays makes it easier for people in rural areas to send and receive money, pay for goods and services, and access financial services. “This is important because rural communities are often underserved by traditional financial institutions. Nearpays helps fill this gap by providing rural residents with access to digital financial services.
A major innovation that is growing rapidly, with its weekly subscription transaction volume has increased by 63% in the last three months. This growth is driven by the increasing adoption of digital payments in Nigeria.”
It also benefits from the growing adoption of digital payments in Nigeria. To do this, it plans to expand its partner network to include more SMEs, banks and other large-scale businesses. This will help Nearpays reach more customers and offer a wider range of services. Which will ultimately help make Nearpays a one-stop shop for financial services for Nigerians and other countries in Africa. All with one goal, to make financial services accessible and affordable for everyone.
