EscrowPay launches WhatsApp escrow to solve Nigeria’s ecommerce trust gap

EscrowPay launches WhatsApp escrow to solve Nigeria’s ecommerce trust gap

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247GistMan in Business & Making Money August 3, 2026, 1:15 pm

EscrowPay, Nigeria's first WhatsApp-native escrow service, launched by EscrowLink Technologies Limited (RC 9473181) and registered with the Nigeria Data Protection Commission, lets buyers and sellers transact safely without leaving WhatsApp. The buyer sends payment to a licensed bank-held escrow; the seller ships only after seeing the funds secured, and the money is released once the buyer confirms receipt. If something goes wrong, the buyer can be refunded. Both parties are identity-verified, removing anonymity that scammers exploit. The service tackles the trust gap that has kept Nigerian ecommerce below its potential: fear of scams pushes buyers to cash-on-delivery or to trade only with known contacts, limiting growth for new vendors and cross-distance trade. By holding funds in a regulated bank and verifying users, EscrowPay lets strangers trade as safely as acquaintances, unlocking latent commercial energy across the country. To start a safe deal, send 'Hello' on WhatsApp to 0705 500 0705—no app download required. Will you try EscrowPay for your next online purchase, or stick with cash-on-delivery despite its limits?


SOURCE: https://nairametrics.com/2026/08/03/the-trust-problem-killing-nigerian-ecommerce-and-how-it-gets-solved/


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