SocialPay, a safe and easy service from Sterling Bank Plc, allowing buyers and sellers on Social Media to make and receive payments via a link. Physical store owners and businesses selling on Facebook, Instagram, WhatsApp, and Twitter may now use the newly launched solution to accept safe online payments.
They may generate and distribute payment links to get paid quickly for their products and services after they subscribe to the solution, according to a statement.
Shina Atilola, Divisional Head Retail and Consumer Banking, Sterling Bank Plc, review why they decided to launched the Socialpay Atilola explain “SocialPay was created to make payment easier for Citizens (Nigerians) who frequently engage in digital commerce”.
Our client, both sellers and purchasers, are currently using social media as a source of sell and acquire items. Following this lead, we launched SocialPay to make it easier to send and receive payments inside the same ecosystem,” explained Atilola.
Shina added: SocialPay is a safety payment option for an online enterprises or businesses selling via e-commerce websites, mobile app, social media pages such as: WhatsApp, Facebook, instagram, Telegram, Pinterest, reddit, Twitter e.t.c for Business.
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“With over 25 million Nigeria citizens using social media networks as part of their daily lives, this newly introduced transaction engine “SocialPay” will allow that these digital natives can make rapid buying and receive payments from different social businesses.
what are the benefits of Socialpay
Payment with SocialPay is as easy to navigate by pressing a button, and the money will transfer instantly to the destination account. The main advantage of launched Socialpay is that, it protects the parties involved in an online transaction (sellers and buyers).”
SocialPay abrogate the invoicing problem faced by thousands of micro sellers on social platform, in addition to its payment and funds reception capabilities.
Business owners, both offline and online, may use the app to send and manage invoices on the go at any time. This guarantees that they are paid by their clients/customers, who see them as trustworthy since they give proof of services done and money owing.
How to register for Socialpay
To signup and register for socialpay for your online businesses,
- simply visit: https://mysocialpay.ng/
- click on start receiving money at the top corner or Click here
- fill all the requirement information
- Once registration is successful, a notification message will be sent to you either via Email or Phone number..
Note: Ensure you enter appropriate information as its require.