Hello guys, its been awhile. I wish to build my escrow kind-of app and start the company. I just need your inputs concerning how feasible it will be, whether I should start it or not

cbrass:
Hello guys, its been awhile. I wish to build my escrow kind-of app and start the company. I just need your inputs concerning how feasible it will be, whether I should start it or not

That will make a lot of sense and even also help with the way we do business. But how do u plan to handle d logistics and also gain the publics trust?? Meanwhile, good luck bro.

cbrass:
Hello guys, its been awhile. I wish to build my escrow kind-of app and start the company. I just need your inputs concerning how feasible it will be, whether I should start it or not

Our input has nothing to do in your idea at this stage. If truly you have this idea, why not start it and see people's input instead of the other way round.

donsheddy1:
Our input has nothing to do in your idea at this stage. If truly you have this idea, why not start it and see people's input instead of the other way round.

I dont know if it has been done by anyone here in naija and the acceptance is what am worried about after putting so much time to coding and funding it. But from your response I think I will start it

LordRahl001:

That will make a lot of sense and even also help with the way we do business. But how do u plan to handle d logistics and also gain the publics trust?? Meanwhile, good luck bro.

As for the logistics angle am still perfecting work on it, but my biggest issue is getting the public to TRUST my company with their money

cbrass:


As for the logistics angle am still perfecting work on it, but my biggest issue is getting the public to TRUST my company with their money

How abt u don't keep the money, then u can relate with the banks. So when all th conditions are fulfilled, the money is deposited in the recipients account. So the bank just deduct the money and put it on hold without any intermediary account so it's inaccessible to both parties until the conditions ar satisfied! So all u just make sure of is that those conditions are satisfied or inform the bank to return the money to d sender less of the required charges of course!!

LordRahl001:


How abt u don't keep the money, then u can relate with the banks. So when all th conditions are fulfilled, the money is deposited in the recipients account. So the bank just deduct the money and put it on hold without any intermediary account so it's inaccessible to both parties until the conditions ar satisfied! So all u just make sure of is that those conditions are satisfied or inform the bank to return the money to d sender less of the required charges of course!!

Waoo, God bless you, have never thought of it that way o

cbrass:


I dont know if it has been done by anyone here in naija and the acceptance is what am worried about after putting so much time to coding and funding it. But from your response I think I will start it

https://payscrow.net/

Yes it has been done, but that shouldn't stop you from doing yours. Good luck.

Is there any required license to run an online escrow services in Nigeria??

fighal:
Is there any required license to run an online escrow services in Nigeria??

I don't think there's any licence but your platform must be registered in Nigeria and hosted in Nigeria. gt that from a pro in software industry.

polimaf:
I don't think there's any licence but your platform must be registered in Nigeria and hosted in Nigeria. gt that from a pro in software industry.

OK Boss

Have you start your escrow like company

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I know of 2 and they're doing great.

One is https://pandascrow.io/

kenpanda:
I know of 2 and they're doing great.

One is https://pandascrow.io/

ken panda advertising panda scrow. dude, if you want to advertise your website, do it with your full chest

cbrass:
Hello guys, its been awhile. I wish to build my escrow kind-of app and start the company. I just need your inputs concerning how feasible it will be, whether I should start it or not

How far with this bro ?

cyrusmillz:


How far with this bro ?

Dropped the idea, can't remember what happened.its been awhile

cbrass:

Dropped the idea, can't remember what happened.its been awhile

I've seen like 2 -3 sites doing this escrow service. Was conducting market research , that's when I came to the thread . But why did you stop

cyrusmillz:

I've seen like 2 -3 sites doing this escrow service. Was conducting market research , that's when I came to the thread . But why did you stop

I wanted to do it because of my friend who was into importation,so we used to rely on the bus driver to help us collect the money as customers won't want to pay without seeing the item they are paying for. Later he said that he has found a delivery company that will deliver the item and also collect payment for him so that's why I dropped the idea. There were some other bank regulations and licences that you must have before you can hold a customer's money, I wasn't ready for all that since I just wanted to build for a friend

cbrass:

I wanted to do it because of my friend who was into importation,so we used to rely on the bus driver to help us collect the money as customers won't want to pay without seeing the item they are paying for. Later he said that he has found a delivery company that will deliver the item and also collect payment for him so that's why I dropped the idea. There were some other bank regulations and licences that you must have before you can hold a customer's money, I wasn't ready for all that since I just wanted to build for a friend

Please can you share the name of the delivery company?

kristian98:


Please can you share the name of the delivery company?

I will ask,but GIGM used to do something like that,but I don't know if they still do it.
They only thing is they don't pay the merchant immediately,I think the money stays with them for 5 days or so

cbrass:

I wanted to do it because of my friend who was into importation,so we used to rely on the bus driver to help us collect the money as customers won't want to pay without seeing the item they are paying for. Later he said that he has found a delivery company that will deliver the item and also collect payment for him so that's why I dropped the idea. There were some other bank regulations and licences that you must have before you can hold a customer's money, I wasn't ready for all that since I just wanted to build for a friend

oh I see , good to see things from your point of view

cbrass:

I wanted to do it because of my friend who was into importation,so we used to rely on the bus driver to help us collect the money as customers won't want to pay without seeing the item they are paying for. Later he said that he has found a delivery company that will deliver the item and also collect payment for him so that's why I dropped the idea. There were some other bank regulations and licences that you must have before you can hold a customer's money, I wasn't ready for all that since I just wanted to build for a friend

bro can we discuss am having a similar all in one idea we can work on it 07077007596 call or whatsapp

Blackzero:
bro can we discuss am having a similar all in one idea we can work on it 07077007596 call or whatsapp

Alright

Blackzero:
bro can we discuss am having a similar all in one idea we can work on it 07077007596 call or whatsapp

Can't find your number on Whatsapp