How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?

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Nairaland Forum  |  Technology  |  Webmasters (Moderators: SAM MILLA, uspry1)  |  How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
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Author Topic: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?  (Read 448 views)
mrpataki (m)
How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« on: August 07, 2006, 02:02 PM »

I have been researching on a feasiblity of internet market here in Nigeria where we can make use of our credit cards system,  DHL or UPs whichever is applicable there in the country. Please give me your own views and opinions soon,
javac
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #1 on: October 30, 2006, 04:49 AM »

I think it would be a great idea and will work if the banks can help curb fraud
If you are tech-savy and you currently reside in nigeria
Please, I would like to hear from you
mrpataki (m)
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #2 on: October 30, 2006, 06:37 PM »

Got your message javac, you could get me on gp_tosin@yahoo.com. at the moment i reside in Nigeria.
Expecting a mail from you soon. thanks 
kazey (m)
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #3 on: November 03, 2006, 09:59 AM »

1. Accepting credit cards from Nigerians, is scary. I wouldn't recommend that, considering possible charge backs, and the rate of crime from Nigeria etc, but you can use the tradition way.  Credit card verification and contract agreement, whereby once they  are verified and sign the contract, charge-backs can't be established with that specific credit card.

2. The inclusion of an Escrow system would help too, but that should be done either by interswitch or bank account deposit, which means payments are irreversible.

3. A good seller verification system in place.

4. A good reputation system.

The rest is pretty just like the others.
xanadu
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #4 on: November 08, 2006, 08:08 PM »

I agree with most of your points kazey - you have really hit the nail on the head.

But you suggest that the escrow payments should be irreversible - what then does happen in a GENUINE case where the item purchased and shipped to them is not the same, or is significantly different from the item advertised by the seller? Would the buyer, who I presume would have already paid the escrow deposit, then lose their money?
Seun (m)
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #5 on: March 27, 2007, 05:17 PM »

Moved to Webmaster Section.
nduaj (m)
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #6 on: March 28, 2007, 11:16 AM »

hello,
There is a service about to be launched for webmasters who want to intgrate their site (or clients sites ) to the interswitch netork so people can pay for online services using their ATM cards (which evry 8 of 10 bank account holders own).
this service is cheap, affordable for webmasters with excellent customer care units.
Integration to the service is easy. though you will be assisted by our team of programmers.
please watch out for details Cheesy
naomijt (f)
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #7 on: March 30, 2007, 07:42 AM »

Quote
you will be assisted by our team of programmers
@nduaj: what company is this? Interswitch?
femigb
Re: How Feasible Is An Internet Market In Nigeria, More Like An Ebay Operation?
« #8 on: September 27, 2007, 12:47 PM »

Check out http://www.. This site is quite similar to ebay.

You can create your own store in minutes. No technicalities required to integrate it to instant payment because your store is automatically integrated to netnaira (http://www.) and most of the card payment systems in nigeria.

Check out this sample phone store http://www./SampleStore/index.php

It supports online shopping and delivery, instant payment, great site customization. It's all you need if you want to start selling right away.

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