₦airaland Forum

Are there no e-commerce owners here?

Still waiting

We are interested on this topic as well.
Meanwhile, Would You Use A Crypto Payment Terminal For Your On/offline Business In Nigeria? We are carrying out some market researches regarding this.

oyepaulkay:
Good morning my Ogas I the house.

please I’m asking experienced and seasoned businessmen and women here on NL which of the commercial banks is best for business account right now from your experiences.


Thanks

Are there no Nairaland e-commerce people here? or we posted it in the wrong section?

Still waiting

Still waiting for responses..

Would You Use A Crypto Payment Terminal For Your On/offline Business In Nigeria?

Hello Everyone,

We hope you're all doing well. We are currently exploring the idea of launching a Crypto Payment Terminal/Gateway specifically designed for Nigerian online businesses, and we would love to hear your thoughts on this.

As digital currencies continue to gain traction globally, forward-thinking online businesses in Nigeria have a timely opportunity to accept cryptocurrency payments. Integrating crypto payment gateways could attract technologically inclined customers, both locally and internationally. Tapping into this expanding market could be lucrative for Nigerian e-commerce stores and service providers, ensuring long-term success in the Web3 economy. However, skepticism and uncertainty around the legality of cryptocurrencies may cause hesitation. In 2020, the Central Bank of Nigeria barred banks from servicing crypto exchanges, although peer-to-peer trading remains legal. While regulatory guidance is still evolving, adding crypto payment options doesn't have to be an all-or-nothing proposition. A prudent approach involves embracing crypto payments while using mature treasury management tools to minimize risk.

What is a Crypto Payment Terminal?
A cryptocurrency payment terminal enables online businesses to seamlessly accept payments in major cryptocurrencies like USDT, Bitcoin, and Ethereum. It acts as a secure gateway that integrates crypto payment options alongside traditional methods like credit cards.

Why Crypto?
~ Lower transaction fees compared to Stripe, Paystack, Remita, etc.
~ Faster payment processing (minutes, not weeks)
~ Increased security
~ Global reach

For this, we have some questions:
1.) Would you be interested in using a Crypto Payment Terminal for your online business? Why or why not?
2.) What features are most important to you in a payment terminal?
3.) Would you prefer a standalone Crypto Payment Terminal or one that integrates with existing payment gateways?
4.) How much would you be willing to pay for such a service?
5.) Do you think there's a demand for crypto payments in Nigeria?
6.) Would you be open to a pilot test if we develop a prototype?
7.) Would you be interested in a mobile app version of the terminal?
8.) How do you currently handle payments for your online business?
9.) Would you be interested in an affiliate program to earn commissions?
10.) Any other suggestions or concerns you'd like to share?

Thank you for taking the time to read and respond to this post. Your feedback is invaluable as we consider moving forward with this project and other products that we have lined up to launch soon.

Hello Everyone,

We hope you're all doing well. We are currently exploring the idea of launching a Crypto Payment Terminal/Gateway specifically designed for Nigerian online businesses, and we would love to hear your thoughts on this.

As digital currencies continue to gain traction globally, forward-thinking online businesses in Nigeria have a timely opportunity to accept cryptocurrency payments. Integrating crypto payment gateways could attract technologically inclined customers, both locally and internationally. Tapping into this expanding market could be lucrative for Nigerian e-commerce stores and service providers, ensuring long-term success in the Web3 economy. However, skepticism and uncertainty around the legality of cryptocurrencies may cause hesitation. In 2020, the Central Bank of Nigeria barred banks from servicing crypto exchanges, although peer-to-peer trading remains legal. While regulatory guidance is still evolving, adding crypto payment options doesn't have to be an all-or-nothing proposition. A prudent approach involves embracing crypto payments while using mature treasury management tools to minimize risk.

What is a Crypto Payment Terminal?
A cryptocurrency payment terminal enables online businesses to seamlessly accept payments in major cryptocurrencies like USDT, Bitcoin, and Ethereum. It acts as a secure gateway that integrates crypto payment options alongside traditional methods like credit cards.

Why Crypto?
~ Lower transaction fees compared to Stripe, Paystack, Remita, etc.
~ Faster payment processing (minutes, not weeks)
~ Increased security
~ Global reach

For this, we have some questions:
1.) Would you be interested in using a Crypto Payment Terminal for your online business? Why or why not?
2.) What features are most important to you in a payment terminal?
3.) Would you prefer a standalone Crypto Payment Terminal or one that integrates with existing payment gateways?
4.) How much would you be willing to pay for such a service?
5.) Do you think there's a demand for crypto payments in Nigeria?
6.) Would you be open to a pilot test if we develop a prototype?
7.) Would you be interested in a mobile app version of the terminal?
8.) How do you currently handle payments for your online business?
9.) Would you be interested in an affiliate program to earn commissions?
10.) Any other suggestions or concerns you'd like to share?

Thank you for taking the time to read and respond to this post. Your feedback is invaluable as we consider moving forward with this project and other products that we have lined up to launch soon.

Well, you can use other platforms that will offer you #490.

Bodmum:
against 490 official rate. 740 - 490= 250. 250 naira Gain per dollar, not your fault.

Bodmum:
what's your rate? (I know you won't answer)

We haven't started working yet.
Our target rate range is #700 to #740.

Exciting news, Nigerians can now access Elon Musk's Starlink!
However, the challenge of international payments with high fees and complicated procedures has long been a hindrance.
Worry not. BalonTech, a FinTech platform together with her sister company BalonChain, are here to revolutionize the way African freelancers and remote workers manage their international transactions. We offer a multi-currency virtual/physical Mastercard/Visa card, crypto-fiat conversion, and streamlined money transfers and payment requests.

Although our services cater to African freelancers, however, they are not limited to them only. Our platforms are designed to help individuals like you overcome the challenges of making international payments, including tuition fees, goods purchases, Google Pay & Apple Pay transactions, funding forex trading accounts, buying cryptos and other challenges like paying for you Starlink installations/monthly subscriptions.

With our BalonChain cards, you can enjoy the freedom of making international payments, whether physical or virtual, on any ATM worldwide. Simply add your card to Google Pay, Apple Pay, or Samsung Pay, and make payments on all online platforms including Spotify, Starlink, Aliexpress, Netflix, Udemy etc.

Our card sets us apart from traditional Nigerian banks as you can set up an account, fund it with Naira or crypto, and make transactions without leaving your home. Transactions below $1000 are processed instantly, while transactions above $1000 are processed within 60 minutes. Our platform launches mid-February.

Join the waiting list today to be among the first to experience the ease of global payments for business owners, individuals, freelancers, and remote workers in Africa. Visit www. balonchain. com to sign up.

We are always available to answer any questions and welcome any suggestions to create a more user-friendly and personalized platform. Your input is crucial in our mission to revolutionize the way international payments are made.

We haven't started yet.
Our rates will be within #700 - #740

Didijiji:
Your rate??

Exciting news, Nigerians can now access Elon Musk's Starlink!
However, the challenge of international payments with high fees and complicated procedures has long been a hindrance.
Worry not. BalonTech, a FinTech platform together with her sister company BalonChain, are here to revolutionize the way African freelancers and remote workers manage their international transactions. We offer a multi-currency virtual/physical Mastercard/Visa card, crypto-fiat conversion, and streamlined money transfers and payment requests.

Although our services cater to African freelancers, however, they are not limited to them only. Our platforms are designed to help individuals like you overcome the challenges of making international payments, including tuition fees, goods purchases, Google Pay & Apple Pay transactions, funding forex trading accounts, buying cryptos and other challenges like paying for you Starlink installations/monthly subscriptions.

With our BalonChain cards, you can enjoy the freedom of making international payments, whether physical or virtual, on any ATM worldwide. Simply add your card to Google Pay, Apple Pay, or Samsung Pay, and make payments on all online platforms including Spotify, Starlink, Aliexpress, Netflix, Udemy etc.

Our card sets us apart from traditional Nigerian banks as you can set up an account, fund it with Naira or crypto, and make transactions without leaving your home. Transactions below $1000 are processed instantly, while transactions above $1000 are processed within 60 minutes. Our platform launches mid-February.

Join the waiting list today to be among the first to experience the ease of global payments for business owners, individuals, freelancers, and remote workers in Africa. Visit www. balonchain. com to sign up.

We are always available to answer any questions and welcome any suggestions to create a more user-friendly and personalized platform. Your input is crucial in our mission to revolutionize the way international payments are made.

We understand that you may be tired of the hassle and high fees associated with international payments as a Nigerian freelancer or remote worker based in Africa. BalonTech, a FinTech platform, is here to revolutionize the way you manage your finances.

Our mission at BalonTech is to empower African freelancers and remote workers by providing easy global payment solutions tailored to their unique needs. Our sister company, BalonChain Ltd, plays a key role in this by offering a multi-currency virtual Visa/Mastercard, crypto-fiat conversion, money transfers from Nigeria, and payment requests.

If you are a freelancer, employee, or self-employed individual, BalonTech is the perfect solution for you. Our platform allows you to easily invoice your clients and send payment requests to your employers. You can access your work payments and withdraw money worldwide with the BalonChain Visa/Mastercard.

However, our services are not limited to freelancers. Our platform is also designed to help individuals navigate the challenges of making international payments, such as tuition fees, buying goods, using Google Pay, Apple Pay, funding forex trading accounts, buying cryptos, and other challenges.

With BalonChain cards, you can request your own physical or virtual Mastercard/Visa card that works with international payments, on any ATM worldwide. You can add it to Google, Apple, and Samsung Pay, pay in any store through these apps, or on online platforms like Spotify, Netflix, and Udemy.

What sets our card apart from traditional Nigerian banks is that you don't need to leave your house to set up an account, do paperwork, or buy dollars from aboki to fund your Visa card. With BalonChain cards, you can fund your card with your local currency (Naira, Cedis, Kwacha, etc) or crypto (such as USDT, USDC, or BUSD). As a new startup, we are currently able to process transactions below $1000 instantly, while transactions above $1000 are processed within 60 minutes. Our platform will be live mid-Feb.


Don't miss out on the opportunity to revolutionize the way you handle international payments. If you're interested in using our services, you can join the waiting list today www. balonchain. com and be among the first to use our platform once we launch. Experience the freedom of simple and easy global payments for business owners, individuals, freelancers and remote workers in Africa.


@maisauki, @AgentNnamdi, @arkonpoint, @Emaprince, @yungryce, @HardMirror, @Haveyoueatentod, @Khemhyte, @atobs4real, @Whois, @OgbeniOja1, @ecolime, @cliqtips, @Optmus, @Emexicoman, @seanwilliam, @Vsusrite, labas370 @Ricewax, @DeLaRue, @lilioj, @AmazingGrace77, @Benwems, @zionstaar75, @ayoyonet, @Ewroghene1, @Lovestrong, @Brandconsultany, @1money, @kdfinest, @sirgalahad26, @sirgalahad26, @onojaford, @Geovanni412


We will be here to answer all questions regarding our platform or if you have any suggestions or specific features you'd like to see on our platform, please let us know. Your input will help us create a more user-friendly and personalised platform.