#voguepay

Michael Simeon

Hello BellaNaijarians,

Every week we bring to you a new episode of podcast series: The Building the Future Podcast with Dotun Olowoporoku.

We have entrepreneurs, industry leaders, founders of startups who are writing the narrative that will be told about the African continent, telling their stories directly.

Michael Simeon, co-founder and CEO of VoguePay, a user-friendly online…

3 revolutions in Online Payments that small businesses in Nigeria should take advantage of

Small businesses and startups are the lifeblood of any economy of the world, Nigeria is not an exemption. One of the major challenges of these businesses is receiving payment from their customers through cash and bank payment .  Today, the challenges have been reduced in part, thanks to adoption of the “cashless” initiatives.

However, what most people might not tell you is that the cost of going…

Bitcoin Trading Comes to Nigeria

8 January 2015 | Nick Marinoff | newsbtc.com

South African bitcoin exchange ICE3X has now made it possible to trade bitcoin in Nigeria through a partnership with Nigerian payment processor VoguePay.

Exchange founder Gareth Grobler described the situation with enthusiasm, and feels that Nigeria, Africa’s most populous country, is the prime area for a possible bitcoin market:

“The market… is potentially massive. VoguePay have spotted the opportunity bitcoin offers, seeing as one of the primary attributes of bitcoin is its security. Nigerian online consumers simply do not have the same access to goods and services from international vendors due to one simple thing – credit card fraud. Bitcoin solves that problem… The idea is that, for example, a farmer in Nigeria can buy a tractor from a supplier in the USA, and both parties could benefit from the near instant, secure and transparent funding solutions underpinned by the bitcoin technology.”