SoatDev IT Consulting
SoatDev IT Consulting
  • About us
  • Expertise
  • Services
  • How it works
  • Contact Us
  • News
  • March 22, 2024
  • Rss Fetcher

Nigeria | Verto introduces its groundbreaking innovation: Verto Pay. This advanced mobile app aims to transform how Nigerian SMEs handle financial transactions, simplifying cross-border commerce while reducing FX and transaction costs.
Verto Pay revolutionizes international payments for SMEs, integrating a multi-currency wallet with USD, GBP, EUR, and NGN options. This empowers business owners to navigate the global market effortlessly, eliminating the hassle of wire transfers and delays. With instant virtual card access, real-time transaction tracking, and higher spending limits, Verto Pay ensures uninterrupted business operations.

Ola Oyetayo, CEO and co-founder of Verto, emphasises the significance of Verto Pay in empowering Nigerian SMEs: “Verto recognizes the urgent need for SMEs in Nigeria to transact globally without constraints. With Verto Pay, we’re delivering a seamless and integrated financial experience tailored to the needs of forward-thinking businesses. This virtual debit card for businesses isn’t just about managing finances; it’s about giving business owners the agility to thrive in the global marketplace, overcoming challenges like late payments and low transaction limits by banks.”
In a landscape witnessing 35% annual growth in digital payment adoption in Nigeria, Verto Pay emerges as a game-changer. Its increased transaction volume limit removes growth barriers, alleviating cash flow constraints and administrative burdens for SMEs. Moreover, Verto Pay’s extensive acceptance network in key importing countries facilitates smooth cross-border transactions.
Verto Pay isn’t just a debit card; it’s a lifeline for Nigerian SMEs, streamlining various financial operations from supplier payments to travel expenses. With SMEs contributing 48% to Nigeria’s GDP and representing 96% of businesses, Verto Pay’s launch is timely, supporting the backbone of Nigeria’s economy.The post Verto Pay Redefines Nigerian SME Financial Management first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

Previous Post
Next Post

Recent Posts

  • Crypto elite increasingly worried about their personal safety
  • Grok says it’s ‘skeptical’ about Holocaust death toll, then blames ‘programming error’
  • Heybike’s Alpha step-through e-bike is an affordable, all-terrain dreamboat
  • U.S. lawmakers have concerns about Apple-Alibaba deal
  • Microsoft’s Satya Nadella is choosing chatbots over podcasts

Categories

  • Industry News
  • Programming
  • RSS Fetched Articles
  • Uncategorized

Archives

  • May 2025
  • April 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023

Tap into the power of Microservices, MVC Architecture, Cloud, Containers, UML, and Scrum methodologies to bolster your project planning, execution, and application development processes.

Solutions

  • IT Consultation
  • Agile Transformation
  • Software Development
  • DevOps & CI/CD

Regions Covered

  • Montreal
  • New York
  • Paris
  • Mauritius
  • Abidjan
  • Dakar

Subscribe to Newsletter

Join our monthly newsletter subscribers to get the latest news and insights.

© Copyright 2023. All Rights Reserved by Soatdev IT Consulting Inc.