Sterling Bank Plc just came up with a payment solution called SocialPay, an easy and safe means for buyers and sellers to make and get full payments or instalments via social media platforms like Facebook, Instagram, WhatsApp, and Twitter or website using a link. No more "DM me for price" just send them a link.
This recent innovation enables safe and easy online payment solutions for store owners and social media admins selling products and services on Facebook, Instagram, WhatsApp, and Twitter makes life easy.
Now you don't have to have an expensive e-commerce website or landing page to make sales transactions happen as a seller nor do you have to stress yourself that much as a buyer.
Creating and sharing your payment link is fast and easy. You also receive payment instantly without much hassle.
With this solution as a seller, your clients are just a link away from buying your product or service. For buyers, it's one of the easiest and fastest payment solutions they will ever find on the web.
With the advent of social media usage as an everyday life routine for millions of Nigerians, SocialPay will ultimately enable both parties (sellers and buyers) to make purchases and receiving online payments effortless as it is very straightforward and hitch-free process.
Payment via Socialpay is highly secured. Every transaction happens with an end to end encryption which keeps both sellers and buyers safe and secured.
A statement by Divisional, Head Retail and Consumer Banking, Sterling Bank Plc, Shina Atilola, said SocialPay was introduced to make payment easy for Nigerians engaging in digital commerce.
“Our customers, both retailers and buyers, are now selling and making purchases through social networks. Following this cue, we introduced SocialPay to make it convenient to make and receive a payment within that same ecosystem,” Atilola revealed.
Checkout SocialPay website: https://mysocialpay.ng
As aside quick payment flexibility, You can manage Invoices and keep track and keep tabs on all of your past and recent transaction to ensure receipt of payments made by buyers or client
How does it work exactly?
All that is required is to sign up, create a link, share the link, and begin to receive your payments.
on the sign-up page, you will be requested to fill in personal info such as your name, phone number, BVN, Date of Birth, Email address etc
How to Create Socialpay link?
After you have successfully signed up, select create payment link on your dashboard.
Please note: ensure to notify your buyers that NGN 107.5 transaction fee applies when they pay with a card.
In summary, SocialPay helps you to;
- Receive funds instantly
- Share a professional invoice that your customer can pay instantly with
- Transaction and report tracking
- Opportunity for your customer to spread the payment.