Business๐ณ๐ฌ Nigeria
Nigerian Fintech Helps Small Traders Accept Digital Payments
A Lagos-based payments company is bringing point-of-sale tools to informal markets, helping vendors track sales and build credit history.
In Lagos' bustling open-air markets, many traders have historically operated only in cash. A new wave of affordable, smartphone-connected point-of-sale devices is changing that. Vendors can now accept cards and mobile money, track inventory, and generate digital records that open doors to formal credit.