Banking and Payment

Sterling Bank SocialPay – Send and Receive Payment on Social Media

Sterling Bank – SocialPay

Sterling Bank has introduced a new feature called ”Socialpay”. This is a secure and convenient solution that allows buyers and sellers to make and receive payment on social media seamlessly with just a link.

SocialPay solution provides secure online payment solutions to physical store owners and retailers selling on Facebook, Instagram, WhatsApp, and Twitter. 

Sterling bank socialpay

SocialPay solution provides secure online payment solutions to physical store owners and retailers selling on Facebook, Instagram, WhatsApp, and Twitter.

 Our customers, both retailers and buyers, are now selling and making purchases through social networks. Following this cue, we introduced Social- Pay to make it convenient to make and receive a pay- ment within that same eco- system,”Atilola  disclosed.

According to the statement, users of Sterling Bank PLC can now create and share payment link to get paid instantly for their products and services on Social media.

Atilola also explained that SocialPay is a secure payment solution for businesses selling online through websites, social media pages/ handles, or WhatsApp for Business.

“With social media networks becoming the centre of everyday life for almost 25 million Nigerians, SocialPay will ensure that these digital natives can make quick purchases and receive payments from social stores.

“SocialPay makes payment as simple as clicking a button, and the money is immediately transferred. The biggest benefit of the payment solution is that the transacting parties (sellers and buyers) are protected.”

Beyond its quick payment and funds receipt capability, SocialPay also eliminates the invoicing challenge facing thousands of micro retailers on social media. Within the application, business owners, offline and online, can send and manage their invoices on the go at any time. This ensures they get paid by their customers, who perceive them as credible because they provide documentation of services rendered and payment owed. SocialPay invoicing system will also help micro and small retailers track their sales and manage their finances. Here is the link to socialpay website where you can register and get started.

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