We are a Nigerian fintech startup, dedicated to providing relevant financial technology solutions for businesses and individuals in business. Tranzaact (https://tranzaact.com) and Red Biller (https://redbiller.com), are however our very first set of innovations.
Tranzaact was built to solve the problems of payment and shipping faced in the e-commerce sector. The two currently adopted payment methods “pay on/before delivery” gives more power to either side: the former to the merchant, while the later to the customers. Thus, in many cases, either side takes decisions without the consent of the other, which often leads to financial losses.
Tranzaact is an e-commerce platform with a payment scheduler. For merchants, the cost of setting up an e-commerce website and maintaining it, including payment of bills such as domain, hosting and security, just to mention a few has been lifted