On average, businesses make 40-50 vendor payments monthly. These payments, done by finance managers or accountants, are made manually through regular bank transfers, reconciliations are done manually, and vendor invoices are managed using spreadsheets.
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In recent years, the digital payment industry in Nigeria has seen significant growth, with innovative payment methods springing up, making consumers' lives easier and increasing their expectations when it comes to payment convenience.
In recent years, the digital payment industry in Nigeria has seen significant growth, with innovative payment methods springing up, making consumers' lives easier and increasing their expectations when it comes to payment convenience.