AtaraPay Network protects Buyers and Sellers….
AtaraPay is an online escrow service that protects buyers and sellers during a commercial transaction. The marketplace operates only the AtaraPay payment method providing protection for both the buyer and seller. However, the payment method gives the buyer the choice to make payment the traditional way (without escrow) or with escrow. Payment with escrow simply means that when you make a purchase on the marketplace with this method, AtaraPay guarantees both the seller and buyer a fraud-free and stress-free experience.
How AtaraPay Works
The buyer visits the Marketplace by AtaraPay and selects an item for purchase. At checkout, the buyer selects to make payment into the escrow account using a card or bank transfer. The seller is notified of payment and required to fulfill the order. Once the order is delivered, the buyer gets an email notification requesting to accept or reject the order. If the buyer rejects the order, the buyer is refunded but if the buyer accepts, then the seller is credited. To learn more, visit Why Escrow? How Does Escrow Work?
Benefits for the buyer
- The buyer has the option to make payment with or without escrow
- Guaranteed peace of mind when purchasing online with escrow because the buyer can accept or reject after delivery
- Funds are secure in escrow and insured by our insurance partner, protecting both the seller and buyer
Benefits for the seller
- Enjoy 3 months of no commission after which we start charging 2% commission per product sale.
- Receive your money within 48 hours of receiving payment without escrow or 24 hours after the buyer accepts the order, if payment is made with escrow.
- We take the stress of shipment from you and deliver all products on your behalf using reputable courier service providers
- The buyer always pays for delivery
- Delivery is nationwide and international (outward from Nigeria only)
- In addition to physical goods, you can also list services as well. With escrow, your clients pay in advance and once they are done reviewing your work and accept, you get paid
- Your products and services can be paid in Naira or USD. You can also receive payout in any of these currencies
- Guaranteed peace of mind when purchasing online with escrow because the buyer can accept or reject after delivery
- Funds are secure in escrow and insured by our insurance partner, protecting both the seller and buyer
How to become an AtaraPay Merchant
To create a vendor, carry out the following simple steps;
- Click on Become A Vendor, fill and submit the form
- Upon successful submission, we shall review and approve your submission within 24 hours
- After approval, you will be notified via email and informed to Login to your account to provide your bank account details where you will receive payout for goods and services purchased on the marketplace
- When you are logged into your account, click on the tab “AtaraPay Account Details” on the right-hand side of your dashboard to provide your account details. You can provide Naira and USD account details
Delivery Process (for sellers)
Delivery is stress-free. You don’t need to leave your office or make a call to us.
When payment is made for your items, you will be notified via email. You will also get an email to indicate to us when the items are ready for pickup. Once you click on the “Proceed” button in the email, our dispatch team will come to pick up the items from your registered pickup address within 2 business days and deliver within 7 days nationwide or international. International deliveries are outbound from Nigeria only.
Escrow Fees
The buyer is charged the escrow and switch fee. If the buyer selects to make payment using escrow, the fee is 1.5% of the order value (or maximum of N2,000). The switch fee is charged by the payment gateway and not AtaraPay.
