A Merchant of Record API that helps global businesses accept African payments and manage compliance, settlement, taxes, chargebacks, and multi-currency payouts.

Vesicash Product Overview

Is Vesicash Right for You?

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Best For

  • Global merchants selling in Africa
  • SaaS with African customers

What It Does Well

  • Merchant of record setup
  • Multi-country compliance handling

Things to Check

  • Supported African countries
  • Settlement timing per country

About Vesicash

Screenshot of Vesicash website

Portal by Vesicash is a Merchant of Record (MoR) payment API built for global businesses expanding into Africa that need local payment acceptance plus compliance, settlement, and tax operations across multiple markets.

Key capabilities include:

  • Orchestrated payment routing across mobile money, cards, and bank transfers, selecting the most reliable and cost-effective rail per transaction to support uptime and conversion.
  • Automated compliance, settlement, and taxes, including local tax reporting, designed to reduce operational burden when launching in new African markets.
  • B2B onboarding flows tailored to each supported market, helping platforms and brands onboard business customers with localized requirements.
  • Chargeback protection and dispute handling managed under the MoR model, plus localized collections with multi-currency payouts.

Available via a unified API (API documentation is provided online).

Target users include ecommerce businesses, online transaction platforms, and global brands that need a single integration for collections and payouts across fragmented African payment rails.

Notable in the African context because it positions itself as one API for payments, compliance, and taxes across 7+ markets (including Ghana, South Africa, Zambia, and Tanzania) with commission-only pricing (no setup fees, no monthly costs).

Vesicash Facts

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Operates In
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Recent Reviews for Vesicash

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3.6
Great · 1 review
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K
Kellynewman6

NG · 2 reviews

Jun 1, 2026

What stood out is that Portal doesn’t just process payments—it handles compliance, tax, and settlement across multiple countries. It removed the legal and operational burden of trying to localize payments ourselves.

Vesicash Funding History

Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source data

Vesicash has raised $100K across 3 recorded funding events. The latest was Venture (Round not Specified) in Feb 2020.

Total Raised:
$100K
Latest Round:
Venture (Round not Specified)

Vesicash Investors & Funding Rounds

Venture (Round not Specified)UndisclosedFeb 2020
Venture (Round not Specified)UndisclosedJun 2019

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Vesicash Founders & Leadership Team

Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
Terkimbi Aju
TA

Latest Vesicash News & Updates

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Frequently Asked Questions About Vesicash

Vesicash is an escrow service that secures digital transactions by holding buyer payments until sellers confirm delivery, building trust in sectors like eCommerce, freelancing, and real estate. It works through APIs, SDKs, widgets, and instant payment links for businesses and consumers to integrate or use directly, with Vesicash handling payment release upon satisfaction.

Vesicash uses commission-only pricing with no setup or monthly fees; rates are typically 2.5% for Nigeria transactions and 5% for those outside Africa, with custom rates or tiered fees from 1.5% available. Enterprise plans start at $2,000 for basic escrow up to $18,999 for complete business solutions.

Vesicash operates in Nigeria, Ghana, South Africa, Zambia, Tanzania, Rwanda, and Egypt, with users also in Kenya, Singapore, the UK, and Canada.

Vesicash is best suited for businesses in eCommerce, freelancing, real estate, legal, health, lifestyle, and agriculture needing secure payment guarantees, including marketplaces, merchants, and freelancers.

Send an email to support@vesicash.com for support.

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