Stop paying huge monthly core banking fees or watching third-party BNPL apps take 3% to 5% of your margins. Payvo is the cloud-based credit management ledger that automates repayment schedules, guarantor records, and WhatsApp recovery reminders — starting at ₦5,000/month.
Zero transaction cuts • Zero BVN underwriting barriers • Plans from ₦5,000/month • Free Excel portfolio migration
Offering credit or installment terms unlocks massive customer demand, but manual tracking and bloated enterprise software drain your profit and time.
Legacy microfinance tools and enterprise lending engines charge hundreds of thousands in annual fees plus 2.5% to 5% cuts on every transaction. For an independent lender or cooperative, this eats up your profit margins.
Payvo is pure self-financing software. You keep 100% of your interest, late fees, and principal payments. No hidden percentages, no per-loan tax, and no setup fees.
Third-party credit APIs reject the vast majority of informal market traders, artisans, and small business owners who lack formal bank credit bureau histories, costing you genuine business.
You are in full control of your credit rules. Underwrite borrowers using guarantors, next of kin, and collateral records. Set daily, weekly, bi-weekly, or monthly repayment schedules in seconds.
Field officers waste half their day making awkward calls to remind borrowers about due dates. Borrowers dispute remaining balances and delay payments due to unverified paper records.
Payvo fires automated WhatsApp notifications 3 days before any installment is due. The moment money is received, an official branded PDF receipt is generated with live outstanding balances.
When credit officers or thrift collectors share admin logins or spreadsheets, company cash balances are exposed, and collection discrepancies trigger internal trust breakdowns.
Provide each field credit officer or loan marketer with a private email and access code. They see only their assigned borrowers and commission earnings without seeing master bank accounts.
Compare Payvo directly against complex enterprise core banking software and risky spreadsheets.
| Feature & Capability | Payvo | Enterprise Core Banking (Lendsqr) | Excel / Notebooks |
|---|---|---|---|
| Monthly Starting Price | ₦5,000 / month | High monthly SaaS + API fees | Free (costly errors) |
| Transaction Cut / Revenue Share | 0% (Keep 100% of profit) | 2% - 5% per loan/disbursement | 0% (High leak risk) |
| Underwriting Flexibility | 100% Custom (Zero BVN barrier) | Strict BVN/Credit Bureau rejection | Full control (No structure) |
| Automated WhatsApp Due Alerts | Built-in automated reminders | SMS only (Extra cost per text) | 100% Manual typing |
| Field Officer / Collector Portal | Private access code portal | Complex RBAC requiring paid licenses | Dangerous shared sheet |
| Digital Receipts with Signature | Auto PDF + public link | Generic system invoices | Manual paper or Word doc |
| Time to First Contract | Under 5 minutes | Weeks of compliance & onboarding | Hours of formula setting |
Join Nigerian credit innovators, micro-lenders, and cooperatives who collect faster and eliminate balance disputes with Payvo.