Modern Hire Purchase SaaS for Nigeria

Sell Vehicles, Electronics & Furniture on Installment Without Missing a Single Repayment

Replace outdated 2005 Windows software, paper ledgers, and clumsy spreadsheets. Payvo is the modern cloud platform that automates payment schedules, guarantor records, and WhatsApp reminders — starting at ₦5,000/month.

Cloud-based • Access on mobile or PC • From ₦5,000/month • Keep 100% of your sales margin

The Hire Purchase Challenge

Why Legacy Systems Fail Installment Sellers

Offering "Pay Small-Small" terms drives 3x more sales, but manual collection and outdated software lead to defaulting customers and lost cash flow.

The Outdated Desktop Software Trap

Legacy Windows Apps Locked to One PC

Old software like Timeline or Optech is stuck on one desktop in your showroom. You cannot check customer balances from home or on your phone. If that computer crashes or gets infected, your entire business history vanishes.

The Payvo Outcome

100% Cloud Security — Access Anywhere

Payvo runs securely in the cloud. Check customer balances, record down payments, and inspect overdue accounts directly from your smartphone, tablet, or showroom laptop with automated daily cloud backups.

  • Real-time access across all showroom branches
  • Zero software installation or maintenance hassles
  • Bank-grade encryption and automated data backups
The High BNPL Cut

Fintech BNPL Apps Taking 3% to 5% Margin

Third-party BNPL apps charge exorbitant merchant fees and reject 80% of everyday Nigerian customers because of rigid bank underwriting criteria. You lose both margin and sales.

The Payvo Outcome

Keep 100% of Your Profit — Self-Financing

Payvo is your private in-house installment management engine. You set the down payment, the weekly/monthly installment amount, and repayment duration. You keep 100% of the interest and sales price.

  • Zero transaction cuts taken from your sales
  • Flexible terms: weekly, bi-weekly, or monthly
  • Record guarantor contact & collateral documents
The Overdue Chasing Headache

Forgotten Due Dates & Awkward Follow-Ups

Buyers genuinely forget payment dates when nobody reminds them in advance. Chasing overdue payments manually via phone calls creates friction and burns showroom staff hours.

The Payvo Outcome

Automated WhatsApp Due Alerts & Receipts

Payvo sends polite, automated WhatsApp notifications to customers 3 days before an installment is due. When they pay, an instant branded receipt is delivered to their WhatsApp with remaining balance clearly stated.

  • Reduces default rates by up to 45%
  • Professional receipts prevent "I already paid" disputes
  • Instant payment history ledger accessible on customer phone
Direct Comparison

Payvo vs. Legacy Windows Installment Software

Why modern vehicle and electronics merchants are upgrading their sales operations to Payvo.

Feature Payvo Cloud Legacy Windows Tools Fintech BNPL
Pricing Model From ₦5,000 / month ₦80k – ₦150k one-off 3% - 5% of every sale
Mobile Access (Phone/Tablet) Full Mobile Dashboard Desktop Only Customer App Only
Customer Approval Rate 100% Your Decision 100% Your Decision <25% Approved
WhatsApp Automated Alerts Native QR Integration None Generic Push Notifications
Guarantor & Asset Tracking VIN / Serial Number + Docs Basic text field Bank BVN only
Modernize Your Showroom

Upgrade your hire purchase business today

Join Nigerian car dealers, electronics suppliers, and furniture showrooms running their installment collections seamlessly on Payvo. We will import your customer ledgers for free.

Free spreadsheet data import Dedicated setup specialist
Book Showroom Demo