digiMall VendorUnderstanding Instant Settlement Wallet
Learn how digiMall's instant settlement system works and how to manage your vendor wallet effectively
Revolutionary Payment System
digiMall's instant settlement wallet eliminates traditional payment delays. Get paid within 24 hours of delivery confirmation, with no waiting periods or complex withdrawal processes.
How Instant Settlement Works
Unlike traditional e-commerce platforms that hold your money for weeks, digiMall's instant settlement system ensures you get paid quickly and securely.
Payment Speed
- • Order confirmed: Funds reserved in escrow
- • Item shipped: Tracking begins
- • Delivery confirmed: Payment released (24hrs)
- • Instant wallet credit: Available immediately
- • Bank withdrawal: Process anytime
Security Features
- • Escrow protection for all transactions
- • Two-factor authentication required
- • Bank-grade encryption for all data
- • Real-time fraud monitoring
- • Dispute resolution system
Customer Places Order
Payment is collected and held securely in escrow
You Ship the Product
Upload tracking information and shipping confirmation
Delivery Confirmation
Customer confirms receipt or auto-confirmation after 24 hours
Instant Payment
Funds appear in your wallet within 24 hours, ready for withdrawal
Wallet Features
Your digiMall wallet is more than just a payment receiver - it's a comprehensive financial management tool for your business.
Real-Time Balance
View available balance, pending payments, and transaction history instantly
Analytics Dashboard
Track earnings trends, payment patterns, and financial performance metrics
Multi-Bank Support
Connect multiple bank accounts and choose withdrawal destinations
Payment Timeline
Understanding the exact payment timeline helps you manage cash flow and plan your business operations effectively.
Typical Payment Schedule
Security Measures
Your financial security is our top priority. Multiple layers of protection ensure your funds are always safe and secure.
Account Security
Authentication
- • Two-factor authentication (2FA) required
- • Biometric login support
- • Regular password requirements
- • Login activity monitoring
Transaction Security
- • All transactions encrypted
- • Real-time fraud detection
- • Withdrawal confirmation required
- • Suspicious activity alerts
Fund Protection
Your funds are protected through multiple security measures and insurance coverage.
Escrow Protection
Funds held securely until delivery
Insurance Coverage
Financial protection for all transactions
Compliance
CBN and international standards
Managing Your Funds
Efficiently manage your wallet balance, track transactions, and optimize your cash flow with our comprehensive tools.
Withdrawal Options
Financial Reporting
Cash Flow Optimization Tips
- • Maintain a cash reserve for immediate needs (30-45 days operating expenses)
- • Schedule regular withdrawals to your main business account
- • Use wallet analytics to predict peak earning periods
- • Set up automatic withdrawal rules for amounts above certain thresholds
- • Monitor payment patterns to optimize inventory purchasing
- • Keep records of all transactions for tax and accounting purposes