How Bloc is Innovating a Cashless Future for Nigerian Businesses.

Bloc is building a global one-stop-shop for digital payments. Here's how we equip businesses with the power to increase efficiency, gain financial control and improve security.

Nigeria is witnessing a significant shift in its financial terrain.

The global trend moving towards cashless transactions is undeniable, however in Nigeria, the journey presents unique challenges. Limited access to formal banking, low smartphone penetration in certain regions, and a general lack of awareness about digital payment benefits hold back widespread adoption.

While cash remains ingrained in daily transactions, the adoption of digital payments is also rapidly gaining momentum as traditional banks now face competition from neobanks, offering more services and regular cards. This is gradually giving neobanks an edge, as more customers are embracing the unique offerings and ease associated with them.

Bloc aims to remove the barriers and simplify the transition to a cashless ecosystem for Nigerian businesses by offering a comprehensive suite of banking and payments operation solutions.

Bloc: A One-Stop-Shop for Digital Payments

Bloc provides a user-friendly platform that equips businesses with the tools they need to manage finances efficiently, securely, and conveniently.

Here's how:

  • Business Accounts & Subaccounts: Say goodbye to the hassles of managing multiple accounts. Bloc offers dedicated business accounts, allowing you to separate business finances from personal transactions. Additionally, you can create sub-accounts for specific purposes like project budgets or employee reimbursements, ensuring better financial organization and control.
  • Virtual Cards & Payment Links: Ditch the physical cards and embrace a secure online payment experience. Bloc allows you to issue virtual cards for secure online purchases, eliminating the risk of theft or loss. Additionally, you can generate unique payment links simplifying invoicing and streamlining your customer collections.
  • Bill Payments & POS Terminals: No more time-consuming trips to the bank or juggling cash payments to vendors. Bloc facilitates seamless airtime, cable TV and electricity payments, saving you valuable time and effort. Additionally, our POS Terminal solutions enable effortless acceptance of in-person payments, enhancing your customer's experience and reducing reconciliation complexities.

Bloc is built for businesses that go the distance

Bloc's solutions go beyond mere convenience. We equip businesses with the power to:

  • Increase Efficiency: Carry out mundane tasks like on-the-go payments and expense tracking, without sweating it. This frees up your valuable time and resources to focus on core business activities.
  • Gain Control: Get a comprehensive overview of your finances with our detailed transaction tracking and reporting features. This financial visibility empowers you to make informed decisions and optimize spending.
  • Improve Security: Eliminate the risks associated with handling cash by leveraging secure virtual cards. Bloc's robust security measures ensure the safety of your financial information and transactions.

Nigeria’s Cashless Future

Nigeria's potential for a cashless future is immense. Bloc is actively driving this transformation by removing the complexities associated with digital payments. This commitment to innovation and user-centricity empowers businesses to adapt to the changing consumer behaviour and also thrive in the digital age.

Ready to Embrace the Future?

Sign up on Bloc at and discover how Bloc can help your business can navigate its finances with confidence, security, and efficiency.

Toluwanimi Olubanke