Escrow Fees vs. Fraud Loss: Why Safe Trade Is Worth Every Kobo

Imagine you see something you want to buy online—maybe a phone, sneakers, or even a bag of rice. You message the seller, agree on a price, and send your money. But after that… nothing. No delivery. No reply. You’ve been scammed.

This is happening to people every day in Nigeria, especially in WhatsApp groups and Instagram pages where people buy and sell informally. Some lose ₦5,000, others ₦50,000 or more. In fact, billions of naira are lost this way each year. The painful part? Most of it could have been avoided.

That’s where Ajé comes in.

What Is Escrow, and Why Does It Matter?

Think of Ajé like a reliable middle person. Instead of paying a seller directly, you pay Ajé first. Ajé keeps the money safe in an escrow wallet—just like putting it in a locked box. Once you confirm that the item has arrived and is okay, Ajé releases the money to the seller.

This is called escrow, and it’s not new. Big businesses use it all the time. What makes Ajé different is that it brings this kind of protection to the people who need it most—everyday traders, students, small business owners, and parents trying to buy uniforms online.

Ajé only charges a small fee—between 1.5% and 8% of the transaction amount, depending on size and risk. For a ₦10,000 transaction, that’s maybe ₦150 to ₦800. Compare that to losing the entire ₦10,000 to a scam, and it’s easy to see why this small fee is a smart investment.

Why Escrow Builds Trust and Grows Your Business

When buyers feel safe, they buy more. When sellers know they’ll be paid, they sell more confidently. Trust isn’t just good manners—it’s good business.

Ajé helps both sides:

• Buyers don’t worry about being cheated.

• Sellers can prove they’re reliable, and get repeat customers.

• Communities benefit from safer group trades and less conflict.

We’ve seen it: over 34% of Ajé trades come from repeat users. Once people try a safe way to trade, they don’t want to go back.

In Simple Terms: Spend a Little, Save a Lot

Would you rather lose ₦20,000 to a scammer or pay ₦400 to make sure your money is safe? That’s the power of escrow.

Ajé helps you trade confidently—whether you're buying school supplies, sending fabric across states, or selling services to someone in another country.

In a world where trust is often missing, Ajé makes sure you don’t have to trade it away.