PaywithAccount Launches to Ease Cash Flow Struggles for Nigerian MSMEs

OnePipe has launched PaywithAccount, a direct-from-account payment solution that helps businesses automate and simplify collections, reducing delays and improving cash flow predictability.

With PaywithAccount, businesses can collect payments directly from customer bank accounts—securely and automatically—without the need for cards, manual reminders, or complex reconciliations.

The new initiative is in response to the constant challenge of cash flow suffered by many Nigerian small business owners.

Whether it’s schools struggling with delayed tuition payments, logistics firms dealing with inconsistent driver remittances, or cooperatives managing member contributions, the process of collecting payments remains inefficient, unpredictable, and time-consuming.

A study by PwC revealed that 48% of Nigerian Micro, Small, and Medium Enterprises (MSMEs) have experienced delayed payments due to different reasons, with 33% of affected businesses reporting severe consequences.

Whereas, traditional systems often involve manual invoicing, repeated follow-ups, and high transaction fees, leaving business owners with less time to focus on growing their operations.

For entrepreneurs across Nigeria, the ability to receive payments on time means the difference between survival and growth.

“As a school owner, I want to focus on my students, not spend hours tracking unpaid fees,” said Mrs. Olumide Ashade, Founder of King’s Court School in Lagos.

“Many of our parents pay in installments, but managing these payments manually has been stressful. A solution like PaywithAccount means we can offer flexibility to parents while keeping our finances in order.”

According to Adedeji Olowe, Founder, Lendsq, “Reliable repayment is the backbone of growth for lenders. At Lendsqr, we understand that payment delays are a significant problem for lenders. We have helped many of our lenders transition from debit cards to PaywithAccount which reliably ensures loan repayments are on schedule.”

Meanwhile, Ngover Ihyembe-Nwankwo, Executive Director of Nigeria Inter-Bank Settlement Systems PLC (NIBSS), said: “At NIBSS, our core vision is to empower the financial ecosystem to innovate within the framework of interoperability, ease of connectivity, collaboration, and cost-optimization.”

She added that PaywithAccount is another heartening example of what happens when industry players leverage these guardrails to enhance the overall quality of the nation’s digital payment system.

For Ope Adeoye, CEO of OnePipe, this is a commitment to empowering Nigerian businesses.

According to him, “Small businesses are the backbone of our economy, but too many struggle simply because getting paid is a challenge.”

He addee: “We believe financial technology should remove obstacles, not create them. PaywithAccount helps businesses worry less about collections so they can focus on what truly matters—growth, innovation, and serving their customers.”

He assured that with PaywithAccount, small businesses across Nigeria can now eliminate the stress of late payments, automate their collections, and take full control of their financial future.