By Juliet Umeh

In response to the challenges that small and medium enterprises face, a technology company, OnePipe, has launched a new payment solution PaywithAccount in Nigeria.

The solution launched in Lagos on Friday, is a direct-from-account payment solution by OnePipe that helps businesses automate and simplify collections, reducing delays and improving cash flow predictability.

This solution debuted because, for many Nigerian small business owners, cash flow isn’t just a challenge—it’s a constant battle. 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 for various reasons, with 33% of affected businesses reporting severe consequences. Traditional systems often involve manual invoicing, repeated follow-ups, and high transaction fees, leaving business owners with less time to focus on growth.

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

CEO of OnePipe, Mr. Ope Adeoye, said:

“This is a commitment to empowering Nigerian businesses. Small businesses are the backbone of our economy, but too many struggle simply because getting paid is a challenge.

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.”

Executive Director of Nigeria Inter-Bank Settlement Systems PLC, NIBSS, Ngover Ihyembe-Nwankwo, added: “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.

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

Founder of King’s Court School in Lagos, Mrs. Olumide Ashade, noted:

“As a school owner, I want to focus on my students, not spend hours tracking unpaid fees. 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.”

Also, Founder of Lendsqr, Adedeji Olowe, said: “Reliable repayment is the backbone of growth for lenders. At Lendsqr, we understand that payment delays are a significant problem.

“We have helped many of our lenders transition from debit cards to PaywithAccount, which reliably ensures loan repayments are on schedule.”

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.