How to grow your payments app with cashew and nut processors
By SendPay Business · · 2 min read
Cashews, groundnuts and other nuts are grown by millions of small farmers, and much of the crop passes through small local processors. They buy raw nuts in the buying season, shell, dry, roast and pack them, and sell to shops, supermarkets, markets and wholesale buyers, sometimes far away. Farmers and traders usually want cash on the spot, workers are often paid daily or by the kilo, and buyers pay later. A payments app that pays suppliers and workers by phone, sends payment links for orders and takes payments from shops can win these processors, and every farmer, worker and buyer they deal with sees your app.
Talk to cashew and nut processors
Ask local cashew and nut processors:
- How do you pay farmers and traders for raw nuts today?
- How do you pay the workers who shell, sort and pack?
- Do shops or wholesale buyers pay you on delivery or later?
- Do you sell to buyers in other towns or countries?
Pay suppliers and workers by phone
Letting processors pay farmers when nuts are weighed and pay workers by the day or by the kilo means less cash kept on site and a clear record of every payment.
Get paid for orders
Sending a payment link with each order, or letting shops pay by phone on delivery, helps processors get paid faster and chase fewer late payers.
Grow through farmers and buyers
Each processor buys from many farmers and sells to many shops. When they all pay and get paid through your app, one processor brings a whole supply chain onto it.
Build it
Create your own financial platform.
Pick a template, name it, brand it, preview every page before you pay. Your brand, your users, your fees.
Build my platform →Questions people ask
What about shea butter processors?
The shea butter and palm oil processors guide covers small processors, often women's groups, who buy from collectors and farmers and sell to traders, shops and exporters.
Shea butter and palm oil processors →What about cassava processors?
The cassava and garri processors guide covers turning fresh roots into garri, fufu, flour and starch, buying from many farmers and selling to traders, mostly in cash.
Cassava and garri processors →Can I call it a bank?
In most countries "bank" is a protected word you can only use with a banking licence. Call it an account, a wallet, an app or a platform. The accounts and payments behind a SendPay Business platform are powered by licensed partners.
Is there a step-by-step plan I can follow?
Yes. The free launch checklist takes you from picking your people and naming your app to setting fees, going live and winning your first ten customers.
Digital bank app launch checklist →How do I start?
Pick a template, name it and preview every page before you pay. Your platform can be live on your own domain within 24 hours of confirmation.
Build my platform →Read next
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. PayPal, Patreon and Substack are named as reference points only and are not affiliated with SendPay Business.