About a day. Most merchants are selling within an hour.
No. You can start selling immediately and register through Koda later.
No. Describe your business and Koda builds a storefront and brand kit around it.
No. Koda is a fintech. Your account is a real NUBAN held at a CBN-licensed partner bank (Wema, Providus, or Anchor).
Your business's name once registered, or your personal trading name until then.
Card, bank transfer (NIP), USSD, and mobile money — all paid directly into your Koda account.
Every payment is tied to an order, customer, and channel, sourced from the account ledger — not a recomputed number.
It's how your identity is verified before a real bank account can be opened in your name, in line with CBN requirements.
BVN and NIN are processed by licensed KYC partners (NIBSS, VerifyMe) and masked everywhere in the Koda interface.
You can still explore Koda, but money features stay locked — verification is what unlocks the account and payments.
Standard Nigerian processing fees apply (typically around 1.5%). See the Pricing page for full detail.
The core plan is free to start; paid plans add AI credit packs and extra tooling. See Pricing.
Small businesses below the threshold are not required to file VAT. Koda's Tax module will tell you when you cross it — informational only, not tax advice.