Your Parts Are Ready.
Your Payment Is Stuck

BitStac moves money to your Chinese suppliers faster than
your bank does paperwork. No more 7-day wires, inflated FX,
or exchangers you can't scale with.

Auto parts importer: bank wire fees, settlement time, and Bitstac target

THE PROBLEM

Three things bleeding your business

Nigeria's auto parts import market is worth $200M+ annually. But the
payment infrastructure? Built for 2004.

Every bank wire costs you 2–5% in fees plus a hidden 3–5% exchange margin. On a $100K shipment, you're losing $5,000–$10,000 before the container even moves. Thats up to ₦15M lost on a single ₦150M order.

Banks That
Charge Like
It's a Luxury
Service

3–7 business days for a wire to settle. In that time, your Chinese supplier allocates stock to someone who paid faster. Seasonal demand waits for no one especially not your bank.

Delayed
Wires =
Delayed
Shipments =
Lost Sales

Yes, traders give you 1–2% margins. But they're cash-based, create audit nightmares, and almost all cap at $50–100K per transaction. You cannot grow a ₦500M/month operation on informal channels that won't follow you there

Exchangers:
Better Rates,
Impossible to
Scale

What a ₦150M order actually costs you today

Bank wire fee (2–5%)
₦3M–₦7.5M lost FX margin (3–5%)
4.5M–₦7.5M lost 7-day delay
Lost orders. Lost suppliers. Lost season.

Total loss: Up to ₦15M per transaction.

With BitStac: 1% flat.
Transparent. Auditable.

HOW WE WORK

Invoice to delivery. Four steps

Step 01 — Submit
Your Invoice

Upload your pro-forma or final invoice from your supplier in China, Japan, or Dubai. We verify the details instantly.

Step 02 — Lock
Your Rate

Get a transparent FX quote. No hidden fees or bank commissions. What you see is exactly what you pay.

Step 03 — We Pay
Your Supplier

RMB, JPY, or USD sent directly to the manufacturer. Most payments settle in under 24 hours.

Step 04 — Track
to Delivery

Get real-time updates on your payment and shipping status, all within the Bitstac dashboard.

BUILT FOR AUTO PARTS IMPORTERS

Everything your trade needs in
one platform

Payments Fast
Cross-Border
Payments

LIVE NOW

Pay Chinese and Japanese suppliers in under 24 hours. Stablecoin-powered rails mean better rates than any bank wire, with full documentation and a clean audit trail.

Near-interbank FX via
stablecoin settlement
RMB-native routing — no
USD double-conversion
Full documentation and audit
trail for CBN compliance

Trade Finance
Working Capital for
Bulk Orders

COMING SOON

Suppliers demand 30–50% upfront. Your customers pay net-30. BitStac bridges the gap so cash flow doesn't kill your growth.

Trade financing for $50K-
$500K+ orders
AI-powered credit
assessment — fast decisions
Flexible repayment aligned
to your shipment cycle

Sourcing Verified
Supplier
Network

COMING SOON

Pre-vetted Chinese, Japanese, and German exporters. Better pricing than Alibaba, with manufacturer-verified specs and dedicated account support.

Direct non-factory access
- no middlemen
Engine parts, electricals, body
panels, tyres
Warranty management
handled for you

Quality Control
Verify Before You
Pay Final

COMING SOON

Counterfeit and substandard parts are a billion-dollar problem in Nigeria. Integrated inspections via SGS and Bureau Veritas mean you pay only for exactly what you ordered.

SGS, Bureau Veritas, Intertek
inspections
Authenticity and compatibility
verification
Inspection report before
final payment authorization

Logistics Freight +
Customs
Coordination

COMING SOON

Apapa port delays and customs classification disputes cost you weeks. Our logistics partners keep your containers moving and your duties in order.

Freight forwarder partnerships
for competitive rates
Customs documentation
support
Port clearance tracking on
your dashboard

EARLY ACCESS

Stop Paying.
Start Winning

The first 50 auto parts importers get locked-in partner rates, a dedicated account manager, and priority onboarding before our public launch

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