Trust & Transparency
How Vault holds your money
Vault is a payroll commitment platform by Prodeegi. We help you set money aside for salaries so payday stops being a scramble. Here's exactly what happens under the hood.
Step 01
You deposit via Paystack
Every deposit to your Salary Vault is processed by Paystack — a licensed Nigerian payment processor. Funds move from your business account into Paystack's settlement account under your Paystack merchant. Prodeegi never touches your money.
Step 02
Vault earmarks it for payroll
Vault records that deposit against your Salary Vault balance and locks it in the UI. This is a commitment layer — the money is meant only for salaries, and the product actively discourages spending it on anything else.
Step 03
On payday, salaries are released
When you run payroll, Vault records the payout, notifies each employee with a branded payslip email, and updates your vault balance. Actual disbursement to employee bank accounts happens through Paystack Transfers.
Step 04
What Vault is (and isn't)
Vault is software. It is not a bank, a licensed deposit taker, or a money transmitter. It does not earn interest on your behalf. It is a founder trust tool — a way to make payroll a promise your business keeps to itself, and to your team.
Questions about custody or compliance?
Email us at support@prodeegi.com — we'd rather answer a tough question up front than lose your trust later.