Jumia Pay: Latest Third Party Easy Payment Solution in Nigeria By Jumia.
Jumia, one of the biggest shopping mall in Nigeria and across Africa announced couple of days ago, that it is entering into the payment processing industry with Jumia Pay. A lot has been going on within the company lately, they have been absorbing startups under Africa Internet Group (AIG) to form Jumia brand. Some of their recently absorbed are Kaymu, Hellofood, Jovago, Lamudi etc. Few of the current Jumia services/subsidiaries are Jumia Cars, Jumia Food, Jumia House, Jumia Online Mall, Jumia Market, Jumia Travel etc.
JumiaPay is an upcoming payment method for Nigeria and other 22 African countries that Jumia operates in to provide a more convenient method of Payment to its users. Jumia Pay which is said to be modeled after Alibaba’s payment solution (Ali Pay) can be used outside Jumia services, it can also be used to pay for other online transactions such airtime top ups and utility bills.
Jumia has partnered with MTN, Orange and Tigo to launch their mobile money solutions on 20 platforms spanning across eight African countries which include Nigeria, Senegal,Ivory Coast, Cameroon, Rwanda, Uganda and Ghana.
Jumia Pay as a new payment method to facilitate online payments across 23 African countries they currently operates in, will be first implemented in Jumia’s biggest market, Nigeria. Jumia boast of more innovations to come before 2016 runs out.
Quoting Jumia CEO, Jeremy Hodara, Jumia-Pay has a very simple yet crucial objective: go even further in providing a safe, a secure and a convenient shopping experience to our customers, building trust along the way between us, our thousands of sellers and our millions of customers.
JumiaPay will be available as a payment option when checking out with an order. You will be required to select your bank account, fill in your details, and your Nigerian Uniform Bank Account Number (10 digit Uniban). Finally, to complete/authenticate a transaction, you will pass through two security checks.
That’s all on the new payment option, Jumia Pay, for now. Stay tuned for the similarities and differences between JumiaPay and Konga Pay. Kindly share this article using the social buttons below.