Disturbed by lethargy in financial and banking operations in the country, and to ease means of transaction on its platform, leading e-commerce company Jumia has said its subsidiary; JumiaPay will continue to simplify financial transaction for the growth of the sector.
The nation’s financial sector has in recent time witnessed innovations and creative ideas through fintech startups that has remarkably contributed to the realization of Central Bank of Nigeria (CBN) cashless policy.
According to the country Manager JumiaPay, Omolara Awoyemi, JumiaPay is another fintech platform designed to simplify and modify financial, transaction in a more convenient way.
The system which is only accessible to Jumia customers according to her would be made available to outsiders in the future.
She said the project was built with maximum cyber security that will ease means of transaction through Jumia.
‘’ JumiaPay is a payment and financial inclusion company under Jumia. It integrates local payment methods that are beneficial to the markets, for example, paying with your card is the payment method that everyone wants to use.
Fintech has developed and offers transactions in a simpler and convenient manner, that is what JumiaPay is all about. It is about simplicity and convenience.’’