On most e-commerce platforms in Nigeria, transactions are paid for on delivery, an option that is fraught with several challenges.
To eradicate these challenges, online store, Kaymu has partnered with mobile payment system provider, Interswitch to facilitate electronic payment options for users of its platform.
According to Managing Director of Kaymu, Sefik Bagdadioglu, the partnership became necessary to promote a secure and enabling environment for users on the platform.
He said: “Trust is a major issue in e-commerce and we take this very seriously at Kaymu.
“It is an essential component in every part of the transaction, from honest product descriptions right through to reliable payment options.
“This necessitated a partnership with Interswitch to promote a secure and enabling environment for people to make pre-payments for products purchased on Kaymu.
“The primary focus of this collaboration is to bring even greater convenience to the customer. By partnering with Interswitch to create more accessible payment channels, Kaymu is further opening up the e-commerce space to all consumers.
“By working with like-minded partners, we are offering the Nigerian consumer easy, secure and most importantly free payment options with the aim to continue to pioneer the Nigerian online ecosystem through innovation.
“The pre-payment gateway promotes business transactions across the country via the Kaymu platform. Now, customers can make secure payments for products they desire from the comfort of their homes or offices irrespective of location and sellers encouraged to ship products outside of their states.
“Kaymu’s partnership with Interswitch highlights its commitment towards developing effective payment solutions geared towards strengthening commerce and developing the country’s economy.”