First they merged all AIG subsidiaries into one big Jumia brand, and now, it seems like the next step in strengthening their market position is a payment method. That’s right, guys, Jumia is launching a payment method and they are calling it Jumia Pay.

Jumia Pay will serve the 23 African countries that Jumia currently operates in and it’s modelled after AliPay, Alibaba’s own payment solution. This means that apart from being a way for users to pay for their shopping online, Jumia Pay can also be used for other online payments like utility bills and airtime top ups.

According to Jumia CEO, Jeremy Hodara, Jumia Pay will provide a safe, secure and convenient shopping experience for all Jumia customers across its various platforms, and also foster financial inclusion.

Jumia Pay is set to launch first in Nigeria, which is Jumia’s biggest market, before rolling out to Jumia’s other markets in Africa.

More From TC
A lot is happening at Flutterwave right now
15th October 2018

Series A extension funding. Legendary payments icon joins the board. And the departure of its celebrity CEO.

Solar Saves Lives: One Hospital’s Story
people, startups
21st September 2018

Nigerian businesses including hospitals critically need power to survive and for some, to save lives. Renewable energy (especially off-grid) presents a strong proposition to address the power challenges.

830 Pregnant Women Die Daily, How Can Tech Help?
Funding, people, startups
21st September 2018

The top 20 countries in the world with the highest maternal mortality rates are in Africa making PPH as a factor in maternal mortality is a very serious problem that requires urgent attention.

Opinion: Why Nigeria’s Tech Ecosystem Shouldn’t Be Built Exclusively With Foreign Capital
Funding, people, startups
21st September 2018

El Dorado will be a tech ecosystem built by international and local investors in a sustainable manner creating win-win scenario for all parties alike.

TechCabal is a Big Cabal Media brand

Copyright © 2018
All rights reserved

Privacy & Terms