Jumia joins forces with valU to provide new payment solution

Jumia joins forces with valU to provide new payment solution

Cairo – Mubasher: E-commerce platform Jumia Egypt as well as the fintech electronic payments provider JumiaPay have partnered with valU to enable a new online payment service, according to a press release on Tuesday. The buy-now, pay-later (BNPL) fintech platform valU will become a payment solution provider through Jumia and JumiaPay, where the latter will be a gateway to manage payment operations of valU consumers by linking both parties for electronic payment services. Managing Director of JumiaPay Egypt, Tawfik Mahmoud, said: “This cooperation enables JumiaPay vendors to accept valU transactions as a method of payment which will increase their sales volumes.” var width=document.documentElement.clientWidth;if(width>=320&&width<728){}; googletag.cmd.push(function(){try{var d=document.documentElement.clientWidth;var a;var c="/21857811890/en.zcom/";var b;if(d>=320&&d<728){a=[300,250];b=["mobile_mr_story"]}else{a=[300,250];b=["MR_Story"]}var h="MR_Story";var g=googletag.defineSlot("/21857811890/en.zcom/",a,"div-gpt-ad-MR_Story").setTargeting("type",b).addService(googletag.pubads());gptAdSlots.push(g);if(h!="MR_Story"){googletag.pubads().collapseEmptyDivs(true,true)}googletag.pubads().enableSingleRequest();googletag.enableServices();if((h=="PSB_Left")||(h=="mobile_psb_left")||(h=="PSB_Top")||(h=="mobile_psb_top")||(h=="PSB_Bottom")||(h=="mobile_psb_bottom")||(h=="PSB_Middle")||(h=="mobile_psb_middle")||(h=="leaderboard_home")||(h=="leaderboard_bottom_home")||(h=="mobile_leaderboard_home")||(h=="mobile_leaderboard_bottom_home")){setInterval(function(){googletag.pubads().refresh([g])},240000)}}catch(f){console.log("Error loading Ad banner "+h)}}); try{googletag.cmd.push(function(){googletag.display("div-gpt-ad-MR_Story")})}catch(e){console.log("Error displaying Ad banner "+bannerName)}; Under this partnership, customers will be able to pay interest-free in instalments over a nine-month period. CEO of Jumia, Hesham Safwat, commented: “The two companies aim to provide the best instalment services, which in return will increase the number of consumers transacting on our e-commerce platform elevating the financial burden on them.” Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. ( Syndigate.info ). Disclaimer: The content of this article is syndicated or