Jumia Announces Buy Now, Pay Later Partnerships with Easybuy and CredPal in Nigeria.
Jumia, Africa’s leading e-commerce platform, announced two new Buy Now, Pay Later (BNPL) partnerships with Newedge’s Easybuy and CredPal.
These partnerships will enable Nigerian consumers to make purchases on Jumia and spread their payments over time, facilitating cashless payments and expanding access to Jumia’s marketplace.
Sunil Natraj, CEO of Jumia Nigeria said,
“We are excited to announce the addition of Easybuy and CredPal as payment options for Jumia customers in Nigeria. The addition of BNPL options is an exciting and innovative way to drive e-commerce adoption and accessibility while expanding the purchasing power of our customers.”
He went on to emphasize the partnerships’ perfect alignment with Jumia’s mission to make e-commerce more accessible and inclusive for all consumers. By integrated Buy Now, Pay Later solution, Jumia removes the the barrier of immediate point of sales payment, thereby enabling Nigerians to purchase essential items and pay in a much later date.
He emphasized the company’s commitment to providing Nigerians with a broader range of payment options and fostering financial inclusion within the e-commerce space.
