Kaymu tackles pay-on-delivery, partners Interswitch on e-payment

In a bid to discourage payment on delivery considered one of the challenges of e-commerce in Nigeria, online marketplace, Kaymu.com.ng has partnered Interswitch to provide electronic payment options for its customers. Kaymu said through the partnership, hundreds of thousands of customers currently conducting business transactions via the Kaymu platform are provided with a reliable alternative pre-payment solution. Speaking on the partnership, Managing Director of Kaymu Nigeria, Sefik Bagdadioglu 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.” According to Bagdadioglu, 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,” he said. He added that, “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,” noting that “Kaymu’s partnership with Interswitch highlights its commitment towards developing effective payment solutions geared towards strengthening commerce and developing the country’s economy.”