Kaymu Launches SafePay, for e-Commerce Transactions In Nigeria
Staff Writer
Nigeria’s fastest growing online marketplace, Kaymu in her bid to empower Nigerians through e-Commerce has just launched a revolutionary payment solution called SafePay™.
According to the MD, Lukas Zels;
“Kaymu SafePay™ is a necessary step in the Nigerian e-Commerce industry. We introduced Kaymu SafePay™ to make transactions across Nigeria safe for buyers and sellers. This will create a great environment for trade on our platform. Especially small and specialized sellers with great products will benefit from the hugh audience that they can securely sell to now.”
The prevailing payment solution within Nigeria’s e-Commerce space is COD –cash on delivery or POD –Payment on delivery. This model works fine for e-Commerce transactions for those within the same state where both sellers and buyers can meet physically to exchange products for cash.
Over time, the challenge has often been with those outside the seller or buyer’s location/state where payment has to be made before product is delivered. With the introduction of SafePay™, buying or selling online from anywhere in Nigeria is now secured; people can now trade with confidence!
How does SafePay™ Work?SafePay™ is an escrow service provided by Kaymu whereby buyers pay directly to Kaymu for items bought plus the cost of delivery while sellers have to send the item purchased to the buyer before receiving the money from kaymu.
In other words, Kaymu stands as a trusted intermediary between buyers and sellers to ensure that both parties enjoy a secure e-Commerce transaction. If goods bought are not delivered to the buyer or doesn’t meet the expected conditions as displayed online, Kaymu refunds the money paid to the buyer and the seller gets their goods back from the buyer.
Benefits of using SafePay™
Seller: more buyers will purchase your items if you allow Kaymu SafePay™ You have the guarantee to receive either your money or the item back.
Buyer: you have the guarantee to receive your item, if not we refund your money+ delivery costs!
About Kaymu
Kaymu.com.ng is an e-Commerce site that facilitates buying and selling online all across Nigeria. It offers sellers the opportunity to own a shop online where they can sell more of their items to the growing numbers of Nigerians online, currently over 60 million and offer buyers the opportunity to get incredible deals on all items ranging from fashion to electronics and even unique collectibles or gifts.
Soon after launch, already over 6000 products have been listed, ranging from phones and tablets on Kaymu to fashion.
