In line with the Central Bank of Nigeria (CBN) cashless policy, Kaymu.com.ng, one of Nigeria’s fastest growing online marketplace has introduced an e-transaction payment service called SafePay. This, it said is geared at making online transactions safe and easy for Nigerians.
The Managing Director, Kaymu, Lukas Zels, said SafePay was a necessary step to empower Nigerians through e-Commerce.
He explained that SafePay “is an escrow service whereby buyers pay directly to Kaymu for items bought plus the cost of delivery and sellers send item purchased to the buyer before receiving the money from Kaymu.”
He said the rationale was to make transactions across Nigeria safe for buyers and sellers. This will create a great environment for trade on our platform. Most especially, small and specialized sellers with great products will benefit from the huge audience that they can securely sell to now.”
According to the MD, the platform would provide both parties with 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.”
“With this, more buyers will purchase a seller’s items and a seller has the guarantee to receive payment for his goods. However, he will receive the goods back, if a buyer eventually does not buy again. As for the buyers, they have the guarantee to receive items paid for or a refund of their money, in addition with delivery costs”, Zels added
Both Kaymu buyers and sellers are quite pleased with this payment solution; “with Kaymu Safepay, I can now pay safely online without any fear of fraud. I can also prepay for the product without having to wait at home to pay when delivered. Kaymu SafePay has made online shopping more convenient for me.” Said Ganiyu Rasheed, one of the satisfied customers of Kaymu.com.ng
“Kaymu provides us with a payment tool that is easy and convenient. We can now tell our customers to use Kaymu Safepay to prepay for their products. Seeing that we support payment with Kaymu, our customers from places where we don’t offer cash on delivery are willing to buy online. We have obtained a lot of business opportunities through Kaymu Safepay” added Tito Philips, Jnr. a successful seller on Kaymu.