ONLINE PAYMENTS: KENYAN CONTEXT

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ONLINE PAYMENTS: KENYAN CONTEXT


With E-commerce, it automatically creates a perception that the transaction is mostly cashless with an occasional option of Cash on Delivery(COD) when requested.Websites such as Jumia and Kilimall entered the space as the pioneer nationwide e-commerce websites in Kenya.
The reception has been great with Kenyans slowly taking up the concept of e-commerce. Other international companies have also entered the African market but realized that online payment is a long shot. An example is Uber who have an option of paying via credit card but it is rarely used. What is the problem herein?
Don’t we have credit/debit cards? Is it a tedious process?  Is there fear of giving out personal Information? Are they expensive/Additional Charges?Jumia has been able to implement use of credit cards as a payment methods. This is a standard industry procedure for any business to be termed as an ‘e-commerce’ website. Other ventures continue to consider mobile money payment via Mpesa as an online payment method. There seems to be a form of skepticism from the buyer and the seller.
At Mambo Wallet, we introduce a touch of paying and receiving money either online,via bank account and mobile money platforms. We offer a variety of services which will be discussed independently on subsequent posts. STAY TUNED!
Mambo Wallet makes it easy in stores, online or to anyone in the world.

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