, NAIROBI, Kenya, Nov 16 – Equity Bank has entered into a long-term deal with e-commerce retailer, Jumia, to offer customers a seamless online payment.
Customers purchasing on the Jumia online platform will be able to pay directly from their Equity Bank account through EazzyPay, which is integrated on the Jumia site.
In addition, Equity Bank is offering instant EazzyLoans which are accessible through EazzyApp that can be downloaded for free from Google Playstore or Apple’s App Store.
“We are excited to partner with the leading bank in Kenya to provide our customers with a seamless online payment option. We are confident they will find the EazzyPay mode secure and convenient as well. This is a major milestone for e-commerce and banking in Kenya,” said Sam Chappatte, Jumia MD.
Equity Bank’s CEO, Dr. James Mwangi, noted that the Bank is keen on supporting its customers who shop on the platform to make payments easily.
“Equity Bank is always exploring ways to fulfil the aspirations of its millions of customers. Our partnership with e-commerce platforms like Jumia would give an impetus to e-commerce and bring lots of value to our retail and SME customers,” he added.
Jumia hopes to tap more into the Equity Bank clientele base through the partnership enhancing their consumer journey through a reliable and more convenient platform as it becomes one of the first developers to adopt the EazzyAPIs.
The move will also in turn boost e-commerce uptake in the country which is growing by double digits.