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Nigeria: PalmPay and Jumia Forge Strategic Partnership to Boost Digital Payments in Nigeria

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PalmPay, a leading Africa-focused fintech platform, has partnered with Jumia, a prominent e-commerce company, to advance Nigeria’s digital payment ecosystem. The collaboration aims to redefine the online shopping experience by integrating seamless and reliable payment solutions.

In a statement on Thursday, Sofia Zab, Chief Marketing Officer of PalmPay, emphasized the strategic significance of this partnership. She explained that the initiative would enable shoppers on Jumia to make payments directly using the PalmPay wallet, ensuring a smooth and efficient checkout process.

“We are proud to partner with Jumia as we bring together the best of fintech and e-commerce to redefine the online shopping experience,” said Zab. “At PalmPay, our mission has always been clear: to drive economic growth and fairness through user-friendly and inclusive financial services. Today, that mission takes a critical step forward as we join forces with Jumia.”

Zab further noted that the integration would streamline the checkout process by leveraging the unmatched reliability of the PalmPay network, while also supporting Nigeria’s transition to a cashless economy through secure and convenient payment options.

To mark the launch of this partnership, PalmPay and Jumia are introducing a special Christmas campaign, running from December 11 to December 30. During the campaign, customers who use PalmPay for their Jumia purchases will have the chance to win exciting cash rewards.

Sunil Natraj, CEO of Jumia Nigeria, highlighted the importance of the collaboration in strengthening Jumia’s commitment to fostering digital payment adoption.

“At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience,” said Natraj. “This partnership with PalmPay strengthens our commitment to enhancing digital payments within our platform.”

Natraj also expressed optimism about the long-term potential of the partnership, noting that it represents a shared vision to drive innovation, enhance consumer convenience, and promote the adoption of digital payments across Africa.

This collaboration between PalmPay and Jumia underscores the growing emphasis on digital solutions in Nigeria, setting a strong foundation for a more inclusive and cashless economy.

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