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A partnership between JumiaPay and Contact CreditTech to launch new financial services

Aya Hussain

JUMIA, the leading e-commerce platform in Africa, and Jumia Pay for the signing of a joint memorandum of understanding with Contact Credit Tech – the digital consumer finance arm of the Contact Financial Group, to launch new services in the field of financial services, especially consumer finance, on the various Jumia platforms.
2030 This partnership allows “Jumia” to provide different payment methods to facilitate the purchase process and create various financial solutions for Jumia and Contact customers, as the Contact Group in general and Contact Credit Tech take over In particular, a great interest in digital transformation in accordance with the vision of the Egyptian state 2030 and striving towards expanding the base of digital services provided to the Egyptian market and using the latest technologies in the field of financial technology.
2030 Mr. Ahmed Samir Kamel, Managing Director of Contact Credit Tech, indicated that the company always strives to find innovative financing solutions that are unique to it. Contact and be us A good study of the customer’s financial needs to enable him to pay his needs in installments to keep pace with the modern lifestyle without increasing the financial burden on his resources, indicating that this partnership will provide all Jumia customers with financial solutions aimed at enabling customers to complete the purchase process with ease through the latest technological solutions in the field of Consumer financing, which will help increase purchasing power. JumiaPay: “We are proud of our leadership in the Egyptian market, as Jumia and Jumia Pay always seek to provide unprecedented services to its customers, whether existing or new, and through our strategic partnership with Contact Credit Tech, it will help our customers to have a new experience of buying in a better way, especially since Contact financing services will be available to all Jumia customers, who do not have to be previous customers with Contact, pointing out that Jumia always seeks to meet all the needs of its customers from one platform, and it was necessary to develop the services available all the time to ensure a unique experience for customers, so our agreement came today with Contact. 2030 and who came Nabh Saeed Zaatar, CEO of Contact Financial Holding, said that the partnership with Jumia and JumiaPay came under the title, which is that the customer comes first, indicating that through this partnership, the needs of the platform users will be met, whether those dealing with the banking system or those who do not have dealings with banks.
2030 Zaatar revealed that the most important characteristic of Contact is the speed in responding to everything related to the customer’s needs. Finance and the availability of services in simple ways, which contributes to facilitating the movement of work and serving the customer to the fullest extent. This comes from our extensive experience in the field of finance in Egypt, which began more than year.