Leading Nigerian mobile money company, Paga, has signed an exclusive partnership with international shopping company, Orange Mall.
Orange Mall is an e-commerce solution making global shopping from international retailers available for easy purchase and shipment to Nigeria.
Paga secures exclusive partnership deal with Orange Mall https://t.co/AFEzG1lrF6 pic.twitter.com/4CZh61rMdd
— Nairametrics (@Nairametrics) November 16, 2018
Founded in 2012 by Tayo Oviosu, Paga works as a platform to transfer money, pay bills, and buy things digitally. Partnership with Orange Mall would see the mobile money operator serve as payment partner for the e-commerce company. This means that while Orange Mall handles operations, customer care, and logistics, Paga would be charged with processing all payments made through its secure wallet. Customers can thus link to their linked bank cards and accounts, or fund their wallets directly with cash.
Therefore, Paga users can shop on the global platform and pay locally with their Paga wallets.
“With Orange Mall, we are making it possible for our customers to shop globally and pay locally, increasing the utility of their Paga Wallets. One of the most important parts of this is that through this partnership, we can guarantee better pricing and painless payments for all Orange Mall customers,” said Paga’s General Manager for Online & Mobile, Folakemi Falodun.
.@mypaga just hit 10 million users!! Thank you to all who use Paga and place their trust in us! #makinglifepossible #JustPagait https://t.co/SkWyK2pH7n
— Tayo Oviosu (@oviosu) October 27, 2018
This announcement comes on the heels of impressive feats achieved by the company recently. First, it announced it had raised $10 million in a series B2 funding round from the Global Innovation Fund. With that, they plan to expand their business portfolio by partnering with relevant institutions to build a global payment ecosystem across many emerging markets. It also recently announced that it reached 10 million users barely months after reaching 9 million.
Our new app is here!!!! Read all about it now!! We are making money transfers simple! Just use any phone number or email. No transaction fees. No hidden charges. 100% free. 100% Gauranteed! Read more here:https://t.co/ZkdG4zbuhl
— Paga (@paga) August 30, 2018
The launch of its money transfer mobile app that further simplifies the P2P payment process from mobile devices, alongside this partnership underscores its overarching commitment to making life easier for Nigerians.
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