" ITREALMS: Why Innovectives partnered MasterCard, UBA, Konga on e-Commerce - Agha

Thursday, May 26, 2016

Why Innovectives partnered MasterCard, UBA, Konga on e-Commerce - Agha

The certified mobile point of sale [mPOS] service provider, Innovectives has explained why the firm is collaborating with the trio of MasterCard, United Bank for Africa (UBA) and Konga on e-commerce, reports ITRealms.

The Managing Director and Chief Executive officer, Innovectives, Mr. Emmanuel Agha, gave this explanation, saying the company was created as a seamless delivery and payment system by integrating mPOS solution into Konga's services. 

“Payments on mPOS are 100 per cent secure. It is accepted on all local and international cards,” he said, stressing that Kesh mPOS, powered by Innovectives and supported by MasterCard and UBA will make it easier for Konga customers to pay for their orders and enhance payment acceptance while making reconciliation easy for Konga customers and sales agents.

The new mPOS, he also said, accepts MasterCard, Visa and Verve cards from all banks, and it enables Konga delivery agents to easily capture sales. Just as other cards accepted on mPOS are UnionPay, Freedom Card and Genesis cards.

“Customers can also confirm payments on the spot thus improving accountability in e-commerce transactions,” Agha assured.

Emphasising that the level of e-commerce transactions conducted in Nigeria in the past three years has increased exponentially but the challenge is that 95 per cent of the transactions are pay-on-delivery, which largely involve settling with cash.

“Our mPOS solution is designed to improve the delivery process and reduce cash handling in the entire order fulfilment process as well as make reconciliation seamless" he said, adding that the company has partnered with Konga and integrated the innovative payment solution because it offers Nigerians who are increasingly shopping online sheer convenience. MPOS offers a significant improvement in transparency in the way customers pay for their goods.

Konga has adopted convenient, cutting edge and secure payment solutions to reduce cash handling and enhance the shopping experience for its customers.

For the Divisional Head, Digital Banking, UBA, Dr. Yinka Adedeji explained that Konga delivery would be able to accept payments from a phone like POS terminal. “UBA is powering this with its advanced digital payments technology.”

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