Audio By Carbonatix
Jumia, the leader in e-commerce in Ghana, has seen its fortunes grow in recent times thanks largely to the deployment of innovative concepts into its operations.
One such innovation that has seen patronage of the e-commerce giant’s products and services is the concept of cash-on-delivery.
This payment service which ensures that customers pay for their items purchased on the Jumia platform on delivery has been a driving force behind the rapid growth and acceptance of Jumia’s platform as a reliable customer-centred business.
Although mobile money service as a means of payment for purchases made on Jumia continues to grow, cash-on-delivery remains the preferred choice of most customers.
For instance, whereas mobile money payments accounted for 38 percent of all purchases on Jumia in 2018, according to the 2019 Jumia Mobile Report, cash-on-delivery accounted for 59 percent of all payments with other forms of payment like cards and bank transfers, making up the rest.
Explaining the rationale behind Jumia’s decision to use such innovative tactics as cash-on-delivery to drive growth, Ore Odusanya, the Country Manager of Jumia Ghana says “Our ultimate goal is to strive to increase adoption of our services, to build trust and improve the shopping experience of our customers.” “For us, cash-on-delivery is one such innovations that will ensure that we reach the unbanked or those outside the mainstream financial sector” he adds.
Ghana, with an unbanked population of around 70 percent of the populace, will for a long time see e-commerce businesses depend on such means of payment as cash-on-delivery and mobile money to serve the interest of especially for the underserved segment of the populace.
Latest Stories
-
NPP chairmanship race: Wontumi defends loyalty and experience
9 minutes -
Court cases do not bar political ambition – Chairman Wontumi
16 minutes -
Government to inspect MMDAs over building permit enforcement
16 minutes -
Cocoa must yield living income, free from deforestation and child labour – The Netherlands
19 minutes -
Regional minister marks birthday with donation to Jirapa St. Joseph Orphanage
35 minutes -
Trump’s $100,000 H-1B visa fee thrown out by judge
43 minutes -
Weak enforcement of audit findings fuels rising infractions across Africa – Experts
57 minutes -
MTN Home named title sponsor of The Build Project
1 hour -
AMA fines 13 offenders during National Sanitation Day exercise in Accra
1 hour -
Osu building demolished after structural failure raises safety concerns
1 hour -
Lands Minister Armah-Kofi Buah launches Responsible Cooperative Mining initiative for Akyem Kotoku in Eastern Region
1 hour -
Bonn Climate Talks: Ghana takes the floor on behalf of the African Group of Negotiators
1 hour -
Ghana Movie Awards: A great production marred by poor time management
1 hour -
DENSTAR project: Global consortium launches €11m dengue vaccine initiative for Africa
2 hours -
TEIN-KsTU lists Mahama government interventions easing tertiary student financial burden
2 hours