Equity Bank has entered into a partnership with e-commerce retailer, Jumia, to offer their customers a seamless online payment option known as EazzyPay.
In a statement, Equity Bank’s CEO, Dr. James Mwangi, said the bank is keen on supporting its customers who shop on the platform to make payments easily.
"Equity Bank is always exploring ways to fulfill the aspirations of its millions of customers. Our partnership with e-commerce platforms like Jumia would give an impetus to e-commerce and bring lots of value to our retail and SME customers," he said.
Customers purchasing on the Jumia online platform will be able to pay directly from their Equity Bank account through EazzyPay, which is integrated on the Jumia site.
“We are excited to partner with the leading bank in Kenya to provide our customers with a seamless online payment option. We are confident they will find the EazzyPay mode secure and convenient as well. This is a major milestone for e-commerce and banking in Kenya."
Sam Chappatte, MD Jumia said.
Jumia hopes to tap more into the Equity Bank clientele base through the partnership enhancing their consumer journey through a reliable and more convenient platform as it becomes one of the first developers to adopt the EazzyAPIs. The move will also in turn boost e-commerce uptake in the country which is growing by double digits.
