HomeeCommerceKongaPay - Easy Payment for Online Shopping

KongaPay – Easy Payment for Online Shopping

Nigeria’s leading e-commerce site Konga has taken the veil off its own unique payment solution called KongaPay, which looks set to redefine the e-commerce and online shopping scene in the country.

KongaPay Online Payment Solution

The new payment solution was first rumoured few months back after Konga advertised for the position of a KongaPay manager. The local e-commerce giant finally launched the payment solution recently at a low-key event.

About KongaPay

This payment gateway is designed to enable Konga customers pay seamlessly on the site. It eliminates the need for customers to enter their card details each time they are making purchases online.

All you need to start using the KongaPay service is an active local bank account and a registered phone number. After set-up, which includes entering your name, phone number, bank details and date of birth, you only need a one-time PIN to complete all transactions you will be making from then on.

For every purchase, your bank will send you a one-time code via SMS to your registered mobile phone, which you must enter to authorise the purchase.

The payment solution will even support one-click refunds for orders that are cancelled. KongaPay is the result of partnerships between Konga and several Nigerian banks.

AliPay, a payment gateway created by Alibaba, is obviously the inspiration for KongaPay. That payment solution has been instrumental to the success of the leading Chinese e-commerce store and facilitates a significant portion of electronic payment transactions in China.

Konga, no doubt, wishes to replicate the success of AliPay with its own payment solution in Nigeria.

The operation of KongaPay is also somewhat similar to GTPay, which Konga already supports for its customers banking with Guarantee Trust Bank.

The main difference between the two payment solutions is the fact that KongaPay does not require users to be using internet banking services, unlike GTPay which needs an internet banking token to be entered to complete transactions.

KongaPay is a potential game-changer on the e-commerce and online shopping space in Nigeria and looks set to test the resilience of Interswitch. It will be available to customers from July starting with the Konga marketplace, but we will not be surprised KongaPay begis to showup in other online stores and ecommerce websites in Nigeria.

More on Konga

Paschal Okafor is NaijaTechGuide Team Lead. The article KongaPay – Easy Payment for Online Shopping was written by Paschal Okafor. The article was last modified: November 10th, 2016
Jumia Brand Festival is now Live
NaijaTechGuide may receive financial compensation for products/services purchased through affiliate links on this site. See full Affiliate Disclosure Here
Paschal Okafor
Paschal Okafor
Paschal Okafor is the founder of NaijaTechGuide. Over the past 15 years, he has managed to turn a blog that started life on a Google Blogger subdomain into the Largest Technology Blog in Nigeria and quite possibly the largest in Africa. Paschal has been building, analyzing, and maintaining websites for over 17 years and can offer you his wealth of experience to help you get the best results for your blog or website.

Recommended Read on NaijaTechGuide

Best Content Marketing Tools for 2023

As a content marketer, you have a lot of tasks to accomplish. You need...

Best VPN Services Providers for 2023

The internet is one of the greatest achievements of humanity, but it is also...

Best Laptops for Students 2023: 11 Top Picks to Choose From

So, you are a student who is looking to get the best laptop they...

Cheap Android Phones 2023 – Price, Specs, and Best Deals

Android phones are the most popular smartphone category. The popularity of Android phones are...

Best Android Phones 2023 – Price, Specs, and Best Deals

New Android Phones are launched into the market every week. This means that if...

Best Web Hosting Services for Building Websites in 2023

A good and reliable web hosting service will make a big difference for your...
All the Best Deals on Jum

More like this

Creative Branding ― or How to Grab Customers’ Attention in a few Seconds

Worldwide trends suddenly shifted at the beginning of the 20th century when technology faced...

Reconstructing Society in a Decaying World: Decimated’s DIO Initiative

In a world grappling with decay and challenges, the initiative by Decimated called DIO...

Reimagining Decentralization: ChainX (PCX)’s Role in Reshaping the Blockchain Ecosystem

In the rapidly evolving world of blockchain technology, decentralization has emerged as a key...