If you go shopping on top global ecommerce sites such as Amazon and Aliexpress, you may have observed that they have their own payment system which allows you buy things from their site without using debit cards e.g. AliPay. Konga released its own payment system on April 26, 2016 called KongaPay, It is a safe payment platform which will make it possible for Konga consumers spend for products without utilizing debit or credit cards.
Konga has incorporated Konga Pay with the internet banking portals of significant banks in Nigeria making this work, the participating banks are: Access Bank, Diamond Bank, Ecobank, FCMB, Fidelity Bank, First Bank, GTBank, Heritage Bank, Jaiz Bank, Keystone Bank, Stanbic IBTC Bank, Skye Bank, Standard Chartered Bank, Sterling Bank, UBA, Union Bank, Unity Bank, Wema Bank and Zenith Bank. When you register for KongaPay, your selected checking account will be directly connected to your Konga account and the integration works no matter the fact that your savings account is internet banking allowed or not.
At the introducing ceremony, Konga.com’s CEO said “Konga is launching KongaPay payment solution due to the fact that we want Nigerians and Africans at big to experience the very best of service at their benefit. This indicates we continuously progress to be more appropriate to consumers and society.”
Konga has been working on this concept for rather some time and in 2014, Konga allowed a payment function called GTPay on their website which lets Guaranty Trust Bank clients pay for their products through bank transfer started from the Konga.com checkout cart. Konga Pay removes the whole bank transfer process and when a consumer has it allowed, all he/she have to do is to click the checkout button after shopping then go into a one time password and the purchases will be spent for supplied the customer has sufficient money in his/her account.
You then set up your account by entering your complete name, phone number, bank account details and date of birth and a one-time PIN which will be sent out to you to verify your bank details. For every purchase utilizing Konga Pay, your bank will send you a one time code by SMS to the phone number you signed up with and that code should be gone into before the purchase is finished.
Konga is opening the service to non users likewise and is pioneering something called me-Commerce which lets you take a photo of any item you wish to buy then generates a payment QR code for you which you can require to any getting involved merchant shop and pay offline. You will also have the ability to share the generated QR code on your social networks accounts which will allow payments on Instagram, Facebook, Whatsapp, etc all through KongaPay.
I understand you might be asking yourself “Why should I utilize Konga Pay?” rather of Pay on Delivery or your Debit card. Here are some great factors:
Konga is offering a 5% discount on any product you utilize KongaPay to purchase.
You get an immediate refund if your goods do not show up, are harmed, or are considerably different from exactly what was explained.
It is safe and secure due to the fact that all transactions are solely between Konga and your bank, there are no 3rd parties included.
You remain in outright control of all your deals as every transaction sets off a code straight from your bank.
To register for KongaPay, you need an active Nigerian bank account and a signed up phone number. You then set up your account by entering your complete name, phone number, bank account information and date of birth and a one-time PIN which will be sent out to you to verify your bank information. For every purchase users , your bank will send you a one time code by SMS to the phone number you registered with and that code must be gone into prior to the purchase is completed. There will also be a one-click refund for orders that are cancelled by the purchaser or the seller.