Jumia Partners with Telcoin to Boost Sales

Following a partnership between Telcoin (A Japan-based technology platform provider) and Jumia, Nigerians in diaspora who are looking to convert their digital currency to shopping vouchers may be smiling to the marketplace.

According to a statement issued on the deal, the partnership with the e-commerce brand with presence in 15 African countries including Nigeria is aimed at tapping into the synergies of block-chain technology to increase the volume of goods and services purchased on Jumia.

Telcoin new partnership with @JumiaNigeria , a leading online e-commerce marketplace accessible in 15 African countries, to commence in Nigeria, will seek to increase the volume of goods and services purchased on the Jumia platform.#JumiaTelcoin #CryptoNews pic.twitter.com/rMnrfVWLBg

— Telcoin (@telcoin_team) November 26, 2018

The Head of Africa for Telcoin, Ms Lee-Ann Cassie explained that the company will focus on increasing and exploring the sales of traffic from Nigerians in the diaspora adding value to the cross-border e-commerce transactions as well as value-enhancing e-commerce transactions within Nigeria.

“With this partnership, we can now serve Nigerians in the diaspora who are looking to convert their digital currency to shopping vouchers on our platform. We rely on and trust Telcoin to facilitate the currency conversion since digital currency is, in the interim, not a payment method on Jumia,” – Mrs Juliet Anammah (CEO, Jumia Nigeria).

On her part, the Chief Executive Office, Jumia Nigeria, Mrs Juliet Anammah expressed excitement about the partnership and added that she believes that this will have a huge impact on our commitment to improving the lives of Africans through the Internet, helping them to save time and money.

How much more would we see the interweaving of block-chain technology in our everyday lives?