Safeonline launches seamless payment platform for merchants

To boost accountability that eCommerce retailers are combating in Nigeria, Safeonliine has launched a price model that will cumulatively change the provision chain all through the fast-paced consumer objects (FMCG) commerce, and save eCommerce inside the nation.

Speaking regarding the innovation, Head of Product, Safeonline fintech, Abraham Ezeadiebuo, acknowledged the preliminary function was to provide a seamless replenishment course of for shops selling major services wished by the customer populace.

“It was to ensure solely entities answerable for the movement of merchandise have been left as the one heart males fostering direct relationship between Retailers and Producers.

However, our reply provides a sturdy system that might efficiently deal with splitting of funds all through the fairly a number of companions wished to ship objects and a set off mechanism to substantiate worthwhile provide to course of compensation for the haulage operator in real-time.”

Speaking on the inspiration behind the innovation, he acknowledged: “we've got been triggered by inside data from a major FMCG shared with its companions on the work wished to be completed to develop its distribution group.

“The data highlighted the reality that due to the uncontrolled dispersion of shops all through the nation, properly over 65 per cent of energetic shops on the time data was launched independently restocked objects and could not qualify for line of credit score rating.

From the FMCG perspective, this meant its private product sales strain wanted to get all through to these retailers, and its haulage companions wanted to delay their safety to areas the place these retailers have been located.”

Consistent with him, the implementation plan encompassed developing a web based based ERP reply that will efficiently deal with collections, disbursements, current detailed reporting, assist order monitoring, and improve accountability of the haulage companions.