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National Bank of Egypt (NBE) partners with Jumia to enhance Financial Inclusion in the country

National Bank of Egypt (NBE) partners with Jumia to enhance Financial Inclusion in the country

 

  Jumia Egypt, the leading e-commerce platform has partnered with the National Bank of Egypt (NBE), the largest governmental bank in Egypt, to offer 12 months installment services without any interests on

all Jumia orders NBE consumers and credit card holders to benefit from

Jumia Egypt’s vision conforms with the NBE strategy in strengthening the efforts towards financial

inclusion and reducing the use of physical cash. We intend to focus more on digital payments and

electronic services, especially after the launching of the Tech Center in Egypt, which will provide new

fintech solutions soon.” said Jumia Egypt CEO, Hesham Safwat

Hesham expressed his satisfaction in the partnership which has made Jumia shoppers embrace cashless

payments and ‘buy-now-pay-later’ experience through NBE

We are proud to partner with Jumia to give consumers a great opportunity to benefit from the

exclusive offers and discounts through the installment services over 12 months without any interest.”

said   Mohamed El-Sawaf, Head of e-Commerce Sector at the National Ban of Egypt. “Our partnership

with Jumia is strategic and has positively reflected on the volume of transactions between the e-

Commerce platform and the national bank.

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