In 2017, the Nigerian e-commerce sector was valued at US$13bn (projected to be worth US$50bn in 10 years).  However, customers have to be fully funded – transactions require immediate payment either via cash on delivery or debit card. No organised credit facility for e-commerce consumers, even in workplace Cooperative Societies.

For an online merchant, the most important thing is sales and conversion. And sales volume is never too much, everyone wants expansion, everyone wants to sell more. Here is where QOOPay is of benefit to merchants, we are bringing the customers to you.

A recent statistics shows that much more people will buy items from ecommerce websites, but funds are always limiting. So that means online merchants would sell more if prospective buyers had more purchasing power.

QOOPay is a service that increases the spending limit of its registered cooperative members, and for a merchant registered with us, this means more sales. We channel our large number of users to shop exclusively with registered merchants.

Thus, integrating QOOPay as a payment option for your ecommerce platforms opens you up to more than 50% more sales from QOOPay users.