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.

How do I get started

If you already have an ecommerce platform, click here and an API key would be sent to your email with libraries and plugins that you can use to easily connect to QOOPay.

I don't have an ecommerce website

Even if you do not have an ecommerce website, we will create a free ecommerce store front for you on QOOP Mall where you can list your products and start selling to our members. Just click here.

How and when do I get paid?

When a customer makes a purchase through QOOPay, our gateway ensures the cooperative is billed instantly and your QOOPay Merchant account is funded. All accrued amount (for fulfilled orders) in your Merchant account will be automatically deposited into your bank account that you have setup in your Merchant dashboard by T+1 (a day after transaction) or 15th and 30th of every month depending on the commission option you choose.

How much am I charged?

QOOPay charges you the merchant a commission of 5% for every transaction. We do not charge any other fee.

N500b

Cooperative Share of Nigeria's GDP

+53 million

Employees in Nigeria

QOOPay Merchant Dashboard

I DON’T HAVE AN ECOMMERCE WEBSITE

That’s ok. You are few steps away from having yours. Click the button to create an ecommerce store on QOOP Mall.

I HAVE AN ECOMMERCE WEBSITE

Sweet! Just head over to our API and integration documentation to grab our plugins/SDK to connect your ecommerce website with QOOPay.