What is JumiaPay for Business?
New payment method developed by Jumia in order to offer its sellers:
- more flexibility in getting their settlements (e.g. possibility to transfer the money from their Jumia Pay wallet to their bank account whenever they want)
- a single payout option when they have several Seller Center accounts (possibility to link different Seller Center accounts to a single Jumia Pay account)
- a faster payment speed (money will automatically be credited on your JumiaPay account on payment date: no more delay due to external dependencies)
This will be the only payment method used in 2020: the sooner you try the better!