By Anthony Emeka Nwosu
OLX, Nigeria’s online classifieds site based in Lagos, has announced that users can now pay for its premium services, Do-It-For-Me and Top Ads using the Interswitch platform. The partnership with Interswitch,Nigeria’s foremost payment gateway to launch paid products, would be the first of its kind in the country.
The partnership is foistered on two watchwords: Trust and safety. OLX and Interswitch would ensure that OLX users can continue to trade safely on the site whilst making payments using the Interswitch secure platform.
Speaking at the event, Senior Manager, Business Development OLX, Mayokun Fadeyibi stated that “OLX is constantly re-inventing the wheel to ensure that OLX users can trade safely on the site and are able to use our services with minimal stress”.
He also added that OLX recently launched an escrow service for its users.
The escrow service will provide a safety nest for both the buyer and seller to ensure that they trade safely on the platform. The buyer will be able to pay the money into an OLX bank account while undergoing inspection and validity of the item before OLX transfers the funds to the seller once the item is approved by the buyer.
Speaking on the partnership, Paul Ohakim, Group Head, Retail & Chains at Interswitch stated that we are excited to partner to further deepen e-commerce in Nigeria by providing greater ease and more security for transactions done on OLX.
Do-it-For-Me is a premium service that helps busy executives sell their vehicles with the help of the OLX Champs who are sales experts. They handle posting the item on the site, taking calls from buyers, negotiating for the right price and closing the deal.