OLX partners Interswitch to enhance user experience

OLX, Nigeria’s number one online classifieds site, has announced that users can now pay for Do-It-For-Me and Top Ads; its premium services, using the Interswitch platform.

The partnership to launch paid products is strategic for leveraging the two leading companies’ strengths: Trust and safety, which are both priorities to ensure that OLX users can continue to trade safely on the site while making payments using the Interswitch secure platform. The option of payment through Interswitch is expected to enhance trade as both organisations help users trade conveniently online through technology.

As well, the partnership will enhance OLX position as the market leader that is focused on facilitating trade safely and expand Interswitch user base.

Speaking at the launch in Lagos recently, Mayokun Fadeyibi, senior manager, business development, OLX, 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”.

Fadeyibi also noted that OLX recently launched an escrow service for its users and it is aimed at providing 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, 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”.

Ohakim also added that through Interswitch’s re-engineered payment gateway, which has seen successful Webpay solution further streamlined and enhanced to improve the user experience, Interswitch would continue to champion the growth and development of the e-commerce industry in Nigeria, particularly via partnerships such as OLX”.

Do-it-For-Me is a premium service that helps busy executives sell their vehicles and other items 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.

OLX  is the world’s leading online classifieds platform present in more than 40 countries across six continents. OLX connect local people to buy and sell used goods, services, cars and properties. OLX makes it fast and easy to buy or sell almost anything through your mobile phone or on the web.