Nomba, Bumpa lower transaction fees and enhance payment solutions for African SMEs

Nomba secures $30 million to customize African payment solutions

Nomba has teamed up with Bumpa, a top e-commerce platform, to offer seamless end-to-end digital commerce and payment solutions for small and medium-sized businesses (SMEs) throughout Africa.

Announcing the partnership on Monday, Nomba stated, “At Nomba, our mission is simple: to power growth for African businesses by offering intuitive, effective, and scalable payment infrastructure. In Bumpa, we’ve found a partner that shares our vision, empowering entrepreneurs with the tools they need to build and scale successful businesses.”

Bumpa has emerged as the preferred platform for SMEs wishing to launch, run, and expand their companies online. No coding or tech experience is needed to build digital shopfronts with Bumpa’s robust capabilities for inventory keeping, automated order processing, operations management, and customer engagement.

Services offered by Nomba

Nomba’s smooth banking solutions empower businesses by optimising payments, operations, and expansion.

From online checkouts and transfers to POS terminals, QR payments, and a multi-currency wallet for cross-border transactions, its solutions provide merchants with a single dashboard to track all transactions in one location.

This gives them the clarity they need to manage cash flow, optimise processes, and make more informed decisions to spur expansion.

The Nomba checkout is now completely integrated into the Bumpa platform, allowing it to close the gap between selling and receiving payment.

Merchants may use their Bumpa dashboard to collect payments via cards, QR codes, transfers, and more. “No switching apps. No manual reconciliations. Just smooth, reliable payments,” the company stated.

Benefits of Nomba-Bumpa’s partnership to SMEs

Reduced Payment Fees: Companies pay only 1.3 percent in transaction fees, which they can pass on to clients if they desire.

Increased Transaction Success: There are no more unsuccessful payments. Customers may now pay with Nomba with ease and confidence because of its numerous, dependable payment alternatives.

Multiple Payment Methods: SMEs can now accept payments via cards, transfers, and QR codes straight from the checkout of their online stores using Nomba.

Instant Payment Confirmation: Orders are automatically marked as paid and paym, ents are processed instantly, removing the need for manual updates and errors.

With this collaboration, Nomba is making it simpler than ever for business owners to manage more intelligent, quick, and effective operations.

“This is only the beginning,” said Nomba, “No complexity. No barriers. Just the right tools to help businesses grow, available to every entrepreneur, everywhere.”

It added, “Create your online store and manage payments seamlessly with Nomba. Use code NOMBA for 15 percent off your Bumpa subscription.”

Nomba enables cashless transactions in Africa by supporting individuals and businesses in flourishing financially by streamlining routine payments and transactions.

Bumpa is Africa’s top business management app for SMEs. Business owners can use the Bumpa app to: create a website for their company; Showcase goods and collect money; Keep track of sales and provide invoices and receipts; Obtain financial reports and Control orders.

Last month, Mastercard and Nomba, announced a strategic partnership to offer businesses nationwide seamless payment experiences. This partnership will allow Mastercard Gateway to be integrated into Nomba’s Checkout solution, providing companies with an easy, safe, and effective way to handle transactions and communicate with clients both domestically and internationally.

GITEX

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

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