Jumia Egypt partners Forsa to offer installment payment services

By Gloria Methri

Jumia, an e-commerce platform in Egypt, has partnered with Forsa, a subsidiary of Drive Financial, a company within the Ghabbour Auto Group. The partnership aims to provide customers with flexible payment options, enabling a convenient and hassle-free shopping experience.

Through this agreement, Jumia customers will be able to purchase a variety of products, such as electronics, home appliances, fashion items, beauty products, groceries, and more, while benefiting from the installment payment service provided by Forsa. This service allows customers to make purchases and repay them over time in installments.

Abdellatif Olama, CEO Jumia Egypt, affirmed that this step is part of Jumia’s commitment to promoting financial inclusion and providing innovative payment solutions in Egypt.

He added, “We always strive to provide the best solutions and services to our customers. Our partnership with Forsa aligns with our strategy to enhance the e-commerce shopping experience and provide flexible payment options that help customers easily meet their needs.”

Ahmed Osama, Managing Director of Drive Financial, said, “This agreement helps us achieve our vision, which is to provide services that suit our customers and their needs. It is a step of great importance because it will reduce the financial burden on members and their families, providing them with benefits and a wholesome experience of purchase through Jumia.”

He added, “The signing of this agreement with Forsa emphasizes the company’s responsibility & its role in serving and developing the community across the e-commerce sector. This reflects our vision of achieving a distinguished lifestyle for our customers and providing them with flexible financing solutions.”