Mobicred is the first digital lending product for ecommerce in SA. The product is a revolving credit aimed at online consumers, whereby the customer is provided with a virtual credit facility, and can utilise the facility with online shops. We chatted to Jason Sive from Mobicred about his Company.
The Mobicred system was developed in 2013, and went live in 2014. iStore and Digicape were fantastic stores to start with, as they are both very forward thinking.
During 2015/2016 many of the other merchants started seeing the incremental revenue increase as a result of offering a credit option to customers. This helped attract the other large merchants.
See https://www.mobicred.co.
Mobicred has also in the past 2 years integrated with 4 payment gateways, who have enabled easy integration with Merchants. Various stages of negotiations have begun with large online stores, across all industries, including retail, travel, education, ticketing.
A downloadable mobile app will be available soon. Currently the customer uses a regular desktop or tablet interface to access Mobicred. The customer pays 10% per month of their outstanding balance.
Many of our customers see Mobicred as a safer option for online shopping, others see the product as their online shopping facility, and retain their credit card for day to day in-store purchases.
The customer goes through a once off, real time online application to open an account.
Once approved, customer can start purchasing at any of our merchants, using a simple username/password/OTP combination.
How can we contact Mobicred?
www.mobicred.co.za
0860062733
[email protected]
- The thinking behind the launch of print weekly DM168 |Mike Stopforth |#OneEyedManPodcast |Styli Charalambous | Daily Maverick |#ebizradio - January 18, 2021
- Love your problems |#LTL |#Leadership | Dawn Rowlands |#Dentsu |#KevinBritz |#ebizradio |#podcast - January 18, 2021
- WHY CORPORATES HAVE TO ADJUST NOW! |#LTC |#Kevinbritz | Mpume Ncube-Daka |#ebizradio |#Podcast - January 13, 2021
- WHAT OWNS YOU? |#LTC |#Coaching |#Kevinbritz | Angela Hardy |#Podcast |#ebizradio - January 12, 2021
- Rethinking organisational design and effectiveness through CEOship |#OneEyedMan |Rowan Belchers | Lockstep |#ebizradio |#Podcast |#Mikestopforth - January 11, 2021
- Behavior is Truth |#LTL |#Leadership |Mike Abel |#Kevinbritz | Naomi Basson |#ebizradio |#podcast - January 11, 2021
- Looking forward to 2021 | #eBizTrends| Dion Chang| Podcast - January 4, 2021
- Driving demand for local businesses this festive season| #eBizWires | Daryn van Arkel |Podcast - December 18, 2020
- Why podcasting is an effective marketing tool |#Marketing | Paulo Dias |Ultimate Media | #ebizradio - December 17, 2020
- HOW DID I LAND UP HERE? #LTC |#Coaching |#KevinBritz |Julio Muhorro |Sharing Knowledge International #Podcast |#ebizradio - December 15, 2020