A Kenyan startup Paytree is providing a lifeline for small businesses looking to cut on overheads like rent, by providing a free e-commerce store where they can list their products and reach the masses online. The online mall comes complete with built-in payment solution and last-mile delivery services.
The startup was founded in August 2018, and is already reported to be housing at least 300 merchants on the e-commerce store. Paytree comes packed into three products:
Integrated payment tool Paytree Direct
Payments distribution system Parallel
Online shop platform Mzizzi
The main product being Mzizzi, which the founders say was the first African-found solution that allowed SMEs to open a fully branded shop online and for free. The Mzizzi platform has also integrated all the major mobile money payment options in Kenya. Including all the major cards and banks.
The founders boast that it takes about a week from the time a business enlist to the time they are ready to start selling on the platform. They pride themselves in speedy and efficient operations. Their speedy enrollment of new merchants into the program is marched with their speedy processing of payments made …read more