Omnibiz Africa, a Nigerian B2B eCommerce startup, has launched a Buy Now Pay Later (BNPL) payment model and a bookkeeping app called MyStore for its retailers. The startup unveiled these new products at a recently held event.
Omnibiz Africa which recently raised $3 million stated that the BNPL option will help retailers boost sales while MyStore will enable retailers to track sales, cost, price, profit and effectively manage their customers.
Commenting, the CEO of Omnibiz Africa, Deepankar Rustagi said: ‘’With the introduction of MyStore App, retailers can now replace the traditional paper-based book-keeping with the automated book-keeping app. This app will help retailers record their sales and measure their profit.
“They will also be able to manage their stock inventory effectively and monitor their customers with the app. There is also the advantage of being able to manage their stores online with the app when they are not physically present at their locations.”
He added that BNPL will help retailers scale their business as they can now have access to purchase more goods and pay back after selling.
