Fintech Revo Technologies becomes GoMag partner
Fintech Revo Technologies that introduced its Mokka Buy Now, Pay Later service in Romania earlier this year has announced its partnership with GoMag, the e-commerce platform in Romania that supports the work of more than 2,250 online stores.
The partnership with GoMag will allow all its online merchants to enable Mokka Buy Now, Pay Later service in their stores without any additional costs. Experience from merchants using Buy Now, Pay Later solution shows that the service increases traffic, reduces dropped baskets, and increases the average value of transactions.
“In the first year of collaboration we plan to sign more than 500 partnerships with retailers operating on the GoMag platform and offer Mokka service to as many online customers in Romania as possible”, says Alexandru Balaci, CEO Revo Technologies Romania.
“Perhaps the most vocal objection to purchases is related to financial investment. Thus, for online shops selling with GoMag, we offer a new opportunity to meet these purchase objections by using an alternative and handy payment method. The integration of Mokka into the platform is available to all traders in our portfolio, regardless of subscription type. All that remains to be done is to use it and notify its customers about this option”, says Cosmin Daraban, CEO GoMag.
Revo Technologies is the first fintech to introduce the Buy Now, Pay Later service in Romania and operates with merchants such as MobExpert, Lensa, Noriel, CCC, and others.
Buy Now, Pay Later as a category is growing quickly around the world. The service is especially popular among GenZ and Millennials because it allows shoppers to make purchases now and pay for them with instalments.