Kenya’s PayTrade Wants to be the One-Stop Marketplace for Retail Gift Vouchers

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1560541_604730202971674_107055171612211158_nLaunched by Matel Limited in December 2013, Pay Trade is a one-stop-shop for Gifting Moments and as well an online gift retailer and wrapping company.

Pay Trade stocks Gift Vouchers, Cards and which can be redeemed for paintings and jewellery, books, music and stationery, calling cards, children’s fashion, toys  and accessories, fashion, drycleaning services, flowers and wine, food and take awaysand grocers, footwear, medical and travel, healthy, fashion accessories and haircare, kitchenware, electronics, furniture and home furnishings and many others.

The firm says it offers a guaranteed same day dispatch service at a cost of kshs 2000, which we think is too expensive for people buying gifts below Ksh 10,000. Normally, the firm says it delivers within 2 working days after order verification.
Pay Trade is  at the moment working with merchants to sell their vouchers on site as well as corporate firms to buy gift vouchers online. The site is also open to individual sales and purchases in Kenya and around the region. Vouchers business is not a child’s game and this guys have been in the game for quiet a few years now despite the fact that you haven’t heard of them.

 

 

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Sam Wakoba
Based in Nairobi, Kenya, Sam Wakoba is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba