OLX is going to rollout a new multi-choice payment system 12.09.2017

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OLX’s head of engineering Benjamin Schneider told that the company prepares to rollout a new payment solution called Plutus.

According to Schneider, the company is ready to set its foot in niche online payment options, including SMS, cash deposits at gas stations. Users will be able to offer refunds and verify deposits. in order to reduce the risk of fraud, a check system will be put in place.

Plutus will be available through mobile apps and websites. The system was tested in Bulgaria, Brazil, Ukraine, and UAE. OLX representatives claim that the system was designed for underdeveloped countries with small numbers of people who use credit cards.

There is no word on when the service will be available for users.