Recently, Jumia Nigeria started collecting BVN numbers from its vendors/sellers under the guise of standardizing and improving payments to their vendors.

After collecting BVN information, full names (as it appears on your bank account), phone number (that you used to open the account), Jumia will now pass all your information along with your bank account details (which they already have) to the Federal Inland Revenue Service to access your account and make deductions as they please.

Jumia should have been honest with it's vendors (though I doubt if they would have been able to successfully collect any seller's BVN, lol). It is wrong to use false pretense to collect information from people on their platform and blackmailing them by saying that their payments will stop if they don't provide it.

Since when has BVNs been pre-requisites for payments to be made?

By the time their vendors discover they've been deceived, let's wait and see the outcome...……………………….

Bless you for this revelation

Op do the needful

God help us ooo.

Gameorchard:
Recently, Jumia Nigeria started collecting BVN numbers from its vendors/sellers under the guise of standardizing and improving payments to their vendors.

After collecting BVN information, full names (as it appears on your bank account), phone number (that you used to open the account), Jumia will now pass all your information along with your bank account details (which they already have) to the Federal Inland Revenue Service to access your account and make deductions as they please.

Jumia should have been honest with it's vendors (though I doubt if they would have been able to successfully collect any seller's BVN, lol). It is wrong to use false pretense to collect information from people on their platform and blackmailing them by saying that their payments will stop if they don't provide it.

Since when has BVNs been pre-requisites for payments to be made?

By the time their vendors discover they've been deceived, let's wait and see the outcome...……………………….

FIRS only collect tax from corporate companies not individuals. You are wrong

miqos02:
FIRS only collect tax from corporate companies not individuals. You are wrong

Lol. You must be a Jumia staff. Most Jumia vendors/sellers are corporations/registered companies; not individuals.

Jasminexoco:



Lol. You must be a Jumia staff. Most Jumia vendors/sellers are corporations/registered companies; not individuals.

Nigerians and oversabi. For your info, I sell on jumia and have sold thousands of products. I sell as individual.

Stop spreading falsehood. If FIRS need your details, banks will provide it for them, they don't need jumia to do that for them.

miqos02:
Nigerians and oversabi. For your info, I sell on jumia and have sold thousands of products. I sell as individual.

Stop spreading falsehood. If FIRS need your details, banks will provide it for them, they don't need jumia to do that for them.

Why generalize by saying Nigerians? It's just you and I expressing our different opinions on a platform.

For your information too, I sell on Jumia and have also sold thousands as an incorporation.

I still believe you are a Jumia staff. Many Jumia and ex Jumia staff sell on Jumia. It's only a Jumia staff that will call a glaring fact falsehood. Someone working in Jumia has even confirmed the FIRS involvement to me so where did you get your own info from?

FIRS cannot just ask banks to provide them details. How many details will they sieve through? How will they know people like you doing business as individuals if they ask banks for BVN? They need to ask Jumia for the BVN so that they will know the people that are making extra income on Jumia and not paying tax as registered businesses.

Go and do your research properly!