Ukraine

Monobank launched monobazaar for selling used items between users

Monobank launched a new service monobazaar — a platform for selling and buying used items without intermediaries between users. The platform is currently operating in beta testing. Its main features include installment purchases, mandatory verification of sellers through Monobank, and the ability to create your own “showcases” of products that other users can subscribe to.

Sellers receive a personal page with products and can share links to it on social networks or send them directly to potential buyers.

Ads can be created faster thanks to the built-in AI: it automatically adds a detailed description of the product based on a short prompt from the seller. An automated mode without correspondence has also been provided for trading – the buyer sets his price, and the seller accepts or rejects the offer.

The seller receives the money only after the buyer picks up the parcel at the post office; if the buyer refuses to receive it, the payment is automatically refunded.

During the test period, the service commission is 0.1% of each transaction, after the beta is completed, it is planned to be increased to 1.9%. The user only pays for delivery separately. A charity function has also been added: until January 8, sellers can transfer the entire sale amount to charity, and Monobank will double this contribution. monobazaar is already available in the Monobank application in the “Market” section.

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