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Upto 40% of all cars sold in Kenya are now being sold online using online platforms

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Upto 40% of all cars sold in Kenya are now being sold online, using online platforms. As more and more expensive asset go online and more expensive deals are sealed, this has raised concerns over the security of buyers and sellers who often have had to meet informally. It is to allay these concerns that online shopping place OLX has launched a new service that now allows car buyers and sellers to transact safely and conveniently. The company will now receive money into an escrow account and only pay it out when the integrity of a sale is verified.SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/KTNkenya Follow us on Twitter: https://twitter.com/KTNNews Like us on Facebook: https://www.facebook.com/KTNNewsKenya For more great content go to http://www.standardmedia.co.ke/ktnnews and download our apps:http://std.co.ke/apps/#android KTN News is a leading 24-hour TV channel in Eastern Africa with its headquarters located along Mombasa Road, at Standard Group Centre. This is the most authoritative news channel in Kenya and beyond.

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