adplus-dvertising
Headlines

Buy Now Pay Later in Nigeria – Best Stores, Sites in Nigeria For Pay Small Small Phones, Electronics, Cars & Laptops

buy now pay later

WATCH THE VIDEO HERE

Buy Now Pay Later in Nigeria Best Stores , Sites in Nigeria For Pay Small Small Phones, Electronics, Cars & Laptops can be accessed below.

Naijaonpoint Media gathered that Buy Now Pay Later (BNPL)  also known as point-of-sale loans has been trending in Nigeria for a while now, and it’s a financial solution that makes it easier for people to buy phones or any form of electronics and pay them later on installments or in full.

Meanwhile, in some cases you can pay for them at a discounted price and you’ll come to get them after you finally completed your payments, Buy Now Pay Later is more like taking a loan with no interest rates. These days we’ve seen a lot of platforms, fintech solutions and stores offering people the chance to Buy Now Pay Later.

Requirements To Buy Now Pay Later In Nigeria

To buy now and pay later as a Nigerian, you must present some documents that will be use to qualify you to be able to buy now and pay later, I know you’d be wondering how to know if you’re fit to apply for this credit opportunity? Well Naijaonpoint Media has listed some the required documents to know if have them complete, you can apply to buy now and pay later across any stores or platforms in Nigeria.

  • 6 months of your SALARY bank statement.
  • Bank Identification Number (BVN).
  • Work ID CARD/Employment letter.
  • A valid Government Issued ID CARD (either Driver’s licence, National Identity Card, Voters card or Nigeria passport)

List of the Best Buy Now Pay Later Stores in Nigeria

1. Nowlater – Buy Now Pay Later in 100 Local & International Stores

One of the best platforms that lets you Buy Now Pay Later in Nigeria is NowLater. Members of Nowlater can buy items from over 100 local and international stores and pay in installments later or at discounted rate.

How Does Nowlater works ?

If a customer uses Nowlater’s BPNL service to pay for an item, a lending partner of Nowlater pays the merchant on the customer’s behalf with an agreement to repay the same amount plus a finance charge as determined by their creditworthiness.

Nowlater allows you to Buy Now Pay Later Service for online purchases through monthly installment plans with repayment tenures of 3 to 12 months.

The products you can purchase using Nowlater’s Buy Now Pay Later service in Nigeria include fashion and beauty products, household appliances, food and groceries, electronics, and furniture.

2. Spredda

buy now pay later stores

Spredda currently offers two installments payment options, namely PayQart and Lay-by. Spredda only acts as a credit intermediary and cannot decide whether or not to approve your application.

Meanwhile, Spredda is an e-commerce based website in Nigeria where you can buy home appliances, electronics, mobile phones, furniture, computers, generators, fashion and beauty products, sports and fitness products at affordable prices, and on this store.

If you’re thinking of using the buy now pay later with the PayQart option, it means you’re allowed to take the item with you and you’ll be given a six-month payback tenure and a little interest might apply if payment isn’t completed under six months.  while the Lay-by  doesn’t attract interest, and it allows your item to be reserved for a period of three to four months with an advanced payment of 20%. According to reviews obtined online, Spredda is one of the Best Buy Now Pay Later Stores in Nigeria and they have a good customer service.

3. SlotBuy Now Pay Later Phones in Nigeria

Slot sells mobile phones, computers, accessories, and various types of electronics in Nigeria. They also provide other services as well. Like mobile phone engineering, phone screen insurance, phone trade-in, stolen phone recovery, and a flexible payment plan (Buy now pay later) for customers.

To use SLOT’s Buy Now Pay later service, you need to visit a SLOT store near you and make inquiries regarding the device(s) you want to buy. They’ll let you know the price, payment plans, and any other details that you need to know.

If the payment plans and pricing are fine with you and you want to go ahead with the BNPL service, you’ll be given an application form to fill out and some documents to submit. After submitting the form and documents, your application will be processed in 24 hours.

If approved, the device you want to purchase will be given to you and you can continue with the payment plan you chose. SLOT has 60 outlets spread across 18 states in Nigeria, so finding one close to you might not be a problem

4. Betacar – Buy Now Pay Later Car in Nigeria

Buy Now Pay Later in Nigeria – Best Stores, Sites in Nigeria For Pay Small Small Phones, Electronics, Cars & LaptopsBuy Now Pay Later in Nigeria – Best Stores, Sites in Nigeria For Pay Small Small Phones, Electronics, Cars & Laptops

Betacar is an online auto platform that helps with auto financing that offers salary earners and structured business owners in Nigeria the opportunity to buy quality certified Tokunbo (second-hand) cars and pay over a period of 12-24 months.

Betacar Buy Now Pay Later service is like a loan where you pay down 30% of the car you want to buy and spread the rest over monthly installments. The used car online shop has a simple car loan calculator to check the upfront deposit required, the monthly repayment, and the period of payment for the car you want to buy.

To buy a car now and pay later in Nigria with Betacar you have to select your preferred car on the site and choose the “Apply for a Loan” option. You’ll be shown a pre-approval assessment form to fill.Y Aftre filling the form you will get an approval or rejection email within 10 minutes.If Betacar approves, you will get an email listing the documents needed for the process.

After preparing all your documents . you can now visit Betacar HQ office for inspection and test drive.

5. Zoomba

Zoomba  is an e-commerce store in Nigeria that offers customers convenient payment plans on all items. With Zoomba, customers can shop online and pay in installments aka Layaway but this is what most people refer to as ‘buy now, pay small small’.

When shopping on Zoomba, If you see any item you like, if you cannot afford to make a full payment, you can lockdown the item(s) in Layway, this then gives you the option to pay in several installments. On Zoomba, you can buy phones, clothes, beauty products, home appliances etc and pay later. To try out this amazing payment plan, visit the website on Zoomba.ng.

The Buy Now Pay Later payment plans or Layaway plans Zoomba offers on products above N20,000 are:

  • One off Pay (100% payment)
  • Pay through co-operative
  • Pay it Now – Pay 70% and get the product now
  • Layaway Classic – Pay 40% and lock it down
  • Pay 20% and get it now

6. Parktel Online

Buy Now Pay Later in Nigeria – Best Stores, Sites in Nigeria For Pay Small Small Phones, Electronics, Cars & LaptopsBuy Now Pay Later in Nigeria – Best Stores, Sites in Nigeria For Pay Small Small Phones, Electronics, Cars & Laptops

Parktel Online is an online store that sells smartphones and their accessories in Nigeria and within West Africa. The company offers a Buy Now Pay Later Plan to people staying in only Lagos and Abuja. These payment plans only apply to products that are worth N50,000 or more.

Parktel Online’s Buy Now Pay Later service are only available to people with a working salary account. You can use Parktel Online BNPL service by applying online via its website or at any ParktelOnline store in Lagos and Abuja.

 

 

 

WATCH FULL VIDEO

WATCH THE VIDEO HERE