You are currently viewing 7 Best Platforms That Offer Buy Now Pay Later in Nigeria 2022

7 Best Platforms That Offer Buy Now Pay Later in Nigeria 2022

As a shopper that wants to buy now pay later in Nigeria or a business owner that wants to offer such service to its customers as a payment option, you are at the right place.

To help with the current situation of the Nigeria economy, there is a need for a payment option that can allow people buy now pay later in Nigeria with little to no paper work.

This payment option will also help merchants to enjoy patronage from shoppers that have limited means to buy their favorite product outright.

Currently, Buy Now, Pay Later or BNPL programs have gained lots of ground over the years especially with the adoption of e-commerce in Nigeria since 2020 due to the coronavirus pandemic.

Many companies embrace this opportunity by offering it under different terms and condition as some will allow you buy only when you pay advance payment while others just need you to do some documentation afterword, you can pay over period of time

Notwithstanding, with the advent of BNPL in Nigeria, so many scammers are also taking advantage of the program to defraud  their victims. That is why you have to be careful as not all of them are genuine. 

This payment option is of benefit both to shoppers and merchants but caution has to be applied.. 

That is why we listed 7 legit platforms that not only empower shoppers to be able to buy their favorite items now and pay in installments but also enhance merchants to be able to offer these services.

As a shopper, you can decide to pay back your loan within space of one month, three months, six months or even a year




7 Platforms That Let You Buy Now Pay Later in Nigeria 2022

1. PayQart


PayQart is one of the bnpl companies in Nigeria that allows its users to pay for goods and services in installments. 

As a shopper, you can checkout with merchants that support PayQart as payment option and enjoy the opportunity of paying small small.

As a retailer that signs up with them, they can offer their customers the payment option to buy now pay later without any collateral or paperwork.

PayQart has a flexible repayment option, once you are approved as a shopper, you can decide to opt in for repayment every week or monthly over a period of 2-6months.

How PayQart Works For Shoppers

  • Go to any merchant that support PayQart
  • Shop minimum of 50,000 Naira worth of goods or services
  • Checkout with PayQart as payment option
  • Sign up or sign in into your PayQart account and complete the application 
  • Once you are approved, payment will be made on your behalf.

Buy Now Pay Later Stores in Nigeria Powered By PayQart 

PayQart support both online and in-store stores

  • Spredda
  • LG
  • Zerofinance
  • Nexus
  • Panasonic
  • Samsung
  • Reohob
  • Techno, etc

How PayQart Works For Merchants

  • Sign up as merchant
  • As a merchant, you will be able to allow your customers to checkout with PayQart as payment option
  • Capture and process the purchase once approved.
  • Funds are settled after delivery
  • Your customers sign up with PayQart to complete transaction 
  • Payment will be settled with PayQart over time
  • PayQart Interest rate for merchants start at 1.75% per month/per customer

As a merchant, you can connect your store with PayQart through an easy to install plugin or restful API.

PayQart Address

32 Lewis St, Lagos Island, Lagos Nigeria



2. Credpal


CredPal is a buy and pay later technology company in Nigeria that allows businesses and shoppers to buy anything across online and offline stores by providing them with instant access to credit at the point of checkout.

With Credpal, you can  enjoy the flexible payment of buying now and pay later in installments that can range between 6 to 12 months depending on your credit score.

Business owners can also sign up as merchants to offer installments payment to their customers through Credpal.

Merchants that use CredPal can also take the advantage to access business credit to support operational cash flow.

As a shopper, once you meet their loan requirements, Credpal will provide credit that can cover anything you buy. 

This entails that  through Credpal buy now pay later in Nigeria, you can make purchases, enjoy splendid experience, travel to the destination of choice without having to pay the entire cost upfront. 

For shoppers that payback their loan within 30 days enjoy 0% interest rate.

How Credpal Works For Shoppers

  • Download the app
  • Sign up if you are new or sign in if you are an existing customer
  • Submit your BVN and bank statement and fill in other requirements
  • Apply for a credit card
  • The amount given is dependent on your credit scores
  • Shop on supported stores and checkout with Credpal as payment option
  • Complete your transaction 

If you are in-store and trying to use Credpal, simply let the cashier know you want to use Credpal to pay and you will be directed on the necessary steps to take.

But ensure you already sign up and meet their requirement to avoid wasting of time.

Buy Now Pay Later Stores in Nigeria Powered By Credpal

Through partnership with these stores, Nigerians are served the buy now pay later payment option with Credpal.

You can buy anything on sale through these merchants that ranges from everyday essentials including Bills and shopping needs like  electronics, laptop, mobile and accessories and pay in 2, 6 or 12 months.

  • Shoprite 
  • Slot
  • Jumia Food
  • Hard Rock Cafe
  • Pointek
  • Bukkahut
  • Image Stores
  • Airtel
  • Cakehub
  • Mykonos on the roof
  • Joffe hut
  • Adidas
  • Precise
  • LG
  • Sales 366
  • Sketchers
  • Just rite
  • Fixit45
  • Dream works 

How Credpal Works For Merchants

  • Sign Up as a Merchant
  • Provide all necessary documents including CAC Certificate
  • Integrate Credpal plugin as payment option
  • Customer checkout their order with Credpal
  • You get notified once an order is confirmed and payment will be made to you 100% immediately.
  • Customers can also pay with the CredPal app or scan your unique QR code to pay.

Credpal Address

75b Olonode Street, Off Spencer St, Alagomeji-Yaba, Lagos


3. Paywithspecta


When it comes to companies that offer buy now pay later in Nigeria, Paywithspecta is no doubt one of the top-notch

Paywithspecta gives its users a digital spending limit that can be used to make purchases from merchants both in-store and online.

30% of the spending limit can be accessed as cash to make purchases from merchants yet to sign up for Pay with Specta or for your personal needs.

You are not charged interest and fees when you purchase and choose to repay in 1 to 3 installments 

However, you can get charged when you spread your repayments between 7 to 12 months for purchases at any supported partner stores.

How Paywithspecta Works For Shoppers

  • Have an account with Sterling Bank or Simply open one online
  • Sign up Paywithspecta with phone number associated with your BVN
  • From your dashboard, click “Get your spending limit
  • Fill in your personal information
  • Complete your bank information
  • Provide your account information
  • Once approved, spending limit will be displayed on your dashboard
  • With your Specta ID, you can make purchases at any supported merchants (in-store or online)
  • Enter your Specta ID on supported partners and choose tenor for repayment to proceed.
  • An OTP would be sent to the phone number attached to your BVN. 
  • Input the OTP to complete the transaction.

Note: Spending limit is valid for 3 months and can be renewed instantly.

Buy Now Pay Later Stores in Nigeria Powered By Paywithspecta

  • JustFones
  • Slot
  • Cars45
  • Jamara Home
  • JMG ltd
  • DOe Resources
  • Elveco Stores
  • AdvanceCare Medicals
  • Autochek
  • Imperium
  • Allbase Global Energy
  • Just Fragrance
  • Argone
  • Zoomba Digitals
  • Shopaz Hub
  • LG
  • Mutual Benefits Life Insurance

How Paywithspecta Works For Merchants

  • Sign up or open account with Sterling Bank
  • Sign Up Paywithspecta for business with phone number associated with your BVN
  • Link your payment gateway to offer Paywithspecta as payment option

How To Boost Your Buisness With Paywithspecta

  • Sign up or open account with Sterling Bank
  • Sign Up Paywithspecta for business with phone number associated with your BVN
  • Click “Get Credit Limit” on the “Specta for Business” page to start your journey.
  • Verify your company details
  • Fill in your personal information
  • Complete your bank information
  • Provide your account information
  • Once approve, digital credit limit will display on your dashboard
  • 100% of the digital spending limit can be accessed as cash to support and boost your business


  • You can get upto 2,000,000 Naira however, you must have a good credit history of your company and yourself
  • You need 6 months consistent cashflow statement in your company account
  • Ensure you are sole signatory to the account as multiple signatories are excluded
  • Spending limit is valid for 3 months and can be renewed instantly


4. EasyBuy


EasyBuy is an offline payment app that allows businesses and individuals to enjoy the service of buy now pay later in Nigeria over a period that ranges from 3 to 6 months.

To get started with EasyBuy, you will need to pay atleast 20% – 30% outright before paying for the rest in installments. 

While the remaining 70% balance of the purchase will be paid from your bank account on a monthly basis + interest rates.

EasyBuy is an app but focuses majorly on offline device financing with most phone stores supporting this platform. 

Once a 30% down payment is made through EasyBuy, you can take your device home.

Just walk into any device store of your choice and say you want to buy with EasyBuy and you will be guided on all required documents.

Through this app, you can buy any smartphone or tablet of your choice from popular stores and brands.

The brand encourages consumers to buy items they want especially when they don’t have enough money to cover the cost at that point in time. 

How EasyBuy Works For Shoppers

  • Go to EasyBuy supported merchants
  • Tell the merchant you want to pay with EasyBuy
  • Sign up and submit all necessary documents including your salary statement, valid ID and BVN
  • Choose installment package 3 or 6 months plan
  • Pay 30% down payment of the device
  • Pick your flexible repayment plan
  • Take your device home

Buy Now Pay Later Stores in Nigeria Powered By EasyBuy

  • Tecno
  • Infinix
  • Itel
  • Apple;
  • Oppo
  • Gionee
  • MI
  • 3CHub

How EasyBuy Works for Merchants

  • Sign up with EasyBuy as merchant
  • Provide your business data and physical location
  • Once approved, EasyBuy will provide all easy sign up process for your customers
  • As a merchant you will be able to accept customer data and ATM card details for repayment
  • Interest rate start at 6% per month

EasyBuy Address

2A Isaac John Street, Ikeja, Lagos State


5. PayFlexi


Payflexi is an all in one flexible payment gateway that gives consumers the option to pay in installments at checkout.

As a shopper, you can checkout with Payflexi on supported sites but will be required to make atleast an initial deposit of 40% and spread the other 60% over a period of 6 months.

If you would like to pay with Payflexi but don’t see it on a merchant store or website, you can email them to make a request on your behalf.

As a merchant, Payflexi simplifies billing and collection processes of both one-off and installment payment for customers at the point of checkout online or offline.

Payflexi can indeed also help you to pay your customers full amount beforehand to prevent losing orders.

As a payment gateway, you can also use it to collect upfront payment from customers.

Payflexi is currently integrated with most payment gateways and eCommerce

All payments from Payflexi are routed through your payment processors who then settles the money in your bank account.

How Payflexi Works For Shoppers

  • Shop your favorite item from any supported stores
  • At checkout, click on Payflexi 
  • Login into your Payflexi account 
  • Pay 40% of item purchased
  • Choose how you want to payback the 60% 3 or 6 Months plan
  • Complete your checkout process

Buy Now Pay Later Stores in Nigeria Powered By Payflexi 

  • Ojaayo
  • RegalPlanet
  • Micserah
  • TravelNow
  • Orbitbaby
  • Z Mart
  • Smartprintsink

How Payflexi Works for Merchants

  • Sign up as merchant
  • Connect with your payment gateway
  • 2% interest rate is applied per successful transactions
  • Once customer optin to pay with Payflexi
  • It is redirected to sign up with Payflexi
  • Submit necessary documents 
  • once approved, you will be ask to pay first initial down payment
  • Choose how you want to repay
  • Complete transaction 


6. Carbon Zero

Carbon Zero

Carbon Zero is one of the top apps that allow shoppers to buy now and pay later in Nigeria with atleast 25% down payment.

With Carbon Zero you don’t have to pay for your favorite item outright, you can pay in installments over a period of six months. 

Carbon operates a 0% interest rate on anything you buy.

As a Carbon Zero user, you only pay the original price and spread the payment conveniently.

However, at the moment, Carbon Zero is only open to salary earners who have a verifiable source of income with monthly salary of atleast 120,000 Naira

You can split payments for any product on Carbon Zero over a period of 3 months however, you can request to extend repayments to 6 months under their terms and condition.

How Carbon Zero Works for Shopper

  • Download the app
  • Sign up or sign in if you are an existing customer
  • Go to any Carbon supported stores
  • Search your favorite product and checkout with Carbon Zero as payment option
  • Get verified
  • Once approved you can then choose your repayment plan which can range from 3 – 6 months 
  • Make 25% down payment of the item

To enjoy installment payment, you can only buy from Carbon zero supported sites

Buy Now Pay Later Stores in Nigeria Powered By Carbon Zero

  • Konga
  • Electromart
  • I store
  • The Simba Den
  • Solar Flares
  • Piqit
  • Ebeosi
  • VG stores
  • Prag
  • Sales 366
  • Ansvel 
  • Babbliss 
  • Argonne World

How Carbon Zero Works for Merchants

  • Sign up
  • Provide business documents including your CAC
  • Get verified
  • Once approved, you will be able to offer carbon zero as payment option

You can also apply to become a Carbon Zero merchant by sending an email to [email protected] with the following information:

  • Your business name
  • The type of products you sell
  • Your business location 
  • Proof that your business is registered in Nigeria


7. Afterpay


Afterpay is a financial technology company that lets you buy what you want to buy today and pay for it in four equal installment with free interest.

However, a compulsory 25% payment will be required before you  can take home your purchase item and spread the other 75% payment into 3 equal installment period.

Merchant can also take this advantage  to offer their customers the opportunity to buy now pay later without stress.

Afterpay has order and account limits which start low and only increase once you’ve establish a consistent repayment track record.

How Afterpay Works For Shoppers

  • Go to any Afterpay supported sites
  • Search your favorite item
  • Checkout as normal and select Afterpay as your payment option
  • Sign in or sign up to complete your order
  • Pay atleast 25% down payment 
  • Selected your repayment schedule

Buy Now Pay Later Stores in Nigeria Powered By Afterpay 

  • Shopsfit ng
  • Makarfi
  • Wearestallion
  • Cosmospay
  • Shopnaijakids
  • Lagostraffic

How Afterpay Works For Merchants

  • Sign up as Merchant
  • Submit all necessary documents
  • Wait to get approved.
  • Once you are approved, you can then integrate the app to offer your customers the opportunity to buy now and pay later through Afterpay.


…also read:


Verdict On Buy Now Pay Later Apps in Nigeria

Buy Now Pay Later in Nigeria allows you to spread your payment for items purchased, into convenient installments.

Usually, the amount given is determined by the value of what you can buy and this is tied to your credit score – an algorithm that checks your financial reputation online and offline and rates you based on those metrics.

If you have good record with any loan platforms, there are positive chances of you getting a better credit score.

Notwithstanding, you have to be careful with loan sharks trending around on the internet, since most of the buy now pay later platforms collect sensitive data, you have to be sure of the platform you are dealing with.

Above lists are the top 7 reliable and trusted platforms you can use to get that item you desire now and pay over a period of time conveniently.

Any merchant not using any of these platforms as payment gateway to access items and pay in installments, then be very careful, it might be a sign of a store that want to scam you.

Although there are some standalone stores that offer this opportunity to pay small small across the web in Nigeria and the world at large. notwithstanding care has to be taken and always apply the golden rule of shopping online by ensuring that the store is real and actually is a store you can shop with positive review around the web.


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