Best Buy Now Pay Later Platforms in Nigeria


If you’re a Nigerian who is planning to buy something but would like to spread the cost of it, then this article will be helpful.

Have you heard about Buy Now, Pay Later platforms? These platforms are a great financing option for most people. They allow you to get the things you want and need without having to pay for them immediately. This is a great benefit for those who don’t have enough money to cover their purchase.

In this article on, we will show you the 7 best Buy Now, Pay Later platforms in Nigeria, requirements, and other handy information.

How Do Buy Now, Pay Later Platforms Operate in Nigeria?

Buy Now, Pay Later platforms are perfect for those who want to make purchases that they can’t afford to pay off immediately.

How do these platforms work? Buy Now, Pay Later platforms offer a way for you to purchase items from merchants using an installment plan. The installment plan allows you to make monthly payments on your purchase until the full amount has been paid off. You can use the money saved up in your bank account, or you can use a credit card to make the initial purchase.

The merchant then sends your order directly to you, which means that no money changes hands between you and the merchant right away. Instead, your payment is broken down into installments over time. When it comes time for payment, the merchant will collect their money directly from you through direct debit or electronic funds transfer (EFT).

Requirements To Use Buy Now, Pay Later platforms

If you’re thinking about using a buy now, pay later platform in Nigeria, there are a few things you need to submit to make your application a success.

1. Bank Identification Number (BVN).

A BVN is a unique identifier for your business, which you need in order to apply for a Buy Now, Pay Later platform. The BVN is an 11-digit number that acts as your universal ID in all banks in Nigeria.


2. Work ID CARD/Employment letter

In most cases, you will be required to provide your identification card or employment letter to verify that you are employed and earning enough money to make your monthly installments.

3. A valid Government Issued ID CARD

You will need a government-issued ID card in order to use buy now, pay later platforms. This is because your identity needs to be verified. The most common types of ID cards accepted are driver’s licenses, NIN, and passports. You may also be asked to submit your utility bill (Electricity bill).

4. Six months of your salary bank statement

If you want to use the buy now, pay later platforms, you will need to provide 6 months of your salary bank statement. This is because they need to see how much money you are making in order to determine if you are financially capable. If you cannot show them this information then it is unlikely that they will allow you to use their services.

Best Buy Now Pay Later Platforms in Nigeria

1. Easybuy

Easybuy is a reputable service that allows you to buy smartphones on installment plans. The platform works with only 3 brands (Tecno, Itel, and Infinix), and it’s available in all major cities in Nigeria.

Easybuy offers financing options ranging from 3 months to 6 months. You can get your smartphone on credit with Easybuy with a 30% down payment and pay it off monthly without any hassle or stress.

When you apply for an EasyBuy loan, you’ll need to provide your bank details, photo, and information about your income. If everything checks out, you’ll be approved. Easybuy offers an easy way for people to pay for their purchases via ATM card.

2. Alternative Mall

The Alternative Mall is one of the best shopping malls in Nigeria. It has been around for years and has evolved over time to become a great place to shop online. The Alternative Mall offers some of the best deals on electronics, fashion, and other products. You can find all kinds of items from clothing to beauty products at The Alternative Mall.


The Alternative Mall also has a pay-later platform that allows you to purchase items without paying for them upfront. This means that if you want to buy an item but don’t have the money upfront, you can still do so by paying later within 12 months.


It’s very easy to shop at The Alternative Mall because they accept all major credit cards such as Mastercard, Visa, and Verve.

3. CDcare

CDcare is a leading eCommerce store in Nigeria that offers a wide range of products and services such as electronics, fashion, beauty, and home appliances from international brands. The company has been in existence for over 10 years, with more than 12,000 registered customers and thousands of daily visitors.

CDcare offers free delivery when you make a 50 percent installment. You can also choose to pay for your order within 6 months or 1 year, and there is no interest charged on the items purchased. The CDcare platform is available on their website, as well as on their Android app and iPhone app.

4. Zoomba

Zoomba is a Nigerian online shopping platform that offers customers the option of paying for their purchases in installments.

To use Zoomba, you have to register on the website and create an account. You can then browse through the available products and choose what you want to buy. Once you’ve picked out your item, you can add it to your cart and pay for it using your preferred payment method.

The next step is to choose how long you want to pay for your item: one month, two months, or three months. If you select one month, then you’ll be charged once at the end of 30 days; if you select two months, then you’ll be charged twice at the end of 60 days; and if you select three months, then you’ll be charged three times at the end of 90 days (equivalent to a purchase every quarter). Zoomba also allows iPhone installment payment in Nigeria.

5. Carbon Zero

Carbon Zero is one of the best buy now pay later platforms in Nigeria. The company was launched by a team of young Nigerians who want to make it easy for Nigerians to get the things they need and pay in installments without any interest.

Carbon Zero is open to both salaried and no salaried customers everywhere in Nigeria. This means that whether you are working as a bank employee, private firm employee, or even self-employed, you can apply for the Carbon Zero program.

6. Buy Now Pay Later

Buy now pay later accessible from a leading e-commerce platform in Nigeria. This site offers a wide variety of products from electronics to fashion, home appliances, beauty products, and more. The company has more than 500 registered users across the 36 states of Nigeria

Buy Now Pay Later offers an Easy Payment Plan (EPP) feature that allows customers to pay for their purchases in monthly installments. This makes it easy for customers who can’t afford to pay for the goods in full at once.

With Buy Now Pay Later, you can spread your payments into as many as 36 installments without any extra fees or interest rate charges.

7. Klump

Klump is a Nigerian-based platform that enables consumers to buy on credit. It is available in Lagos, Kano, and Port Harcourt.

The process for using Klump is very straightforward: Consumers create an account and fill out their details. They will receive an alert when their application has been approved. Once approved, they will be able to shop with Klump as they would with any other e-commerce site. The company then sends the item directly to your home address, usually within 36 hours of ordering it online!

You can pay either through your card or bank account when you are ready to receive your goods or by making regular monthly payments until the total amount due is paid off in full.


Buy Now Pay Later is a relatively recent phenomenon in the Nigerian marketplace, which has caught the attention of consumers who are seeking convenience and flexibility. Most of these platforms provide consumers with an option to purchase an item and pay for it in installments.

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