Over the last few years, the Buy Now and Pay Later (BNPL) model has grown a lot in Nigeria. In recent years, the number of end users and merchants in Nigeria who use it has grown by a huge amount. That’s not strange, though: Prices of household items, electronics, smartphones, and other consumer devices are going up, which makes it harder for the average Nigerian to buy tech products. Because of this, there are now BNPL platforms all over the country.
Carbon Zero is a service offered by Carbon, a mobile banking platform that allows users in Nigeria to buy now and pay later for various products and services. This feature is particularly useful for those who may not have the funds to make a purchase upfront, but still want to take advantage of a particular offer or deal. Here’s a step-by-step guide on how to buy now and pay later on the Carbon Zero app in Nigeria.
Why you should choose carbon zero
Carbon Zero is different from other Buy Now and Pay Later (BNPL) platforms in Nigeria because it gives people a cheaper way to shop without having to pay for everything at once. This is done at no extra cost (0% interest). You can also choose from a long list of stores all over the country that sell Carbon products.
How to Buy Now and Pay Later on Carbon Mobile Banking App
Step 1: Download the Carbon Mobile banking app
Step 2: Create an account
Once the app is downloaded, you’ll need to create an account. To do this, you’ll need to provide your name, email address, and phone number. You’ll also need to create a password. Once you’ve completed these steps, you’ll be able to log in to your account.
Step 3: Browse the available products and services
- Once you’re logged in, on your app’s dashboard, under “Quick Actions,” choose “Split Purchase.”
- Next, tap “Fund a Purchase”. Then you’ll need to enter the information about the item you bought.
Step 6: Complete the payment process
- Enter the initial payment amount and the number of payments, then click “Continue.”
- If your request is approved, your money will be available when you pay the merchant.
It’s important to note that buying now and paying later on Carbon Zero is subject to credit approval. This means that you’ll need to have a good credit history to be eligible for this option. Additionally, there may be fees associated with buying now and paying later, so it’s important to read the terms and conditions carefully before making your purchase.
In conclusion, the Carbon Zero app is a great way to buy now and pay later for various products and services in Nigeria. By following these simple steps, you’ll be able to make a purchase without paying the full amount upfront. This can be particularly helpful for those who may not have the funds to make a purchase right away, but still want to take advantage of a particular offer or deal.