1. Sep 08, 2020 Slot Nigeria PLC is currently one of the best smartphone retail companies in Nigeria which provide affordable and durable mobile phones, computers, accessories, and various types of Electronics. With over 45 branches nationwide, Slot has become a household name to most Nigerians who are interested in smartphones, computers and electronics.
2. SLOT is one of the few online mobile phone stores that offer interesting deals that make the purchase affordable for the customers. In fact, they are rated among the cheapest e-commerce mobile phone stores in the country. It is easy to see why Nigerians have embraced this mobile phone store.

Smartphone prices are constantly on the rise, and it is also increasingly becoming difficult to shell out huge amount of money (in one go) on a gadget, particularly in a country like Nigeria where there is no solid financing structure.

In developed countries, network carriers, smartphone manufacturers and vendors offer instalment pricing options and financing plans that allow users purchase new smartphones and spread payment monthly across a specified period.

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In Nigeria, however, this smartphone financing plans aren’t as widespread as it is in developed countries but there are certain e-commerce platforms and gadgets retailers that offer flexible payment plans on smartphones, laptops, accessories, electronics and other selected gadgets.

We’ll take a look at some of these platforms, details of their financing plans, supported devices, and the requirements.

1. Easybuy

Easybuy is a mobile device financing platform operated by Palmcredit. Easybuy offers flexible financing plans for people looking to purchase smartphones but cannot pay the one-off cost of their desired device.

All you need to do is pay an initial deposit (at least 30% of the phone’s cost) and work out a financing plan with Easybuy that lets you spread the payment of the remaining 70% (plus interest) over 3 — 6 months. The process is pretty easy and we have written a detailed A – Z guide on how to buy a smartphone (and other devices) on loan using Easybuy. Check out the guide below.

Continue Reading:How to Buy Smartphone & Other Devices With Easybuy Loan App

2. Jumia Nigeria

Jumia Nigeria runs a flexible financing structure for its customers who cannot afford to pay a one-off price on devices of their desired devices. The plan is under a subsidiary of Jumia Nigeria known as “Jumia Flex”. Customers of Jumia Nigeria can purchase selected smartphones, laptops, and other devices and spread payments across 3 — 6 months.

To do this, simply visit the Jumia Flex website and select the device you want to purchase, fill the application form and submit. Jumia Flex typically processes applications within 3 working days of submission. If you possess the required documents and everything on your application checks out, your application would be approved and you would be invited to pick your phone at the company’s office.

The entire application process is online and the requirements are listed below.

Requirements

1. Bank Verification Number
2. Bank Statement from last 6 months (in PDF)
3. A valid ID card (National ID card, International passport, Voters Card, or Driver’s license)

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Device purchased under Jumia Flex financing plans are in good conditions and protected under a 12-month warranty. Visit the Jumia Flex website to learn more about purchasing a smartphone and paying in installments.

UPDATE: The Jumia Flex gadget financing program is currently not available. Whenever Jumia Nigeria brings the program back up, we’ll keep you posted.

3. SLOT Nigeria

SLOT (www.slot.ng) is one of the oldest and biggest offline retailer of smartphone and all types of gadgets in Nigeria with over 60 stores spread across 18 states in the country. SLOT formerly sold phones, gadgets, accessories, and other home/office electronics to customers on a one-off payment model only but the company now offers more flexible gadgets acquisition plans.

Customers can trade in their old smartphones for a new one as well as purchase a news smartphone and pay in monthly installments over a specified period. Like Jumia, SLOT also offers 3 & 6 months repayment plans for smartphones, accessories, laptops, and other gadgets and electronics.

To purchase a phone from SLOT and pay later, you’ll have to visit any SLOT store/branch that closest to you to make enquiries regarding the device(s) you want to purchase, the price, payment plans, and any other details that you need to know. If the terms of the financing sit well with you, you’ll be asked to fill an application form and submit the necessary documents. Do that and your application will be processed in 24 hours.

If approved, the device you want to purchase will be handed to you and you can continue with the payment of the device later.

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4. ParktelOnline

ParktelOnline (www.parktelonline.com) is another leading smartphone retailer in the country that also provides smartphone financing plans. ParktelOnline basically sells mobile devices and accessories only and as such wants to put smartphones in the hands of those who aren’t financially capable enough for a one-off payment.

ParktelOnline’s “Buy now, pay later” plan is only available for its customers located in Lagos and Abuja, and is available for products NGN 50,000 and above. Application can be done online via its website or at any ParktelOnline store in Lagos and Abuja.

Smartphone financing plans not only makes it easy to purchase devices without breaking the bank, it also ensures that you don’t miss out on the latest technology because you currently cannot afford it. These are currently the popular platforms that offer “Buy Now, Pay Later” financing plans in Nigeria. We’ll keep this list updated if more companies spring up.

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	Monday 8am–6pmTuesday 8am–6pmWednesday 8am–6pmThursday 8am–6pmFriday 8am–6pmSaturday 8am–6pmSunday Closed
	slot.ng
	+234 906 208 3624
	121 Iwo Road Abayomi Busstop, Simisola House Ibadan, Ibadan, Nigeria
	3.9

• O
  Varieties of phones. You will not be disappointed
• O
  I a good place where they sale good phones
• W
  A place to get better mobile phones
• O
  Slot at Iwo road is a very nice place to be.Check them out
• O
  A place you can buy different types of phone and other accessoriesPhone repairs also available
• J
  A PLACE TO BUY AUTHENTIC AND GENUINE PHONE AND ITS ACCESSORIES.
• A
  Get what you want at good price
• A
  Authentic Quality phones sold here
• B
  A well-known store in Ibadan
• Z
  Nice place to buy phone, u get good prices
• A
  Stocks a wide range of phones. Good customer relations.
• G
  The prices of their items are relatively cheaper than most other stores. Nice experience
• K
  Customer friendly
• O
  I went to buy a new phone, tecno canon x and it was an awesome experience.
• I
  It was an amazing experience at slot
• D
  For your mobile phones
• A
  Good place to get a good phone
• L
  Quality cell phones and accessories sold here
• O
  Quality gadgets... But a bit pricey...
• A
  Nice place to get phones and accessories
• A
  Great.
• F
  Good customer relations
• S
  Slot is not spacious but the staff are efficient
• E
  Slot is a very good place to buy phones. Prices are fair, service is okay and they offer phone swaps (with conditions). The service personnel are good at fixing phones too but that aspect is really pricy
• T
  Get your mobile phones here.
• B
  A place to think of when it comes to electronics n gadgets
• S
  Great phone and gadgets
• O
  Nice experience
• A
  For mobile phones and computer accessories.
• M
  At abayomi junction, Iwo road Ibadan
• B
  Good Customer Service
• A
  Nice place for phones
• K
  It could be better compared to other branches.
• A
  Good hospitality
• S
  Cool environment
• O
  The slot is in Abayomi area of Iwo road
• P
  Nicr Phone shop
• A
  For your phone
• O
  Ok
• O
  Good location, service can be improved...
• A
  Well design
• A
  Guarantee phones and accessories
• A
  Home of all kind of electronics
• K
  Awesome
• E
  Good customer service
• A
  For your phone accessories
• T
  Apparently the only Slot store in Ibadan.
• O
  It is describable.
• I
  Smartphones shop and repair centre
• A
  Honest staff
• E
  A place to get phones and accessories
• O
  It was good
• A
  Guide was helpful
• A
  Guaranteed phones and laptop accessories
• O
  The right place to get quality phone and after sales services.
• A
  Fantastic
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  Cool
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  Just simple and alright
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  Nice items
• F
  Phone place
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  Normal
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  Fine
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  Phone mart
• O
  Good
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  Goods selling
• M
  Okay place
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  Phone store
• I
  Phone repair and sales basically
• O
  Was just within the vicinity
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  Phone and phone accessories
• I
  Not bad
• W
  Cool
• S
  Customers friendly
• O
  Good store
• A
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