As we enter the new year of 2024, the smartphone market in Nigeria continues to blossom with new exciting devices being released every month. However, one of the biggest challenges for many Nigerians is being able to afford these latest smartphones upfront due to their rising prices. This is where EasyBuy comes in as a fantastic financing solution.
EasyBuy Nigeria is one of the leading buy now pay later platforms that allow customers to purchase smartphones and other electronic devices on installment plans. Using EasyBuy’s service, you can make a partial upfront payment and spread the remaining balance across 3 to 6 months of low and affordable monthly installments. This makes it very easy and convenient for many more Nigerians to finally own their dream devices.
In this blog post, we will take a detailed look at the various smartphone brands and models that are currently available on EasyBuy Nigeria and their price ranges in 2024. We will cover popular brands like iPhone, Samsung, Infinix, Tecno, Xiaomi, Nokia and more. In addition, we will also provide insights into EasyBuy’s application process, eligibility criteria, and frequently asked questions. So without further ado, let’s get started!
Availability of EasyBuy in Popular Nigerian Cities
As one of the leading buy now pay later platforms in Nigeria, EasyBuy has a strong presence across major cities in the country to ensure convenient access for customers. Some of the well-known cities where EasyBuy offers its phone financing services include:
- Lagos – Being the commercial capital, EasyBuy has plenty of stores and agents in cities like Ikeja, Surulere, Yaba, Idumota etc.
- Abuja – Major areas covered are Wuse, Garki, Maitama, Jahi, etc.
- Port Harcourt – Rumuola, Elelenwo, GRA phase 1 etc.
- Kano – Nasarawa, Kabuga, Gwale etc.
- Ibadan – Bodija, Ojoo, Challenge etc.
- Benin City – Ugbowo, Evbuotubu, New Benin etc.
- Aba – Ariaria, Eziukwu, Asa Road etc.
Apart from these major cities, EasyBuy also has a presence in several other smaller cities and towns across Nigeria to serve customers remotely through their agents and app-based services.
Requirements for Purchasing Phones from EasyBuy Nigeria
To qualify for EasyBuy’s device financing service, customers must meet some basic eligibility criteria:
- Nigerian citizenship or legal residency in Nigeria
- Minimum age of 18 years
- Verifiable source of income
- Bank account with BVN
- Good credit history with no defaults
Upon approval after meeting these requirements, EasyBuy sets a predefined credit limit for each customer based on their profile. Customers can then browse devices within their credit limit and purchase them by making a 30% down payment while paying the remaining balance in easy installments.
It’s important for buyers to make timely repayments to maintain a good standing with EasyBuy. Failure to do so could lead to penalties, account restrictions, or device locks by EasyBuy. So buyers must ensure they have the capacity and discipline to repay before committing to any purchase.
Phones and Prices on EasyBuy Nigeria
With the rapid growth of the Nigerian market, manufacturers are releasing more affordable options alongside their flagship devices. Let’s take a look at some of the top brands and their price ranges on EasyBuy Nigeria:
iPhone
- iPhone 14 – From N1,200,000
- iPhone 13 – From N800,000
- iPhone 12 – From N650,000
- iPhone SE 2022 – From N350,000
Samsung
- Samsung Galaxy S23 Ultra – From N550,000
- Samsung Galaxy S23+ – From N450,000
- Samsung Galaxy A53 – From N200,000
- Samsung Galaxy M23 – From N150,000
Infinix
- Infinix Zero 5G – From N150,000
- Infinix Note 12 Pro – From N120,000
- Infinix Hot 12 Play – From N80,000
- Infinix Smart 6 – From N50,000
Tecno
- Tecno Phantom X2 Pro – From N250,000
- Tecno Camon 19 Pro – From N180,000
- Tecno Pop 7 Pro – From N70,000
- Tecno Pop 6 – From N40,000
Xiaomi
- Xiaomi 12 Pro – From N350,000
- Xiaomi Redmi Note 11 Pro – From N150,000
- Redmi 10A – From N50,000
- Redmi A2 Lite – From N30,000
Itel
- Itel P38 Pro – From N30,000
- Itel P17 – From N20,000
- Itel A58 – From N15,000
Nokia
- Nokia X30 5G – From N250,000
- Nokia G60 – From N150,000
- Nokia C30 – From N50,000
- Nokia C21 Plus – From N30,000
As you can see, EasyBuy offers a wide range of brands and models at various price points to suit different budgets. Customers can browse through their options, select devices within their EasyBuy credit limit, and purchase on convenient installment plans.
Applying for EasyBuy Device Financing
The application and approval process with EasyBuy is very straightforward and convenient in this digital age:
- Visit the EasyBuy website www.easybuy.com.ng or download their mobile app from the Google Play Store or iOS App Store.
- Enter your phone number and other basic details to start the application.
- You will receive an OTP for verification at your number.
- Once verified, the app will check your identity details like name, DOB, BVN, etc against CBN records.
- Upon clearance, EasyBuy will review your credit history and assign an instant credit/purchase limit.
- You can now browse available devices within your limit and select the purchase option.
- Make the mandatory 30% down payment online or at an agent outlet.
- The rest 70% amount is then divided into convenient monthly installments as per your selected plan (3 to 6 months).
- Your purchased device will be delivered once payment is confirmed.
So in summary, the entire application and purchase process with EasyBuy is seamless, quick, and can be completed remotely via their digital platforms.
Frequently Asked Questions about EasyBuy Financing:
Q. What happens if I fail to pay my monthly installments on time?
A. You risk penalties, default charges, and even temporary device locks by EasyBuy if payments are not made on the due dates. It is important to honor repayment commitments.
Q. Can I return or exchange the device if not satisfied?
A. Yes, EasyBuy offers a short return period (usually 7 days) to exchange a product if it is not as described or has faults. You will need to bear return shipping costs.
Q. Will I get a new credit limit after clearing my due amounts?
A. Yes, as you successfully repay your existing EasyBuy loans, your credit score improves. This could enable higher credit limits for future purchases.
Q. Are there certain locations I can pay at besides online?
A. Yes, you can find EasyBuy accredited payment outlets including POS agents, banks, shops, etc to deposit installment amounts across Nigeria.
Q. What documents are required for the EasyBuy application?
A – Basic KYC documents like valid ID cards, recent utility bills, and bank statements,, etc may be required to initiate the application process based on individual risk profile.
So in conclusion, EasyBuy provides a convenient option for Nigerians to purchase their favorite smartphones and other gadgets through instant device financing. By opting for 30-70% payment options, buyers are able to spread the cost burden and comfortably bring home new devices within affordable monthly budgets. Just ensure timely repayments to maintain a good credit standing with EasyBuy.