Buy Now Pay Later

TERMS & CONDITIONS FOR PAY LATER SERVICES (BNPL)

FBPmarket Installmental Payment is Powered by Imowo MFB. 

To make shopping easier, FBPmarket offers customers the option of paying in installments for selected products through our financing partner, Imowo Microfinance Bank.

By choosing the installment plan, you agree to the following terms:

1. Initial Deposit – Customers must pay at least 25% (one-quarter) of the total item cost upfront.

2. Repayment Plan – The balance can be spread across a maximum of 4 months, with 10% monthly interest applied.

3. Eligibility

Available to residents of Ijebu Ode only (for now).

Not available to students.

Maximum amount eligible for installment is ₦500,000.

4. Required Documents – Customers must provide the following to qualify:

. One recent passport photograph

. National Identification Number (NIN)

. Bank Verification Number (BVN)

. Utility bill (NEPA bill) showing current address

. Bank statement (required for salary earners to verify income)

5. Verification – All applications are subject to Imowo MFB’s verification and approval. Orders will only be released once FBPmarket receives clearance from the bank.

6. Payments – All installment payments must be made directly into the customer’s account with Imowo MFB, which will be opened during onboarding.

7. Delivery Policy – All installment orders are for door delivery only. Pickup is not available under this plan.

8. Right to Reject – FBPmarket and Imowo MFB reserve the right to reject any installment application at their sole discretion.

9. Default Policy – Failure to make payments as at when due may attract penalties and affect future eligibility.

We will do our best to keep you informed from time to time on the status of this transaction. 

Please, constantly check your WhatsApp, email and the Order Section of your account dashboard for any update from us concerning this order.