FirstBank launches 3% BNPL for smartphones, laptops via Pointek partnership
FirstBank partners with Pointek to offer FirstEase buy-now-pay-later financing for smartphones, laptops, and appliances at 3% interest over six months. Eligible FirstBank customers with transaction history can apply via FirstMobile app or Pointek's website, paying 30% upfront with the balance spread over six months. The product targets Nigerians who need devices for work, education, and digital services but face high upfront costs. Pointek's Director notes smartphones are essential for traders receiving digital payments, students accessing learning, and entrepreneurs running businesses. FirstBank says the partnership expands its digital lending strategy beyond cash loans into lifestyle financing. The bank recently also integrated Google Pay for cardholders.
Will you use FirstEase to upgrade your work devices, or does the 30% upfront requirement still put it out of reach?