Frequently asked questions

• Completely digital process; go from checkout to disbursement in under 6 minutes.

• A quick, convenient opportunity to split payments into 6 monthly installments.

• Flexible Down-payment: Customers can make a down-payment of between 30-80% of the product price.

• Competitive Interest Rate: Monthly interest rates of 7.5% applied only to the remaining balance after the initial down payment.

• Loan limits up to N1,000,000

• Loan Tenor: 1-6 months

• Zero paperwork required

A Checkout Merchant is any registered business owner who offers Credit Direct Checkout's Buy Now Pay Later option for the goods and services they sell through their e-commerce website, social media store, or physical store (via payment link).

Checkout Merchants enjoy the following benefits:

• Instant settlement upon customer down payment.

• Increased average order value.

• Reduced cart abandonment rate.

• Improved website sales conversion.

• Easy integration into merchant websites.

• Merchant dashboard for transaction monitoring and support.

• A registered business with a CAC certificate.

• An e-commerce, social media or physical store.

To get started, visit the Credit Direct Checkout For Businesses page.

No, the process is seamless, requiring only basic KYC and bank information during checkout.

With customer consent, we access BVN, phone number, credit report and bank statement details to

determine your customers' loan terms.

Our branding is designed to be merchant-website friendly, eliminating the need for further customization.

Your logo will be prominently displayed. White labeling is also available, contact our support team for

further information.

No, all card transactions are handled by PCI DSS-compliant partners

Currently, we offer six (6) monthly payment installments

We provide comprehensive technical support, including documentation, installation and integration

assistance, and real-time product support via your preferred communication channel.

Yes, we provide training sessions for your staff.

Standard bank statement spool fee (set by the customer’s bank) and account tokenization charge

You incur no charges. You receive 100% of the product price.

We use instant settlement to credit your account upon customer down payment. Transaction and

settlement information is available on your merchant dashboard.

You will have access to a merchant dashboard where you can track all your transactions and settlements.

Merchants receive payment immediately after the customer's loan is successful.