How to Pay for Solar Subscriptions in Nigeria

As the demand for solar products grew, so did the payment options. As a result, there was a need for tech innovations to make renewable energy in the form of solar more accessible to the off-grid population alongside access to finance. Infibranches created that solution that provides access to finance and energy to unreached or under-reached populations. 

Alongside the distribution of solar products are the diverse payment options to make this alternative easy and affordable. We created a payment platform using technology and a network of people who can take these services to the farthest places that would otherwise be difficult to reach. These efforts contribute to financial inclusion in these areas, focusing on sub-Saharan Africa. 

Today, payment for solar products has become quite accessible through multiple options. 

(A) Solar Payment with a FaziPay POS Agent 

The first way to access payment for solar subscriptions is through the services of FaziPay Agents. These agents use our app to facilitate instant payments for any solar product a customer chooses. In this regard, the customer may decide to 

1. Pay all at once (outright payment)
2. Use the PayGo for monthly repayment for up to 24 months
3. Buy-Now-Pay-Later option at 0% interest

Apart from solar payments, FaziPay POS Agents can also complete cash transactions and bill payments, such as 

• Cash Withdrawal, Deposit & Transfer, 
• Electricity bills (IBEDC, IKEDC, KEDC, EKEDC, etc.)
• Cable TV Subscription (DSTV, GOtv & StarTimes)
• Airtime & Data Recharge (All networks)
• Health & Car Insurance 
• Toll Fee 
• School, Church & Organisation fees
• Bet account funding

• Outright Payment

When a customer picks a solar product and decides to make a full payment at once, the POS agent or retailer can help to make the instant payment. Afterward, the customer gets the order confirmation and receives the delivery in less than 72 hours. Kindly note that all our products are available for this payment option.

• PayGo

The PayGo instance is when the customer can spread out the payment for the solar product over a long period, up to 24 months. In this case, the customer asks the agent or retailer to

• Order the product
• Choose the PayGo payment method
• Pay the initial deposit
• Expect the product in less than 72 hours via DHL delivery
• Start the remaining payment in the following month using the FaziPay POS agent

Kindly note that you can enjoy full access to the solar home system when you complete the payment. In addition, only some of our products are available for this payment option. 

On the other hand, onboarding new retailers and POS agents are still ongoing, and you can register here. You can also learn more about why you need to choose FaziPay POS for your business. 

• Buy-Now-Pay-Later option

The Buy-Now-Pay-Later option is similar to the PayGo in that you can start enjoying the solar product after your initial payment. However, this option is unique because it attracts 0% interest over the time you repay for the product. Also, it allows weekly or monthly payments for eight weeks and four months, respectively. Some partners in this regard include Carbon zero, Lipalater, Zilla, and Primera Microfinance bank. 

(B) The payment as a non-POS Agent 

Apart from payment for solar products that involve other services of FaziPay agents, customers can also use other means of making payments. There are many options when it comes to producing solar subscriptions in Nigeria, and some of them include 

• Buy directly online

When it comes to payments for solar, customers can visit the FaziPay store to pick a product, add it to the cart and proceed to pay. Different suitable payment options are available when checking out the product. When the order is confirmed, you can expect delivery in less than 72 hours when the order is confirmed. 

• Use of USSD

To diversify payment solutions to our customers, we partnered with Airtel Smartcash to list solar payments on the *939# USSD platform. In other words, customers who do not have access to a data network can now pick and pay for solar by dialing *939# to begin the process. However, this offer is limited to Airtel subscribers only. 

• Bank ATM

Another payment option available to customers is payment via Bank ATMs. Infibranches has partnered with Interswitch to make solar payments possible via multiple ATMs of commercial banks, including

• Bond Bank
• Eco Bank
• Fidelity Bank
• FCMB
• Keystone Bank
• UBA, and 
• Wema Bank

• Quickteller.com

Apart from the ability to pay using Bank ATMs, our partnership with Interswitch allows our customers to pay online with quickteller. Customers can simply log into the site, search for Infibranches, pick a solar product to buy, and make quick payments. When we confirm the payment, you can expect to receive the product in less than 72 hours using DHL delivery.

• PayCenter POS Agents

In further collaboration, Infibranches partnered with eSettlement to enable PayCentre POS agents to make solar payments for customers. This partnership further extends the ease of payment for consumers who can make solar payments at any PayCentre outlet.