{"id":8428,"date":"2023-05-25T12:12:48","date_gmt":"2023-05-25T12:12:48","guid":{"rendered":"https:\/\/infibranches.com\/blog\/?p=8428"},"modified":"2023-05-25T12:12:48","modified_gmt":"2023-05-25T12:12:48","slug":"how-to-pay-for-solar-subscriptions-in-nigeria","status":"publish","type":"post","link":"https:\/\/fazipay.com\/blog\/how-to-pay-for-solar-subscriptions-in-nigeria\/","title":{"rendered":"How to Pay for Solar Subscriptions in Nigeria"},"content":{"rendered":"\t\t
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The erratic power supply in Nigeria is a strong indication that the nation remains a potential market for solar products. This observation has also been validated by the growth in acceptance of the renewable energy option, giving Nigeria high sunlight potential. But one of the essential factors is how to pay for solar subscriptions in Nigeria.<\/span><\/p>

In addition, different studies have shown that the renewable energy sector could hold the key to bridging the energy gap within the country. Solar products powered by technology could redefine the game of energy transition for an average household, provided that the problem of accessibility to finance is equally solved.\u00a0<\/span><\/p>

These are the two significant ways Infibranches is changing the game by providing access to financial services and renewable energy in the form of solar to last-mile consumers. However, despite a solar thermal power potential of 427,000MW, the current power generation is still about 5000 MW, which is still a far cry from the demands.\u00a0<\/span><\/p>

When it comes to paying for solar, many options are available to consumers at different levels. There are solar products that fit every need at a trim consumer level, household level, or corporate level. After identifying the <\/span>most suitable solar product<\/strong> for your needs, the next question is how to pay for solar subscriptions, which is the focus of this article.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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How to Pay for Solar Subscriptions in Nigeria<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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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. <\/span>Infibranches<\/a><\/strong> created that solution that provides access to finance and energy to unreached or under-reached populations.\u00a0<\/span><\/p>

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 <\/span>financial inclusion<\/span> in these areas, focusing on sub-Saharan Africa.\u00a0<\/span><\/p>

Today, payment for solar products has become quite accessible through multiple options.\u00a0<\/span><\/p>

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(A) Solar Payment with a FaziPay POS Agent\u00a0<\/b><\/h3>

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\u00a0<\/span><\/p>

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

    Apart from solar payments, FaziPay POS Agents can also complete cash transactions and bill payments, such as\u00a0<\/span><\/p>