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FirstEase
Enjoy Convenient Payments with FirstEase FirstEase is a Buy-Now- Pay- Later digital lending offering that allows customers to make purchases and pay in instalments over a 6-month period.
Loan Information
FirstEase enables customers to manage purchases and bill payments easily Anywhere and Anytime, providing convenience and flexibility without visiting stores physically. Using advanced AI/ML models, FirstEase determines personalized eligibility amounts for ecommerce and bill payment options, ensuring a seamless experience.
Experience the convenience of FirstEase via
- FirstEase on Bills payments: Customers can purchase bills on FirstMobile or the Lit App and access a loan at the point of making bill payments, such as DSTV, GOTV, electricity, data, and airtime bills.
- FirstEase for Ecommerce: Allows customers purchase products and access them directly on ecommerce platforms and partner merchant sites such as smartphones, laptops, tablets, TVs, kitchen essentials (refrigerators, washing machines, microwaves), sporting equipments, Gadgets, laptops and various assets provided by partner
|
Product Model |
Interest rate |
Insurance rate |
Tenor |
Equity contribution |
Single Obligor |
|
Bills Payment |
3% |
2% |
30-days |
No Equity |
₦200,000 |
|
E-commerce |
5% |
3% |
1-6 months |
30% |
₦1,000,000 |
* Convenience fee of N100 is inclusive for every biller on the Bills payment offering.
- Easy and Fast access to credit: Make your purchase right from your device. No paperwork required.
- Flexible Loan Management Enjoy full control over your repayment schedule. With FirstEase, you can adjust your repayment plan at any time during the loan period. You also have the option to repay your loan early and once it’s settled, you’re immediately eligible to access a new loan.
FirstEase on Bills payments
- Login to FirstMobile/Lit App (please ensure your app is updated to the latest version),
- Select ‘Pay Bills’
- Click on ‘pay with credit’ and enjoy service.
FirstEase for Ecommerce: Visit any of our partner Ecommerce sites (Click here to see list)
- Select your desired product
- Select FirstChekOut and tap Buy Now Pay Later
- 30% of equity is deducted from account
- Follow the prompt to complete the transaction
*Delivery policy on products varies among merchants. Some merchants require buyers to pick up the items purchased. Kindly review the merchant’s delivery policy to confirm availability in your area.
Are you a merchant?
Are you an online merchant struggling with cart abandonment or declining sales? Turn visitors into buyers!
With FirstEase funds to purchase goods are no longer a hindrance to your customers, as FirstBank facilitates the payment. You, as a merchant, receive full value for your goods, while your customers enjoy the flexibility of repaying them in convenient installments.
Partner with FirstChekout and watch your conversion rate grow. Accept payments via multiple channels with card, USSD, QR code, pay with transfer, Pay with link and more
Click here to sign up or visit https://www.firstchekout.com/ to get started.
FAQs
FirstEase is a Buy Now Pay Later payment option that allows you to purchase products and services and spread payments over time.
You can access bill payments and products such as equipment and personal items listed on our partner Ecommerce shopping sites.
A 30% equity contribution is required to access products on our partner Ecommerce shopping sites, while zero equity contribution is permitted to access FirstEase for bill payments.
No, the equity contribution and the loan amount are separate components. Together, they constitute the total purchase price of the item.
Delivery coverage varies by merchant. While some vendors offer nationwide shipping, others may restrict delivery to specific regions or cities. We recommend reviewing the seller’s delivery policy to confirm availability in your area.
No, FirstEase is only available on FirstBank partner Ecommerce websites. Click here to see approved list of Ecommerce sites.
Yes, FirstEase is accessible at both online and onsite stores that have partnered with FirstBank. To access a product, you want and have seen at a physical store, you are required to visit the eCommerce site.
