BNPL Lender Product for ABSA Bank

Absa Bank Kenya offers a "Buy Now Pay Later" (BNPL) feature for credit cardholders, allowing them to convert transactions into installment plans. This feature, also known as "Lipa Pole Pole" (according to allAfrica.com, allows customers to pay for purchases in full, immediately, or spread the cost over a period between three and 12 months. The BNPL feature is available through Absa's mobile and internet banking platforms.

Key Features:

• Credit Card Link: The BNPL feature is linked to Absa credit cards.
• Self-Service: The feature is self-service and can be accessed through mobile and internet banking.
• Flexible Payment Options: Customers can choose to pay in full, immediately, or opt for a structured installment plan
• Installment Periods: Installment options range from 3 to 12 months

Where to Find More Information: Absa Bank Kenya Website: Visit Absa Bank Kenya PLC's website for more details on the BNPL feature and other credit card products. https://www.absabank.co.ke/personal