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Stanbic IBTC Buy Now Pay Later
Company Updates, Press Release

PricePally and Stanbic IBTC Partner to Make Grocery Shopping More Affordable with Buy Now, Pay Later

PricePally, Nigeria’s leading bulk grocery platform, has partnered with Stanbic IBTC to introduce a Buy Now, Pay Later (BNPL) payment option, an offering designed to make grocery shopping more flexible and financially accessible for eligible customers.

With this new feature salaried Stanbic IBTC customers, who have been pre-approved for the bank’s EZ Cash loan, can shop on PricePally and split their payments without hassle. Customers with active EZ Cash access—qualified based on Stanbic’s internal credit assessment—can take advantage of this feature for orders up to ₦7.5 million.

How to Use the Stanbic IBTC BNPL Feature on PricePally

The process is seamless. During checkout on PricePally, eligible users simply select the BNPL option, choose Stanbic IBTC, and follow a brief application and identity verification process. Once the application is approved, Stanbic disburses the loan amount directly to the customer. The applicant then makes payment on PricePally. Funds are transferred instantly, allowing PricePally to fulfill and deliver the order without delays.

While serving all Stanbic customers, this arrangement is particularly beneficial for users who shop in bulk or shop for a large family. With the BNPL scheme, they will be able to buy more while saving costs on wholesale quantities.

To maintain the integrity of the offering and protect both parties, PricePally has put a system in place to provide delivery proof to Stanbic IBTC on request—ensuring that every transaction is traceable and completed. This helps safeguard against loan misuse and reinforces customers’ accountability, while giving them the flexibility to manage their grocery needs without upfront financial strain.

With this collaboration, PricePally continues to strengthen its mission to make high-quality, affordable groceries accessible to more Nigerians—now with added ease for Stanbic IBTC customers.

About PricePally

PricePally is a leading online platform committed to making food more affordable and accessible by enabling customers to buy farm-fresh groceries directly from farmers and wholesalers. Through community-based buying, PricePally reduces food costs and promotes food security.

About Stanbic IBTC

Stanbic IBTC is a leading end-to-end financial services group in Nigeria—offering banking, investment, asset management, pensions, insurance, stockbroking, and fintech solutions through over 175 branches and digital channels . Backed by AAA ratings and part of Standard Bank Group, the company delivers transparent, innovative, and client-focused products, including SME loans, mortgages, cards, and pensions.

Author

  • Michael Emmanuel is a marketer & writer with experience in verticals including ecommerce, finance, and hospitality. He enjoys cooking, or watching other people share their cooking experiences.

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