Nigeria Launches 'Fly Now, Pay Later' Scheme to Ease Domestic Airfare Hikes

To address the significant surge in domestic flight ticket prices, the Federal Government of Nigeria has officially launched an innovative initiative dubbed 'Fly Now, Pay Later'. This program allows employed Nigerian citizens to pay for domestic flight tickets in installments after booking, effectively alleviating the financial strain caused by soaring fares and aiming to remove financial barriers that hinder essential domestic travel for citizens.

This beneficial scheme is spearheaded by the Consumer Credit Corporation of Nigeria (CREDICORP), in close collaboration with the MyVisaro platform and Alert Microfinance Bank. Its implementation underscores the Federal Government's commitment to fostering a fair and responsible consumer credit system.

Through the 'Fly Now, Pay Later' program, the domestic flight booking experience in Nigeria has been greatly enhanced. Now, individuals who can afford domestic flights can easily opt for installment payment methods to complete their ticket booking and payment process.

This article will provide detailed information on the key aspects of the 'Fly Now, Pay Later' program, including how to register and complete the initial account setup, as well as specific details of the payment process.

Key Program Highlights

Here is a summary of important information regarding this program:

Account Registration and Activation Process

Before you can enjoy this convenient service, you must first create a personal account on the Visaro portal and complete the relevant identity verification and information input.

1. Account Registration

   

   Account Registration Process

   

2. Setting Up Your Account

   In your personal dashboard, you will need to complete detailed registration information and necessary identity verification to successfully activate the 'Fly Now, Pay Later' service.

   

   Visaro Dashboard

   You will need to enter the following information, some of which requires verification:

   

   Identity Verification

   Once your identity verification information is successfully reviewed and confirmed, you will gain access to the service.

3. Service Usage Instructions

   When booking flights, be sure to select Visaro BNPL (Buy Now, Pay Later) as your payment method. Additionally, the platform will require you to provide some basic information for a quick credit assessment.

   

   It is important to note that while the installment payments themselves are interest-free, late fees may apply if scheduled installments are not paid on time, and this could affect your eligibility to use Visaro services in the future.