Easybuy Phones and Prices in Nigeria for 2024/25: Get the Latest Tecno, Infinix, and Samsung Devices on Installment

Buying a new phone in Nigeria with the current economy can be super expensive, with cutthroat prices. This might interfere with your plans to change your phone or get a second phone to use in addition to your current one. But sometimes, no matter how you avoid it, you will need to change your phone at some point, either because the “real owners” laid hands on it or it got damaged beyond repair. When this is the case, there’s a viable solution available for you.

Ever heard of Easybuy? This is a mobile device finance service that allows you to change your phone conveniently through flexible instalment plans and low interest rates. Easybuy phones in Nigeria are increasingly popular, as they are comprised of popular brands like Tecno, Infinix, and Samsung, enabling you to own your dream phone without having to break the bank upfront.

If you have plans to change your phone before the year runs out or you want to gift yourself a new phone to mark the new year, then read through this guide to know how Easybuy can make your wish come true. This article will provide an in-depth guide to Easybuy phones and prices, the requirements, and how you can easily purchase a phone using the service.

How Easybuy Works

With Easybuy, buying a phone in instalments is not only possible but also easy. You start by making a 30 per cent down payment on your desired phone, after which you can spread the remaining balance over 3 to 12 months, depending on the plan you choose and your financial capacity. The best part of the entire process is that it can be conveniently carried out using the Easybuy app.

Here’s a step-by-step process to apply for Easybuy device financing:

• Download the app or visit an Easybuy store around you.
• Select your preferred phone model.
• Make a 30% down payment.
• Spread the remaining payments over 3-6 months.
• Complete the payment via the Easybuy app or at partner locations.

Note: Easybuy partners with phone vendors, making them available in cities near you.

Easybuy Phones and Prices in Nigeria

Easybuy offers a range of popular mobile phones with prices that tally with market prices. You can buy Tecno phones from Easbuy Nigeria as well as other latest smartphones. See the popular phones available on Easybuy and their prices estimated below:

Popular Brands Available on Easybuy

Here are the well-known brands available on Easybuy with their features:

• Tecno

Tecno phones are known for their affordability and impressive features, including long-lasting batteries, sharp cameras, and large storage. Tecno phones are popular among people who are budget-conscious but still want a functional phone.

• Infinix

This brand has sleek phone designs, great camera quality, large battery capacity, as well as fast processors. It is also affordable to purchase.

• Samsung 

Samsung smartphones have Super AMOLED displays and great cameras for photos and videos. Samsung has phones like the A-series that fall within the budget-friendly options and more expensive ones like the S-series with extra features.

• Itel

These phones provide you value for money with devices that offer reliable performance, long battery life, and durable designs at low prices. Although these phones do not offer premium features, they meet basic needs such as social media browsing, taking photos, and basic gaming.

• Nokia

Nokia phones are known for their durability, functionality, and simplicity with long-lasting battery life. Their phones are affordable and easy to use.

• Xiaomi

Xiaomi phones are increasingly gaining significant popularity because of their high-end features and affordable pricing. Xiaomi phones have powerful processors, great cameras, and sleek designs. Some brands of Xiaomi devices come with features like AMOLED displays, high refresh rates, and large battery life without a hefty price tag.

• Oppo

Oppo phones have stylish designs, advanced camera systems with features like AI-powered cameras, night mode and ultra-wide-angle lenses, and reliable performance.

Estimated Prices for Popular Phones in 2024

Easybuy phone prices are usually the same as market prices with low interest rates for using the Easybuy service. 

Tecno

Here are some estimated prices in 2024 for Tecno phones from Easybuy, including the upfront payment and a 6-month payment plan:

Infinix

For Infinix phones, see an estimated breakdown of the payment over six months: 

Samsung

Here are the Samsung phones available on Easybuy:

Itel

Here’s a table with the estimated prices for Itel phones available through Easybuy, including the phone model, upfront payment, and the payment plan over six months:

Nokia

Here’s a table with the estimated prices for Nokia phones available through Easybuy in Nigeria. 

Xiaomi

Here’s a table highlighting the estimated prices for Xiaomi phones available through Easybuy, including the total payment, upfront payment, and payment plan over six months:

Oppo

For Oppo phones, see the  total payments, upfront payments, and payment plans over six months below:

Note: Prices vary depending on the specific model, market conditions, device availability, and selected payment terms. To calculate your payment, simply take 30% of the total price of your chosen phone as the initial payment. You can then spread the remaining balance over six months or choose a timeline that best suits your financial capacity.

Also Read: Latest Smartphone Releases In 2024

Requirements for Purchasing Phones from Easybuy

There are some requirements for purchasing phones from Easybuy in Nigeria. This includes: 

• Nigerian Residency: You must be a resident of Nigeria.
• Bank Verification Number (BVN): This is essential for verifying your identity.
• Reliable Source of Income: Proof of income ensures that you can meet the payment terms.
• Valid ID and Phone Number: To confirm your identity.

These requirements are standard for cities like Lagos, Ibadan, and Owerri; however, if you’re in other regions aside from these that have Easybuy access, you can enquire on whether other conditions will need to be met by you.

How to Apply for Easybuy Device Financing

If you’ve satisfied the necessary requirements, the next step is to apply for Easybuy device financing. You can do that by following these steps:

Steps to Apply

• Download the Easybuy app from the Google Play Store.
• Select your desired phone model.
• Choose an instalment plan that suits your budget.
• Provide necessary documents, including BVN, proof of income, and ID.

Note: If you choose to visit a partner location to carry out these steps, you will still need to download the app for registration so it is better to beat the clock by downloading the Easbuy app beforehand and even making payments (only after you’ve confirmed that your desired phone model is available.)

Easybuy Device Financing Loans Explained

Easybuy financing comes with interest rates. These rates are not fixed; rather, they are calculated based on the repayment plan you choose. In case of default, customers may face additional penalties, and the phone may be locked until payments resume.

Cities Where Easybuy Services Are Available

These are the major cities in Nigeria where Easybuy operates:

• Lagos
• Abuja
• Port Harcourt
• Ibadan
• Uyo
• Benin City
• Kaduna
• Akure
• Warri
• Jos
• Owerri

Note: Ensure to always check the Easybuy service close to you to know the phones available, payment plan, and requirements you might need.

Benefits of Buying Phones Through Easybuy

Easybuy offers many benefits, such as:

• Flexible Payment Options

Easybuy gives you the opportunity to own a high-quality smartphone with flexible payment since you can spread payments over several months.

• User-Friendly Financing Process

With the Easybuy app, you can quickly apply for financing and keep track of your payments. The app also notifies you of upcoming payments, helping you stay organised.

Drawbacks and Considerations When Using Easybuy

Despite the benefits, Easybuy has some negative considerations that you must keep in mind. These are:

• Interest Rates and Additional Costs

While Easybuy provides convenience, it’s essential to note that there are interest rates on instalment payments. This means the total cost of the phone may end up being higher than its original price.

• Consequences of Default

If you fail to meet your payment obligations, Easybuy may lock your phone until payments are resumed. Ensure you fully understand the terms before committing to a plan.

Frequently Asked Questions (FAQs)

What is the minimum down payment for Easybuy? 

The minimum down payment is 30% of the phone’s price.

Can I buy other electronics on Easybuy?

Yes, Easybuy also offers financing options for other electronics, including washing machines and refrigerators.

What if I have a low credit score? 

Easybuy may still approve your application based on other criteria like your income level and BVN history.

How can I check my Easybuy loan balance? 

You can track your loan balance through the Easybuy app or by contacting customer service.

Online Platforms Used To Buy Smartphones In Nigeria

While Easybuy Phones offers a unique payment structure, several other online platforms cater to the diverse smartphone needs of Nigerians. Noteworthy alternatives include Jumia, Konga, Slot, and Kara, 9jalist.com offers a broad range of smartphones at competitive prices.

Elsie Udoh

SEO Content Writer | Website | + posts

Elsie Udoh is an SEO content writer who specialises in writing engaging stories that resonates with diverse audiences. She studied mass communication at the Lagos State University.

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