Carbon Zero is a buy-now-pay-later product that lets you purchase gadgets and electronics and pay in small installments at a 0% interest rate. These include phones, TVs, refrigerators, air conditioners, gaming consoles, and a whole lot more.
Do I have to pay any interest?
Not at all! That’s what makes Carbon Zero different; you only pay the original price and you also get to spread the payment conveniently.
Do I have to pay an initial instalment?
Yes, there is a small part of the total cost to be paid at the point of purchase. The rest is spread over a period of time, usually six months.
How can I split my payments with Carbon Zero?
Repayment plans vary depending on the merchant store and it is usually spread for 3 months. However, repayment can be extended to 6 months at a 2% deferred interest on the remaining 3 months.
Are there any hidden fees?
There are absolutely no hidden charges when you buy any item with Carbon Zero. However, to help smoothen the repayment process, there is a charge on late repayments.
Can I purchase items from any merchant?
Yes you can. At the moment we offer Zero at any store. You would need to pay an additional fee of 5% of the total cost of the item. You need to attach the invoice of the vendor, showing the item and the price
What items are available?
There are various gadgets and electronic items available on Carbon Zero, from smartphones to TVs, home theatre sets, refrigerators, air conditioners, laptops, and so on.
Is Carbon Zero for Carbon Customers only?
Yes, it is accessible to both new and old Carbon customers, meaning you can qualify simply by signing up on Carbon TODAY.
Do I need to be a salary earner?
No please but you must have a verifiable income.
Can I apply for Carbon Zero if I have an existing loan with Carbon?
Customers with an existing Carbon loan can get access to Carbon Zero as soon as they complete loan repayments or after liquidation.
Do I need a minimum salary to access Carbon Zero?
At the moment, Carbon Zero is only available to customers who earn at least ₦120,000 monthly.
Is Carbon Zero available everywhere in Nigeria?
You can find our partners in Lagos at the moment. But be rest assured, we’re announcing more merchants in other locations across Nigeria soon.
Is there a minimum purchase I can make with Carbon Zero?
Yes. Customers can currently finance items from any of our merchants from as low as ₦50,000 with Carbon Zero.
Can I sign up as a merchant?
Yes, you can sign up as a merchant. You will go through our vetting process and, once verified, become an authorized Carbon Zero partner.
How do I become a merchant?
You can apply to become a Carbon Zero merchant by filling the application form here https://forms.gle/RhMkvreZKVYK2NJz6
as part of our screening process. A member of the team will contact you subsequently.