What's in it for you?
Compliance
Meet regulatory requirements with accounts designed to safeguard and separate client funds
Clear oversight
Track and manage client money with transparent records and controlled withdrawals
Expert support
Get guidance from teams experienced in legal, property, and estate trust requirements
Secure transactions
Receive, hold, and disburse funds safely with efficient transaction options
Give your customers the pay later option
Your clients can now pay conveniently in instalments.
How it works
Get going with a simple link
No complex coding is required to add the Buy Now Pay Later solution to your existing website.
You get paid instantly
Your customers pay later, you get paid immediately the transaction is concluded.
Physical stores? Easy QR code
Customers simply scan your QR code at checkout and you get paid, it’s that easy.
Frequently Asked Questions
What is Buy Now, Pay Later (BNPL)?
Buy Now, Pay Later (BNPL) is a payment option that allows you to sell items to customers who can pay for them later in installments. The customer can split the total cost into manageable payments however the merchant would receive full payment after the customers purchase.
How is Buy Now, Pay Later (BNPL) beneficial to my business?
There are no delayed settlements as you will instantly receive payment for the items purchased by customers immediately the transaction is completed. Also, the Stanbic IBTC Buy Now, Pay Later (BNPL) solution has the potential to increase sales by creating business awareness to the Bank’s eligible customer base.
How do I sign up my e-commerce site on Stanbic IBTC Buy Now, Pay Later (BNPL)?
Visit our website at www.stanbicibtcbank.com, navigate to the business module and select the Buy Now, Pay Later (BNPL) feature then select ‘Click here to get started’ and complete the required information to register. After review is verified by Stanbic IBTC Bank, you will be notified on the integration steps.
What are the requirements to register?
You require the following to register on our Buy Now, Pay Later (BNPL) as a merchant.
- Business name
- Business category
- Account details (for Stanbic IBTC Bank account holders)
- RC number
- Contact details
Can I register if I am not a Stanbic IBTC Bank customer?
Yes, you will be contacted to provide further information. Kindly visit our website at www.stanbicibtcbank.com, navigate to the business module and select the Buy Now, Pay Later (BNPL) feature then select ‘Click here to get started’ and complete the required information to register. After review is verified by Stanbic IBTC Bank, you will be notified on the integration steps.