Hamrobazaar Partners with Foneloan to Launch Buy Now, Pay Later

Sep 26, 2024 11:39 AM Merolagani



Hamrobazaar, one of Nepal’s online marketplace has officially launched its Buy Now, Pay Later feature in collaboration with Foneloan, a digital lending platform.

Issuing a press statement, Hamrobazaar informed that the feature Known as HamroBNPL enables eligible Foneloan users to purchase products on foneloan.hamrobazaar.com and pay in manageable equal monthly installments (EMI), making shopping on hamrobazaar.com more convenient and budget-friendly.

Foneloan users of Kumari Bank , Nepal Investment Mega Bank , Laxmi Sunrise Bank, and Agricultural Development Bank can make use of this feature through their respective Mobile Banking apps.

As per the statement, HamroBNPL offers customers Interest Free EMI for 6 months and Standard EMI for 9-12 months with zero down payment. Users can browse and choose from over 250 products on the HamroBNPL section of Hamrobazaar.com website. After selecting the desired product, Foneloan users can log in to their Mobile Banking app, scan the QR code displayed on the site and follow the steps.

On the occasion, Sagar Sharma, CEO of Foneloan said, “HamroBNPL is more than just a payment option—it’s a game-changer for the way Nepali consumers interact with e-commerce. By collaborating with Hamrobazaar, we’re offering our users the financial flexibility they need to make meaningful purchases without the pressure of immediate full payment. This initiative is part of our broader mission to make finance accessible and inclusive for individuals and businesses through technological innovations.”

 




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