Carrefour Introduces ‘LipaVismart’ Allowing Customers to Shop and Pay Later

In partnership with Lipa Later, Carrefour has rolled out the LipaVismart product which will allow customers to shop for items and pay later.

LipaVismart will offer an installment plan or monthly payment plan for all items within Carrefour including electronics, gadgets, appliances, furniture, perishables, and consumer items.

According to Frank Moreau, Carrefour Country Manager, the partnership will help customers get the products they need from all the retailer’s outlets to help them improve their lives.

“We are very excited to partner with Lipa Later to roll out LipaVismart in all our outlets in Kenya and very soon across the region,” he said.

The service will provide a credit limit of up to a basket size of 500,000 shillings.

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“We understand shopping is an almost daily thing, we have therefore made sure that once you start making monthly payments, you get back part of the amount you paid to go back towards the limit you use for shopping,” said Claudine Gakundi, Country Manager Lipa Later.

The service works in that once you sign up online or at any Carrefour outlet, you’ll receive an instant approval with their available credit limit that they can use at any of the outlets. You will have up to 30 days to make your first payment but still take the item home there and then.

LipaVismart offers the lowest interest rates in town, at 2.3 percent per month, with no other fees charged.

Customers have an option of choosing the duration they would like to make their affordable monthly repayments for the items they have bought, and this ranges from 3, 6, 9, or up to 12 months.