Hamrobazaar Partners with Foneloan to Launch Buy Now, Pay Later
Kathmandu: Hamrobazaar, Nepal’s largest online marketplace officially launches its Buy Now, Pay Later feature in collaboration with Foneloan, Nepal’s leading digital lending platform.
Known as HamroBNPL, this feature 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 Ltd., Nepal Investment Mega Bank Ltd., Laxmi Sunrise Bank Ltd., and Agricultural Development Bank Ltd. can make use of this feature through their respective Mobile Banking apps.
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 occasion of the launch, Sagar Sharma the CEO of Foneloan shared, “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.”
