Buy now and pay later with Nelo

What buy now, pay later options exist in Mexico?

Four different buy now, pay later models coexist in Mexico, and they do not all work the same way or ask for the same things. The main difference is whether you need a credit card and where you can actually use them.

Before choosing one, check three things: whether they ask for a bank card or a credit history, whether you can use it at any store or only at partner merchants, and whether you see the total cost and the payment dates before accepting.

Nelo belongs to the last group: a line of credit of its own that you use wherever you want, online or in store, choosing how many instalments to split it into.

Instalments at the merchant checkout

Shows up as a payment method at checkout. Convenient, but it only works at merchants that have integrated it.

Interest-free monthly plans on a credit card

Offered by banks. They require you to already hold a credit card and the merchant to take part in the promotion.

Department store credit

The store opens a line for you to spend inside its own catalogue. You cannot use it anywhere else.

Apps with their own line of credit

They give you credit you can use anywhere, online or in store, without depending on a bank card. This is where Nelo sits.