What is Nelo?
Nelo is a credit app available for Android and iOS that lets you buy now and pay later in installments, with no bank card required. From the app you can shop online and in physical stores, pay bills, top up your phone and withdraw cash — all from your phone.
What can you use Nelo for?
- Pay bills and top up your phone
- Withdraw cash
- Buy thousands of products interest-free
- Shop online at your favorite stores
- Get a credit card as a VIP Plus user
How does Nelo work?
You sign up in the app with your details, get a response about your credit line within minutes and, once approved, choose to pay for your purchases in installments. You decide how to use your credit within the available options.
Is Nelo a bank or a card?
Nelo is a credit service operated by Nelo Mobile, S.A. de C.V. It is not a traditional bank: it is an app that gives you a digital credit line and, for VIP Plus users, a physical credit card you can use anywhere Mastercard is accepted.
