Kalabash, a new entrant into the rapidly expanding Buy Now, Pay Later (BNPL) fintech space, has unveiled Pay Small Small, a product that allows all air passengers to enjoy great travel deals and prices by paying as little as 25 per cent of the total cost as a down payment to lock in travel fares and splitting the rest into convenient instalments.
Kalabash’s Pay Small Small product aims to alleviate travellers’ burdens by allowing them to lock in more affordable ticket prices and pay the remainder in instalments.
Targeted at travellers and intending travellers, Pay Small Small is a flexible travel payment plan that allows customers to lock down great travel deals.
Its instalment options allow customers to plan their travel from 24 hours to 6 months in advance. Customers, who book ahead of time, can take advantage of lower fares.
Checkout is simple, and no credit checks are required because all customers have access to the payment plan.
The chief executive officer of Kalabash, Ladi Ojuri, stated that, Kalabash is positioned to transform businesses across Africa and drive growth within the travel sector by making customer acquisition faster, more affordable, and more efficient.
He stated that it will be supported by best practices for security and compliance, making transactions less vulnerable to fraud, errors, and other risks.
According to Ojuri, “with the current economy, we believe that our Pay Small Small for Travel product will add value to Air Peace and Nigerians in general. We have a track record of assisting customers in meeting their travel obligations without breaking the bank.”
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