What Is MTN “Pick & Pay Later”? — Full Guide for 2026

MTN Pick and Pay Later is a phone-financing scheme by MTN Ghana (in partnership with banks and device providers) that allows customers to get a smartphone immediately and pay for it in monthly instalments — instead of paying the full price upfront.

How It Works — Step-by-Step

1. Eligibility & Credit Check
   MTN assesses your creditworthiness using a credit-scoring engine. Only qualified customers get access to the service.

2. Dial to Apply
   Dial *170#, go to Financial Services → Loans → Device Pick and Pay Later to apply.

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3. Make Initial Deposit
   After approval, you make a small initial down-payment via MTN Mobile Money (MoMo) or other accepted method.

4. Collect the Phone
   After deposit, visit the designated MTN service centre (with your Ghana Card as ID) to pick up your new smartphone.

5. Pay Remaining Balance in Instalments
   You pay the outstanding balance monthly over 4 or 6 months via MoMo.

6. Ownership Transfers Only After Full Payment
   The device remains on credit until you complete all repayments. If you default, the device can be locked or reclaimed.

What Devices & Offers Are Available

• Initially launched with select 4G smartphones (often Samsung devices).

• Offers sometimes include data-start=”1681″ data-end=”1707″>data bundle incentives (e.g. free or discounted data with the phone) for a limited time.

• The actual device options depend on your credit score and the financing offer active at the time.

Benefits — Why People Use Pick & Pay Later

• Buy now, pay later — ideal if you can’t afford full upfront device cost

• Flexible payment terms — spreading cost over several months

• Access to smartphone sooner — useful for work, MoMo, internet access, etc.

• Digital inclusion & convenience — easier for people who rely on mobile services but lack cash upfront

What to Know Before You Subscribe

• Initial deposit + monthly payments required — missing payments could lead to phone lock or repossession. Ownership only after full payment.

• Creditworthiness matters — consumers with poor credit history may not qualify or get limited device options.

• Interest/fees apply — this is effectively a financed purchase; total paid may exceed outright price depending on plan.

• Only one active device loan at a time — you must complete payment before getting a new device under the scheme.

How to Apply — Quick Summary

• Dial *170# → go to Financial Services → Loans → Device Pick & Pay Later

• Confirm eligibility and smartphone options

• Pay initial deposit via MoMo

• Visit MTN service centre with Ghana Card to collect phone

• Pay balance monthly for 4 or 6 months via MoMo

FAQs

Q: Who is eligible for Pick & Pay Later?
A: Any MTN customer who passes the credit scoring check, is over 18, and has a valid Ghana Card.

Q: What happens if I default on payments?
A: The smartphone can be locked or reclaimed until outstanding balance is cleared; you lose ownership until full payment.

Q: Can I pay off the device earlier than 4–6 months?
A: Yes — early full payment is usually allowed and encouraged.

Q: Does the service work for all smartphone brands?
A: Typically for select devices — often mid-range or entry-level 4G smartphones approved under the scheme.

Q: Do I need to have MoMo to use the service?
A: Yes. Payments and initial deposits are conducted via MTN Mobile Money

Source: Accra Street Journal – Tech

Last Updated on March 9, 2026 by Samuel Kwame Boadu

Samuel Kwame Boadu

Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.

accrastreetjournal.com/