Ghana: StarOil Launches “Fuel Now, Pay Later” Scheme To Ease Burden On Motorists

Ghana’s leading indigenous Oil Marketing Company (OMC), StarOil Ghana Limited, has introduced a new digital credit service that allows customers to fuel their vehicles and pay later.

The initiative, launched in partnership with Hubtel, is designed to ease short-term cash flow challenges for motorists while ensuring uninterrupted mobility.

Branded “Fuel Now, Pay Later”, the service enables customers to access fuel on credit at selected StarOil stations and settle the payment conveniently after work or within an agreed repayment period.

To use the service, customers must download the myCredit Score app from the App Store or Google Play, register, and verify their identity using their Ghana Card. They can then visit any participating StarOil station — Mallam Junction, Adenta SDA, Adenta Aviation, or North Industrial Area — to fuel on credit.

Currently, the service is available exclusively to MTN and Telecel subscribers, and customers are required to comply with the applicable terms and conditions set by the partners.

The initiative has caught the attention of Ghana’s former Vice President, Dr. Mahamudu Bawumia, who is widely regarded by many Ghanaians as “Mr. Digital.”

In a social media post, Dr. Bawumia congratulated StarOil Ghana and encouraged other companies to emulate the move.

“I congratulate StarOil Ghana Ltd and its bold and visionary CEO for launching their Fuel Now, Pay Later scheme today, which makes it possible for Ghanaians, especially drivers, to buy fuel on credit using their Ghanacard through the individualised credit scoring system.”

“When I launched this initiative last year, many sceptics did not see it as possible.

“A credit economy is so vital in making life a lot less stressful for many people in advanced economies.

“Thankfully, in Ghana, we have put in place the critical foundational pillars to underpin an efficient credit economy using the Ghanacard as an anchor, and supported by pillars such as the digital address system, our interoperable mobile money payment system, and the individualised credit scoring system.

“I look forward to other OMCs (Oil Marketing Companies) and businesses embracing the individualised credit scoring system to give Ghanaian workers the much-needed option of buying goods and services on credit and paying for them with ease through their Ghanacard and credit score, as Star Oil Ghana has done,” Dr Bawumia said on Facebook.