About SPayLater
Buy Now Pay Later
SPayLater is a payment service that allows you to consolidate your purchases on Shopee on a monthly basis. You can make a one-off payment on the consolidated outstanding amount at the end of each month.
You also have the option to spread out your repayment to 2 months, 3 months, 6 months or 12 months with a small processing fee of 1.25% on the order amount per month.
How Can Use SPayLater
How To Activate SPayLater
Step 1
On the Me tab, select SPayLater
Step 2
Click Active Now
Step 3
Enter the One-Time Password (OTP) sent to your mobile phone
Step 4
Upload a photo of your MyKad or MYPR and input the additional info required
Step 5
Undergo the facial verification process
Step 6
Congratulations! You have successfully activated your SPayLater account!
How To Pay Through SPayLater
Step 1
Upon checkout, select "SPayLater" as your payment option
Step 2
Select your preferred plan. Monthly repayment amounts include all fees, where applicable, according to your selected plan
12 Months Instalment is only applicable to selected users
Step 3
Input your ShopeePay PIN
Step 4
Receive payment confirmation
How To Pay Your SPayLater Bill
Step 1
On the SPayLater homepage, select "Pay Now"
Step 2
Under "My Bills", you can view your unpaid and paid bills by month
Step 3
View your current bill and select your payment method
Step 4
Input your ShopeePay PIN
Step 5
Receive successful repayment confirmation
Where You Can Use SPayLater
On Shopee Platform
- Minimum RM15 checkout amount
- Selected sellers and products
Store's Checkout
- Minimum RM1 checkout amount
- Selected merchants
When Should You Pay Your SPayLater Bills
Your billing details will be reflected in the "My Bills" section of the SPayLater page. You Must settle your outstanding bill no later than the payment schedule you have choose.
Your SPayLater billing details will include your completed orders and refunded orders from the 1st till the last day of the previous month
SPayLater Payment Timeline
SPayLater Payment Schedule
| OPTION 1 | OPTION 2* | ||
|---|---|---|---|
| BILLING DATE | DUE DATE | BILLING DATE | DUE DATE |
| FEB 1 | FEB 10 | FEB 21 | MAR 1 |
| MAR 1 | MAR 10 | MAR 21 | APR 1 |
| APR 1 | APR 10 | APR 21 | MAY 1 |
| MAY 1 | MAY 10 | MAY 21 | JUN 1 |
| JUN 1 | JUN 10 | JUN 21 | JUL 1 |
| JUL 1 | JUL 10 | JUL 21 | AUG 1 |
| AUG 1 | AUG 10 | AUG 21 | SEP 1 |
| SEP 1 | SEP 10 | SEP 21 | OCT 1 |
| OCT 1 | OCT 10 | OCT 21 | NOV 1 |
| NOV 1 | NOV 10 | NOV 21 | DEC 1 |
| DEC 1 | DEC 10 | DEC 21 | JAN 1 |
| JAN 1 | JAN 10 | JAN 21 | FEB 1 |
Fee Schedule
| SPAYLATER PAYMENT OPTION | PROCESSING FEE | LATER PAYMENT FEE |
|---|---|---|
| BuyNowPayLater (BNPL) | 0% | 1.5% monthly on overdue amount |
| 2 Months Instalment | 1.25% per month on order amount | |
| 3 Months Instalment | ||
| 6 Months Instalment | ||
| 12 Months Instalment (It's only applicable for selected users) |