QUOTE(sjz @ Jul 17 2024, 08:51 AM)
for SPaylater
there is no charges incurred during payment time as well as you pay within due date.
but charges will incur for every transaction you choose to use them.
currently they are doing some promo, mostly 1 month is 0%, sometimes 3 mths or 6 mths 0%, depending on diff sellers / items .
do watch the SPayLater payment option, if there is no 0% indication,
means there are fee being charged but the total fee charged is not stated clearly there, a bit misleading if you ask me.
QUOTE(sjz @ Jul 17 2024, 09:28 AM)
i been using SPayLater strictly for only 0% trx, be it BNPL, 3 mth or 6 mths.
the longer the better with 0% fee. i only use when 0% fee.
no fees pay at all so far.
its a very nice tools and like free credit when we use it wisely
QUOTE(ClarenceT @ Jul 17 2024, 09:38 AM)
Actually I am not so interested in BNPL.
But Spaylater allow Amex / ShopeePay (non-transferable fund) for the time being until Seamoney Capital (or successor - new digital bank Maribank Malaysia) disallow it.
Also Spaylater give discount at some merchants eg Shopee, KFC, Petron etc.
A friendly reminder regarding BNPL 3 months and 6 Months 0% Installments.Although it is stated 0% in the payment page, but you might be charged for the processing fees if the order is not eligible, or the quota has run out.
I have provided the proof and did my complaints with Shopee but well...
Some screenshots from my communication with Shopee CS until I fainted.


The BNPL TnC is hidden somewhere on the SPayLater Promo page.

So only the 1 Month (PayLater), no Installments is the safest option.
I have been charged more than RM10 of the processing fees and even provided the screenshot and proof but end up they just said First Come First Serve.
It is really misleading but nothing much i can do because BNPL is not controlled by BNM also. I can't make any complaint on this.
Learned by lesson and i am not the only one encountered this, I have friends also gotten the same issue as well.
This post has been edited by dh13: Jul 18 2024, 02:37 AM