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Aug 1, 2023 · With the Pace Merchant app, you can now create transactions via QR codes or payment links, and manage your account wherever you are.
- Business
- Pace Enterprise
- What Does Buy Now Pay Later Mean?
- Overview of Buy Now Pay Later Services in Singapore
- Atome Review
- Grab Pay Later Review
- ShopBack Review
- Latitudepay SG (Former Octifi) Review
- Pace Review
- Payslowslow
- Buy Now Pay Later vs Credit Card
- Is Buy Now Pay Later good?
The idea of splitting an expensive purchase into multiple instalments isn’t new. Credit cards have been offering this for the longest time via their 0% interest instalment plans. With credit cards, banks conventionally charge a one-time processing fee ranging from 3 to 5%, depending on the value of your transaction. They also charge an early paymen...
What websites allow you to Buy Now and Pay Later in Singapore? Here’s a quick list of common BNPL services you might come across while shopping. You may not have the chance to compare and choose your preferred Buy Now Pay Later service if the online store you’re buying from is only working with one provider. Still, it’s good to know what you’re sig...
Atome is one of the more aggressive BNPL providers in Singapore, and has a presence both online and in-store. For in-store purchases, you need to scan and pay via QR code. Do note that the entire process occurs on your phone, which might be quite troublesome to some. To entice you to shop more, Atome’s app has some online shopping vouchers which ma...
Grab PayLateris integrated with the Grab mobile app, and is only available for online purchases. You’ll have to be an existing Grab user to activate the Grab Pay Later function. To activate Grab Pay Later, open your Grab mobile app. From the bottom menu bar, select “Finance”, followed by “PayLater”. You’ll be prompted to click “Activate”. Choose yo...
Hoolah was rebranded as ShopBack following their acquisition by the latter in November 2021. Back in their heyday, Hoolah was probably one of the most well-known Buy Now Pay Later providers in Singapore, being the second such service to launch here in 2017, after Rely which launched in 2016. Its biggest draw was and still is its comprehensive and u...
OctiFi was a Singapore-based company that launched their Buy Now Pay Later service in 2020 in Singapore. A year later in 2021, an Australian company, Latitude Financial, acquired it and dropped the OctiFi branding in favour of their own LatitudePay brand identity, already present in Australia at the time. Reviews: At this juncture, there are close ...
Pace’s design is clearly meant to attract millennials — probably the most broke generation to have ever existed in the history of corporate capitalism. Pace’s late payment fee structure is both confusing and scary. Not only will you be charged a late payment fee, the fee increases along with the size of the purchase as well as the tardiness of your...
Payslowslow is one of the less annoying BNPL services to use because you don’t need to download yet another hardly-used app to your phone. You can just pay using a link or QR code. You might notice that as compared to the aforementioned providers, there aren’t that many partner merchants on Payslowslow’s list. However, there are some more unusual p...
For comparison’s sake, let’s also check out the more popular banks and credit cards’ 0% interest instalment plans: Compared to Buy Now Pay Later companies, it seems like a bad idea to opt for credit cards’ 0% interest instalment plans because not only do they tack on processing fees, they also penalise you for repaying early. According to DBS’ Chat...
The reasons for opting for Buy Now Pay Later services or 0% instalment plans may vary depending on the person, but it’s widely agreed that increased cash flow is one of them. For example, let’s say you need a PC monitor or decent office chairfor your WFH setup but don’t have that much cash right now. You could probably save up for it in 3 months, b...
Mar 7, 2022 · Indonesia-born, Singapore-based businessman Turochas Fuad and his year-old company Pace, a “buy now pay later” (BNPL) fintech firm, is rapidly expanding across Asia, giving consumers and...
Links are for merchants. More help: merchants@pacenow.co. Download Pace Apps (iOS or Android) 1. Pace Merchant App
Apr 6, 2022 · Find more Pace Card Merchants here. Unlock the ‘Power of 3’ today Pace lets you split your payments into 3 instalments, freeing up cash for savings, investments and day-to-day life.
- Joanne Poh
Apr 5, 2022 · Pace users can currently only use the card to make payment for online purchases with Pace’s merchants, but will soon be able to use it for in-store payments as well. Pace’s growing list of merchants includes Razer, Dreamcore, Robinsons, Charles & Keith, and Pedro.
Apr 5, 2022 · Fintech Pace has launched its first-ever virtual Pace Card, designed for buy now, pay later payments in Asia. Now available in Singapore, consumers will be able to use the card for their online purchases with Pace merchants. Pace said that they plan to roll out in-store payments as well in the near future. The card can be activated instantly ...
