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You can now split your 1-month SPayLater transaction into instalments after checkout.
Eligibility Period:
You may request to split your 1-month SPayLater repayment any time from the date of checkout up until the order is marked as completed - which occurs when you click “Order Received’ or when the system automatically marks the order as completed, between 3 to 7 days after delivery of your purchase.
A processing fee of 1.5% per month will apply, depending on the selected instalment plan.
Applicable only for purchases made on the Shopee Marketplace.
The instalment plan’s billing date will follow your usual SPayLater billing cycle.
Here’s the processing fee applicable for instalment plans:
Before Split Tenure | Processing Fees | After Split Tenure | Processing Fees |
1 month (Buy Now Pay Later) | 0% | 3-month | 1.5% * 3 = 4.5% |
6-month | 1.5% * 6 = 9% | ||
12-month | 1.5% * 12 = 18% | ||
18-month | 1.5% * 18 = 27% | ||
24-month | 1.5% * 24 = 36% |
⚠️ Note:
Only 1-month SPayLater transactions can be split into instalments.
Step 1: On SPayLater homepage, go to Split Into Instalment section, click on Check Now
Step 2: Select the transaction(s) to be split and click Confirm
Step 3: Select the desired instalment tenure, then check the total amount and the new monthly instalment
Step 4: Click Confirm cancel and repurchase
Step 1: On the SPayLater homepage, click Transaction
Step 2: Select the Transaction to view details
Step 3: Check the transaction details
SPayLater Cancelled Transaction
SPayLater Repurchased Transaction
SPayLater is a service provided by Monee Capital Malaysia Sdn Bhd (formerly known as SeaMoney Capital Malaysia Sdn Bhd).