SPayLater is Shopee’s buy-now-pay-later payment option that provides you with extra spending power on Shopee. You can make a purchase immediately and pay for it on a monthly basis.
You have the option to spread out your repayment to 1 month, 2 months, or 3 months, with no additional fees.
For further flexibility, selected SPayLater users may have the option to spread out repayment to 6 or 12 months with applicable processing fees of 5% and 7% respectively.
In the event that you are unable to make your repayment, a late fee of $5 will be charged for each overdue SPayLater bill.
You can access your SPayLater by going to the Me tab > click on My SPayLater.
Learn more about activating SPayLater and where you can use SPayLater.