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[SPayLater] What is Early Repayment?

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SPayLater now offers the option for early repayment, allowing you to repay your upcoming bills in advance.


Benefits of early repayment

  • Clear your future bills in advance to avoid going overdue on your bills

  • Maintain a good repayment record, giving you a chance to increase your credit limit

  • Free up your credit limit earlier, which can be used for more checkouts


To pay my upcoming bills in advance, you can access the bills to pay by selecting the Pay Now button.


Go to SPayLater wallet > Pay Bill > select Upcoming Bill to see the future bills > select the month of the bill you want to pay > select Pay Now > choose Payment Method  > Pay in Full.


Early-Repayment-Upcoming-Bill.gif


⚠️ Note

Check My Bills for installment details and repayment status. 

·

If the bill is already paid but the billing cycle is still ongoing, installment details will still be in the ‘Unpaid’ tab. 

 

·

If the bill has been paid fully and the billing cycle has started, it will reflect in the ‘Paid’ tab. 

 


Check-My-Bills-Early-Repayment.gif


Once payment has been settled, users will be directed back to the SPayLater page. The credit limit shall automatically be restored after payment is recorded as successful.

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