This post has been updated, and all information is accurate as of 6th August 2022.
Many of our customers have been requesting for no interest installment plans – we hear you, and we are glad to announce that we now have LatitudePay (previously OctiFi), PayLater by Grab, Shopback (previously hoolah) and pace now up on our website! A sample breakdown of our latest 48V Eco Drive 2.0 with all our installment options can be found below.
As seen in the graphic above, LatitudePay is a 0% interest repayment scheme, with a low admin fee applied on each purchase. Approval can be given immediately upon application. Monthly repayments may be made through debit card or credit card. LatitudePay requires customers to download a mobile application to proceed with the installment application. To pay for our products using LatitudePay, do contact us at 87526499.
PayLater, on the other hand, is offered by Grab, a familiar face in Singapore’s payment landscape. Having GrabPay on board also means that you can make payment through PayLater, your Grab points, or your GrabPay wallet! The use of GrabPay would require you to have an existing GrabPay account, and it needs to be linked to either a debit or credit card. To pay for our products using PayLater, simply select the PayLater option upon checkout.
One of the newer additions to our 0% interest installment plan is Shopback, previously known as hoolah, which offers an instant approval on $1200 spending limit. Similar to LatitudePay, hoolah allows you to split your payments over 3 months. Payment is made through any approved debit or credit card. For purchases above $1200, you will have to top up the difference in cash. To pay for our products using Shopback, simply select the Shopback option upon checkout.
The latest installment plan added to our site is pace, another payment option that allows you to split your purchases over 3 months at 0% interest and no admin fee. Just like Shopback, payment is made through debit or credit card. Payment limit To pay for our products using pace, simply select the pace option upon checkout.
Convertt remains available as a payment option for those who prefer longer repayment terms, as it offers 6 and 9 month repayment terms for our customers. The interest rate would vary depending on the selected repayment term. Convertt only requires customers to create an account with them as part of the application process, and takes up to 1-3 working days for approval to be given. Monthly repayments may be made through bank transfer, debit card, or credit card. To pay for our products using Convertt, do take a look at our step-by-step guide.
Our latest two additions will definitely make our products more affordable and accessible. Feel free to contact us if you require more advice on which payment plan would be most suitable for you.