Why do I need to create a new card?
Each time you use Pay Later, a new virtual card is created just for that purchase. Once you’ve made the transaction, that card can’t be used again.
This makes sure your Pay Later balance only goes toward one purchase, keeping things clear, secure, and easy to track.
Is there a minimum purchase?
Yes, your purchase needs to be at least $35.
Will Pay Later affect my credit score?
Pay Later doesn’t impact your credit score and no credit checks are needed to sign up .
How are repayments structured?
Your Pay Later balance is split into 4 equal payments, starting with the first instalment taken at the time of purchase.
To give you a bit more breathing room, your second instalment will only be scheduled for a payday that falls at least 18 days after your purchase. The remaining two repayments will fall in line with your paydays.
If you chose autopay when creating your card, these installments will be collected automatically on your paydays. Otherwise, you’ll just need to make manual repayments on or by their due dates.
Before you get started, please make sure your payday details are up to date.
What if I miss a payment?
If a payment fails or is missed, you’ll have 24hrs to repay. Autopay users will have their card retried after 24hrs and again after 48hrs. Manual payers can make payment anytime during this window. Pay Later will be frozen if payment isn’t made after 24hrs, and a $7 late fee will be added if it still isn’t paid after 48hrs.
Are there any transaction fees on Pay Later purchases?
Yes, there’s a 5% transaction fee on each Pay Later loan, capped at $7.50.
Pay Later is currently available to select eligible users only.