A lot of online companies have started offering “buy now, pay later” services to help Filipinos keep up on hard times. One of them is the leading e-commerce website Shopee with its SPayLater feature.

You might be wondering what is Shopee SPayLater? Essentially, its a feature where qualified Shopee users can loan the payment for their Shopee purchases. Here are all the things you should know and learn from the installment service.

What are the interest rates for Shopee SPayLater?

Shopee is imposing 1% to 5% per month interest on the total order. The rate will vary depending on the user’s personal credit profile.


Is there an interest for late payments?

Yes. Shopee is imposing 2.5% to 5% interest for late payments. This monthly rate will be added to the outstanding amount.

Is there a processing fee for SPayLater?

Depending on the transaction, Shopee charges 0% to 2% of the total amount as a processing fee.

Am I eligible to use SPayLater?

To be eligible for Shopee’s SPayLater feature, you should be at least 21 years old and have a valid government ID.

What are the requirements for SPayLater?

First, you should be 21 years old or older. Second, you should have at least one of these government IDs:

  • Driver’s License
  • UMID
  • Passport
  • Postal ID
  • PRC ID
  • National ID

How to activate Shopee SPayLater?

Step 1: Open the Shopee app and tap the “Me” button on the bottom right corner.


Step 2: Tap “SPayLater” then, tap “Activate Now”.


Step 3: Type the 6-digit verification code sent via SMS.


Step 4: Choose the government ID you want to submit (you can check the list of valid IDs above). Then, tap “Upload your ID” and take a picture of your ID.


Step 5: Make sure the image is clear for faster approval. If not, you can “Retake” the image. You should also confirm if the details listed (ID number, first name, etc.) are correct.


Step 6: Key in all the other required details (Place of birth, occupation, etc).


Step 7: It will ask you to take a selfie. Once done, wait for the verification process to be completed. Once clear, you’re done.


How can I pay using SPayLater?

Upon checkout, simply choose SPayLater in the mode of payments. Here you can choose the terms: Buy Now Pay Later (you pay the full amount on the next due date), installment for 3 months, 6 months, or 12 months — each with the monthly fee listed next to them.


How much can I loan from SPayLater?

Shopee offers up to Php50,000 credit limit for its SPayLater service. However, your limit will depend on your account history.

How to increase Shopee SPayLater limit?

Just like most credit and loan services, Shopee will increase your SPayLayer credit limit if you have a good payment history. So to increase your limit, make sure to keep using SPayLater and pay your bills on time.

Where can I pay for Shopee SPayLater?

Payment Centers / e-Wallet

  • GCash
  • Cliqq (7-Eleven)
  • SM Bills Payment
  • Cebuanna Lhuillier Bills Payment
  • M Lhuillier
  • ECpay
  • Palawan Pawnshop
  • RD Pawnshop
  • Robinsons Department Store

Online Payment

  • BPI Express Online/Mobile (via Fund Transfer)
  • RCBC AccessOne
  • Unionbank Internet Banking
  • Landbank ATM Online
  • Metrobankdirect
  • PNB Online (Bills Payment)
  • UCPB Connect
  • Chinabank Online Bills Payment
  • Robinsons Bank Online Banking Bills Payment


  • Metrobank OTC Bills Payment
  • EastWell Bank OTC
  • Chinabank OTC Bills Payment
  • RCBC OTC Bills payment
  • Banco de Oro ATM
  • PNB OTC Bills Payment
  • AUB online/OTC Bills Payment
  • Unionbank OTC Bills Payment
  • Landbank OTC Bills Payment
  • UCPB Bills Payment
  • Security Bank OTC

How to pay SPayLater using GCash?

Step 1: Open the Shopee app > tap “Me” at the bottom left > tap “SPayLater”.


Step 2: Tap “Pay Now”.


Step 3: In the payment method choose “GCash” > Type your email address then tap “Pay”.


Step 4: You’d be directed to the GCash website where it will ask for the one-time password sent via email and your GCash password. Once provided, you’re pretty much done.


That’s everything you should know and learn about the Shopee SPayLater service. Comment below if you have further questions and someone from the team or community will be happy to help you out.

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