SPayLater(ShopeePayLater)
BNPLShariah-compliant Buy Now Pay Later, built into Shopee
Integrate·Add it at checkout through its merchant integration, or via a gateway that bundles it.
Not ranked
rates not fully published
- FPX
- —
- Card
- —
- Setup
- RM0
- Settlement
- Paid in full on order completion
On request
No comparable published rates
| FPX (online banking) | — |
|---|---|
| Card (local credit/debit) | — |
| E-wallet | — |
| DuitNow QR | — |
| BNPL | 4.5% (5% for 3-mo plans) |
| Setup fee | RM0 |
| Monthly / annual fee | RM0 |
| Minimum transaction | — |
| Settlement | Paid in full on order completion |
Plans
Standard
All sellers
- Transaction fee (3-month instalment)
- 5% before SST (from 1 Feb 2026)
- Transaction fee (other tenures)
- 4.5% before SST
Special SPayLater Programme
Selected sellers, opt-in via Seller Centre
- Programme fee (3-month)
- 0% (from 6 May 2026)
- Programme fee (6-month)
- 3%
- On top of
- 4.5% transaction fee, before 8% SST
SPayLater 6M+12M Programme
Invitation only, selected sellers with a Relationship or Key Account Manager (from 23 May 2026)
- Programme fee (6-month)
- 3%
- Programme fee (12-month)
- 3%
- On top of
- 4.5% transaction fee, before 8% SST
- Billing
- Programme fee invoiced at month end, deducted from Seller Balance
SPayLater is Shopee’s Shariah-compliant Buy Now, Pay Later option, built directly into the Shopee marketplace. Shoppers can choose Pay Next Month (1 month, interest-free) or instalments of 3 to 48 months, with a buyer processing fee of about 1.5%/month (0% for up to 6 months under the Special SPayLater Programme).
For sellers, the merchant fee is publicly published and structured as a flat SPayLater transaction fee deducted on completed orders: 4.5% before SST across tenures, rising to 5% for 3-month instalments from 1 February 2026, plus 8% SST on top. There is no setup or monthly fee on the marketplace, and the seller receives the sales amount in full regardless of the buyer’s tenure.
On the Shopee marketplace, SPayLater is auto-enabled with zero integration (no-code). For external or in-store merchants, SPayLater is accepted through payment gateways that offer no-code plugins and APIs, but in that channel the per-transaction rate is quoted on request rather than published.
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