Managing mid-month expenses: Digital instalment services increasingly popular

Jakarta (ANTARA) - Entering the middle of the month, some members of the public are starting to curb their spending and become more selective in their transactions to ensure needs are met without disrupting their financial condition.

ShopeePay application states that one alternative users can utilise is the digital instalment service through the SPayLater feature available in its app, including for online and offline transactions at partnered merchants.

ShopeePay Indonesia President Director Eka Nilam Dari said that the company observes users tend to be more cautious in managing cash flow in the middle of the month, thus requiring payment options that can assist in planning expenses.

ShopeePay’s SPayLater offers an interest-free instalment scheme for certain tenors and can be used at a number of daily needs merchants, including minimarkets, and lifestyle category merchants.

In addition, the application also announces periodic discount programmes and transaction point accumulation that can be redeemed for rewards according to applicable terms.

ShopeePay application adds that the service can be used by selecting the SPayLater payment method when making transactions via QRIS at available merchants in the application.

The company advises the public to ensure promotion information is obtained from official channels and to be cautious of links or offers claiming to be from ShopeePay outside official channels.