To Activate SPayLater is a big deal for our buyers. Because of our limited resources to buy the things we want, Shopee SPayLater has become the answer to our problems in buying the products we want.

It provides an opportunity to buy things that no longer require a credit card. SPayLater can compare to Home Credit’s business strategy where it can purchase and pay for products later. In other words, buy the product today and pay for it next month to have a chance of accumulating enough money.

However, just like other “buy now, pay later” companies. It has a related interest in their lending.

Here are the processing fee and interest rate of Shopee SPaylater.

Processing Fee

Interest Rate

Late Payment Fee

0-2% of the total amount

1-5% per month on the entire order

The interest rate will be based on your credit profile


This monthly rate is applied to the outstanding amount

Who is Eligible for SpayLater (Shopee Pay Later)?

Activating SPayLater is for eligible Shopee customers. It will start when the ShopeePay account is verified. The activation and verification are necessary for every Shopee account holder and come up with additional features for account users.

10 Easy Process to Activate SpayLater (Shopee Pay Later)

These 10-steps will help better understand the complete process of activating the SPayLater. It requires a new Shopee account and has a past transaction. Follow this 10-proven guide to create a new Shopee account.


1. On Me Tab, select SPayLater

On the Shopee homepage, tap the “Me” menu and then the “SpayLater” menu and “Tap” it.


2. Tap the Activate Now

Read the SPayLater information to know how it works. Here will find the available credit limit on the account. It also shows what should know about its conditions and what is due, interest, credit limit, and billing date on each transaction. After reading all its requirements, “Tap” the “Activate Now.”


3. Receive Verification Code

Receive a text message containing a 6-Digit OTP (One-Time-Password) code on your mobile number. Enter the OTP (One-Time-Password) code into the Shopee account to verify the registration. After that, “Tap” the “Continue” button.


4. Select and Upload Valid ID

Under the “Activation” menu will show the “Select ID Type” that needs to be uploaded to Shopee’s system. In this sample, Driver’s License chooses as verification. 

Next is the uploading of the photos. Read or view the details about the photo instructions. Make sure that it is clear and correct to submit the valid ID. 

Avoid these instructions while uploading the valid ID for verification. If the valid ID is 

  • The valid ID is “Expired.”
  • The valid ID is “Blurry Image.”
  • “With Glare.”
  • “Dark.”

spaylater-valid-id-details5. Double-Check Valid ID Details

After uploading, double-check the valid ID details representing the verification, such as the ID number and the complete name.

List of the Valid IDs that can submit in SpayLater verification.

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


6. Enter all the Additional Information

“Additional Information” requires entering all personal details to complete the verification process.

The personal information contains the following:

  • Nationality
  • Date of Birth
  • Place of Birth
  • Employment
  • Company/Business Name
  • Emergency Contact (Full name, Phone Number, Relationship)

Once all the details are complete, “Check” the “Two Box” below for the “Terms & Condition” and “Privacy Policy.” Then “Tap” the “Next” button.


7. Undergo the Facial Verification Process

Proceed to “Facial Verification.” Ensure that the entire face is clear and visible inside the frame. Remove the glasses and accessories while doing this during the verification process to avoid the unsuccessful process of the facial screening. If the method succeeds, it will redirect to the following procedure.


8. The SpayLater Application is Under Review

Shopee will review the application and analyze all the personal information if the applicant qualifies within 24 hours.

The Shopee will notify thru the device or the registered email address if the applicant is qualified or not.


9. The SPayLater Application is Now Activated

If the user is qualified, the applicant will be activated and gain an available initial credit limit. 

The SPayLater will show under the “My Wallet” of the Shopee profile.


10. Assign the SPayLater Billing Due Date

It will suggest assigning the billing due date of the monthly pay bill. It is either every “5th” or “15th” of the month. “Tap” the “Confirm” button to proceed.

Once the billing due date is set, the SPayLater dashboard will show the available credit limit, amount to be paid, my bills, and the latest transaction.

When and What Day Should Pay the Bills of SPayLater?

Shopee provides a day of the billing payment as an option for the SPayLater. It depends on what day the Shopee users want to choose for their fee. Especially for its new users.

The two payment options are between the “5th” and “15th” days of the month. Shopee also gives more than a month to complete the payment to the loan.

The details of the SPayLater bill can be found under “My Bills,” including the unpaid and paid bills transactions. Therefore, Settling the bills three days before the due date is better to avoid interest on the account.

This is the SPayLater billing date and due date guide to avoid overdue in the account.

Jun 5 – Jul 4 Jul 5  Jul 15
Jul 5 – Aug 4 Aug 5 Aug 15
Aug 5 – Sept 4 Sept 5 Sept 15
Sept 5 – Oct 4 Oct 5 Oct 15
Oct 5 – Nov 4 Nov 5 Nov 15
Nov 5 – Dec 4 Dec 5 Dec 15
Dec 5 – Jan 4 Jan 5 Jan 15
Jan 5 – Feb 4 Feb 5 Feb 15
Feb 5 – Mar 4 Mar 5 Mar 15
Mar 5 – Apr 4 Apr 5 Apr 15
Apr 5 – May 4 May 5 May 15
May 5 – Jun 4 Jun 5 Jun 15

Final Thoughts

Shopee Pay Later was a big deal to our consumers, especially during the Covid-19 Pandemic, because Shopee was one of the ways we could buy the things we need in life. With the lack of money, It has become a big thing where we can purchase the products we need and pay for the next month.

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