How much is Shopee Paylater's monthly fine? Check Here
Shopee Paylater Monthly fine now has a calculation for late payments. Shope has an installment program without using a credit card and is called Shope PayLater.
This one program will allow online shop users to get a number of credit limits so they can purchase products in the account.
Maybe you are not so familiar with this one program. It turns out that the installment program without a credit card is almost the same as the one that has been implemented by the Gojek Indonesia application.
This credit limit will be deducted automatically when you make purchases in the application. The limit will return to normal if you have paid a number of bills in Shopee PayLater.
Monthly Shopee PayLater Fines
If the user has not paid a number of bills from Shopee PayLater, a fine will be imposed. The amount of the fine that has been determined by the online shop is also not small. Therefore, it is mandatory for users to pay installments on time.
Shopee PayLater has provided an installment program starting from one month to 12 months. For the smallest interest calculation around 2.95 percent.
In addition, there is a handling fee of 1 percent of the total selling value of goods each time you make a transaction in the account.
The interest rate charged to users is not too large. However, the late payment penalty from the Shopee PayLater bill is quite large.
As for the calculation of the fine imposed is 5 percent of the total user bill. For example, you have a bill amounting to 60 thousand rupiah, then the fine that must be paid when you are late is around Rp. 3,000.
If you have such a large number of bills, of course the fines that must be paid will be even greater according to the total bill.
Therefore, make sure to pay this bill before the due date that has been determined by Shoppe PayLater.
Read also:
Shoppe PayLater Due Date
As a form of anticipation of paying a monthly Shopee PayLater fine, of course, you must know the due date that has been determined. This Shoppe PayLater bill will appear every 25th to 1st of every month.
However, Shoppe has given its users the freedom to pay bills before the billing date appears.
Meanwhile, the maturity date is around the 5th to the 11th of every month. Make sure you have paid the bill before it reaches its due date. If you are late, you have to pay a predetermined fine.
Besides users getting fines, late payment of Shopee PayLater bills can also cause your account to be banned and your name will be added to the BI Checking blacklist.
