Shopping in Singapore? Check Out These Amazing BNPL Apps that are Revolutionizing Retail Financing

These platforms are transforming the way Singaporeans shop and manage their finances.

In recent years, the concept of "Buy Now Pay Later" (BNPL) has gained significant traction among consumers worldwide. Singapore, known for its tech-savvy population, is no exception. With the rise of e-commerce and the desire for flexible payment options, several innovative BNPL apps have emerged in Lion City. In this article, we will explore the top five BNPL apps in Singapore: Atome, FavPay Later, PaySlowSlow, Shopback Paylater, and Pace.


Atome: Atome is a popular BNPL app in Singapore, providing consumers with the flexibility to make purchases and spread payments over time. Headquartered in Singapore it is one of the most popular BNPL apps in Asia with over 5000 brands under its belt. With Atome, users can shop at partnered online and offline retailers and choose to repay their purchases in 3 monthly installments with no interest. The app also offers a seamless checkout experience and transparent pricing, making it an attractive option for those seeking budget-friendly payment solutions.

FavPay Later: FavPay Later is another prominent BNPL app that caters to the needs of Singaporean consumers. The app is associated with more than 40,000 merchants. Through this app, users can make purchases at participating merchants and enjoy the convenience of interest-free installment plans. FavPay Later allows for easy tracking of payment schedules and offers users the flexibility to repay their purchases over several months. The app's integration with the FavPay mobile payment platform makes it a comprehensive solution for retail financing.

PaySlowSlow: PaySlowSlow is gaining popularity among Singaporeans due to its unique approach to BNPL services. Instead of paying through an app, you'll either use a specially generated link or a unique QR code to make payments. The app allows users to "save as they spend" by setting aside a portion of each transaction as savings. This feature promotes responsible spending habits while still offering the flexibility of installment payments. PaySlowSlow also provides personalized recommendations based on users' spending patterns, helping them achieve their financial goals more effectively.

ShopBack Paylater: Shopback Paylater, offered by the renowned cashback platform Shopback, combines the benefits of cashback and BNPL services. For those who are looking to book holiday activities and flights, they can check out the travel merchants on ShopBack. Users can make purchases through the Shopback app and choose to pay in installments. With each transaction, they also earn cashback, providing an added incentive for using the app. Shopback Paylater partners with a wide range of merchants, making it a versatile option for those looking to enjoy cashback rewards while managing their payments conveniently.

Pace: Pace is an innovative BNPL app that focuses on providing a seamless experience for consumers. With Pace, users can create virtual cards linked to their existing credit or debit cards, enabling them to make BNPL purchases at any merchant that accepts card payments. The app also offers personalized budgeting tools, transaction categorization, and automated reminders for upcoming payments. With its user-friendly interface and comprehensive features, Pace is gaining popularity among Singaporeans seeking simplicity and convenience.

The emergence of BNPL apps in Singapore has revolutionized the retail financing landscape, offering consumers greater flexibility and control over their purchases. AtHome, FavPay Later, PaySlowSlow, Shopback Paylater, and Pace are five prominent apps transforming the way Singaporeans shop and manage their finances. With their diverse features, competitive offerings, and commitment to user convenience, these platforms have firmly established themselves as key players in the BNPL industry. As the demand for flexible payment solutions continues to grow, these apps are poised to shape the future of retail financing in Singapore.