Fave launches BNPL service in Singapore, Malaysia

FavePay Later offers interest-free flexible payments on the Fave app.

FavePay Later offers interest-free flexible payments on the Fave app.

Fintech firm Fave is launching its buy now, pay later (BNPL) service in Singapore and Malaysia, an announcement read.

FavePay Later offers interest-free flexible payments on the Fave app. Eligible users willbe able to split purchases over three equal, interest-free installments. Repayments will beautomatically drawn every month, with no fees charged for on-time payments.

Customers can also earn up to 10% cashback with every purchase.

FavePay Later is available to pay at over 40,000 stores across Singapore and Malaysia,including Pandora, Marks & Spencer, Best Denki, Puma and GNC.

Fave will extend its BNPL service to some of the largest online commerce companies in Southeast Asia within the latter half of 2021, it said.

Fave

Singapore

Malaysia

buy now pay later

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