3 Best Buy Now, Pay Later Services in Singapore (2026)
Compare buy now, pay later services in Singapore that state they follow the local BNPL Code of Conduct, with what each offers and how to check terms first.
- Edited by
- Amir Wahab
- Published
- Reading time
- 3 min read
AI image by LocalRankBuy now, pay later lets shoppers split a purchase into scheduled repayments instead of paying everything at checkout. In Singapore these services are not a licence class of their own, so this page applies a stricter filter: each provider listed says on its own site that it follows the industry BNPL Code of Conduct run by the Singapore FinTech Association, or is operated by an entity that states it holds a payment licence. We leave out fees, limits, instalment plans and campaigns because they change often and belong on the provider's own pages. The order is editorial grouping, not a ranking, and this is a directory rather than personal advice.
1. Atome
Atome is a buy now, pay later service run in Singapore by Apaylater Financials Pte. Ltd. Its site describes the model as splitting a purchase into interest-free instalments at online and in-store retailers, and says shoppers need to use its mobile app. On its Singapore BNPL code page, Atome states that it is compliant with the BNPL Standards and displays the trustmark, and says the operating company is licensed as a Major Payment Institution under the Payment Services Act. The Singapore FinTech Association's public registry also lists the operator as an accredited provider. Check the current repayment schedule, late-payment charges and eligibility rules in the app and terms of service before choosing it at checkout.
2. PayLater by Grab
PayLater by Grab is the deferred-payment option inside the Grab ecosystem, offered by GFin Services (S) Pte. Ltd. Its product page describes it as a buy now, pay later service for Grab rides, food delivery and shopping, as well as online retailers and partner merchants offline. The page states that the operator is an Accredited BNPL Provider under the Singapore BNPL Code of Conduct, and also says plainly that the service is not regulated by the Monetary Authority of Singapore and is not a loan, credit card or charge card. Grab's page says personal spending limits depend on how a user has used the service. Read the current terms and fee schedule on Grab's own pages first.
3. SPayLater (Shopee)
SPayLater is the pay-later payment option on Shopee Singapore, provided by Monee (Credit) Singapore Private Limited. According to Shopee's help centre, it lets users check out without paying upfront, with repayment spread over a chosen instalment period that begins after the order is received, and it can also be used at selected ShopeePay merchants in store. Shopee's help page states that the provider is an accredited BNPL provider following the BNPL Code of Conduct published by the Singapore FinTech Association, and the association's registry lists it too. The help centre also notes that interest may apply on some options, while some merchants and sellers offer zero-percent plans. Review the plan terms shown at checkout and in the app before confirming.
How to choose
- Check accreditation yourself. Look for the Singapore FinTech Association trustmark on the provider's site, then cross-check the association's public registry of accredited BNPL providers. Remember that BNPL is an industry code rather than a MAS licence class, so providers such as Grab say plainly that the service is not regulated by MAS.
- Read the repayment terms before you tap confirm. Find out when each instalment falls due, how the schedule changes if you return an item or a merchant cancels, and whether the plan has any processing charge. Terms vary by provider, merchant and plan, so use the figures displayed at checkout rather than assumptions.
- Understand the late-fee structure. Look for how missed payments are charged, whether charges can build up, whether your account is suspended or restricted, and how to reach support early if a payment will be late. The BNPL code describes hardship assistance, so ask the provider what options exist and how to request them.
- Ask how your repayment record is used. Providers may report or share information about your outstanding balances with credit bureaus, and that can affect later borrowing. Read the privacy policy and terms to see what is shared, and check your own credit report if you are about to apply for a loan.
- Budget as if every instalment were a debt. Several small purchases across different apps can add up unnoticed, so keep a running list of what you owe and when. Decide in advance what you can afford from your regular income, and use the voluntary exclusion option the code describes if pay-later spending becomes hard to control.
. No changes recorded since.
Founder and Editor
Amir Wahab is the founder and editor of LocalRank, an independent Singapore rankings and local guides publication.
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