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Explore the most suitable payment methods for you

May 14 2022

Are you looking for the most suitable payment method for your daily shopping? Everyone loves to shop. Sometimes we go out to buy only the necessities. But other times, we shop merely for the sake of shopping.

I believe that most of us consider it a self-love ritual. We overcome the resistance and do something for ourselves. Although in some cases, the hurdles are a bit too hard to overcome. These obstacles include the lack of finances.

Types of payment methods used in Singapore

In Singapore, there are tons of online payment methods you can get acquainted with and get your hands on. Listed below are some of the most used types of payment methods in Singapore:

  • Bank transfer
  • Credit/debit cards
  • Cash on delivery
  • Digital wallet
  • Buy now, pay later payment methods like Atome

Emerging BNPL payment methods in Singapore

BNPL payment methods definitely make life easier – there’s no doubt about that. There’s no shame in splitting your bills; it has a boatload of benefits, including financial freedom.

Essentially, BNPL payment modes bear an uncanny resemblance with payments via credit cards. Using these robust methods, you can fragmentize your bills into smaller, more manageable payments. Moreover, there’s no interest to lose your sleepover.

Compared to credit cards, BNPL payment methods offer you a simplistic procedure, and you don’t have to fill in excruciatingly long applications to avail of the heavenly services.

BNPL Payment Methods

Here’s the leading BNPL payment method that is widely used in Singapore.

Atome

Last but certainly not least – let us introduce you to Atome! If you’ve never heard of Atome before, have you ever been living your life to the fullest? Atome is truly a wholesome application of modern times that lets you split your bills from any of its 6,000+ merchants into three interest-free payments. It has become the leading BNPL brand that gains wide popularity among shoppers of all ages.

Presently, Atome has its operations in 10 markets all across Southeast Asia and allows its users to seamlessly plan and budget their finances. If you don’t feel like paying for all of your purchases right away, use Atome to slice your bills; you deserve it!

Highlights of “Buy Now Pay Later” Payment Method

If you relate to the obstacle shown above, you should probably try the buy now pay later payment method. The procedure is as the name suggests. You can make a purchase whenever you want and pay for it within a given period.

It is one of the best options especially when you are shopping online. They come with different terms and conditions. You must select the one you find most satisfactory.

Flexible Payments

It would be great if you could avail the option of paying the bill in installments. This method works in such a way that your payment is divided into small parts. You can choose to pay these portions on your preferred date within a given time.

With the help of flexible payments, you can now afford the things you could have never imagined. You no longer have to worry about having a lump sum or big funds to purchase what you want.

Security of Payments

The most crucial thing you have to keep in mind is that you are making a protected payment. It means that your bank account and payment information are kept safe.

It should have strict security policies. This way, you can protect yourself from getting scammed while making online purchases.

A good installment method also protects its merchants from any potential loss. One way many do it is they impose a fine on the customers if they fail to pay the installments on time.

What is Atome payment method?

Headquartered in Singapore, Atome offers its users the choice and convenience of more flexible payment options for a variety of products and services. The app allows shoppers to split their purchases over three interest-free monthly payments by scanning a partner retailer’s in-store QR code or upon website checkout.

Scan QR to download Atome app
Scan QR to download Atome app

By splitting their payments, Atome users will be able to better manage their budget while making higher-quality products more affordable. It partners with as many brands as possible to make them available to you.

Atome is international.

Atome started in Singapore in 2019. It also has its main office in this country. Since then, it has enjoyed great success and expanded rapidly. It is now available in many South Asian Countries. Their services are now available in 10 markets across Southeast Asia:

  • Singapore
  • Indonesia
  • Hong Kong
  • Malaysia
  • Mainland China
  • Taiwan
  • Philippines
  • Thailand
  • Japan
  • Vietnam

Another key feature of Atome is that it provides the option of paying locally as well as making global payments. For this reason, they have partnered with several international brands as well including SHEIN (click here for SHEIN reviews), Sephora, and ZALORA. Currently, over 6000+ merchants both online and offline work seamlessly with Atome to create a better shopping experience for all shoppers.

Sephora X Atome payment method

Atome offers BNPL.

By now, you must be well aware of the importance of having the Buy Now Pay Later or BNPL option. You will be pleased to know that Atome also offers its customers the option to make payments whenever they like.

When you choose Atome as the payment procedure, you get the opportunity to make the purchase without paying the full cost immediately.

Atome is Interest-free.

The way Atome works is that it divides your bill into three small parts. You just have to pay one-third at the checkout. You can pay the rest of the installments 30 days apart.

These installments are free of any interest. You no longer have to worry about paying the interest. It is also free of any hidden charges.

Atome is secure.

With Atome, you can rest assured that you are only making secure transactions. With this, you can safely shop online and in-store.

Apple payment method

Apple Payment Method or Apple Pay Later, like every other BNPL medium, allows you to flawlessly pay for your purchases in installments. If you want to buy Apple products with the Atome app, then you should try out the iStudio installment plan.

Also, now that you’re using the Apple payment method to pay for your haul, we suggest you head over to Switch and Machines to get the best devices at the best payment terms!

Cuckoo payment method

Cuckoo was founded in 2014, and today it serves one million households with its efficacious subscription model. Cuckoo is an affordable ownership program that allows you to determine the repayment method and amount that you’re comfortable with. Yes, that means you’re in charge here! Want a Cuckoo water dispenser? Act now to get one for a quality living style!

Conclusion

A better shopping experience derives from diverse products, a smooth payment gateway, and a sound customer service system. In terms of payment gateway, the BNPL policy like the Atome payment method works the best. No interest rate, 3 easy payments, no hidden fees! That’s your call!

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