Who is eligible for SPayLater?

SPayLater Eligibility in Malaysia: Understanding the Criteria

SPayLater, a popular instalment payment platform in Malaysia, offers a convenient way to manage purchases. However, not everyone is eligible. Understanding the criteria ensures a smooth application process.

To be eligible for SPayLater, applicants must meet specific requirements. Primarily, they must be Malaysian citizens or permanent residents. This ensures that the platform caters to the local population and supports responsible financial management within the country.

Age is another crucial factor. Individuals between the ages of 18 and 65 are eligible to use SPayLater. This age range aligns with common lending practices and reflects the platform’s focus on responsible credit management.

Finally, applicants need to possess a valid form of identification. This includes the MyKad (Malaysian Identity Card), MyPR (Permanent Resident Card), or MyTentera (Military Identification Card). This crucial verification step safeguards against fraudulent activities and ensures accurate identification of eligible users.

In summary, SPayLater eligibility is strictly defined to maintain a safe and responsible platform for Malaysian citizens and permanent residents. Meeting these criteria ensures a smooth onboarding process and a successful experience when using the SPayLater instalment payment option.