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Ecommerce

Wirecard to offer instalment payment service to Shopee users in Singapore

Wednesday 3 July 2019 | 11:35 AM CET

Wirecard has announced it is set to launch an instalment payment plan (IPP) on ecommerce platform Shopee for customers in Singapore.

Shopee's product categories range from consumer electronics to home & living, health & beauty, baby & toys, fashion and fitness equipment. The IPP will be rolled out to selected Shopee sellers in Singapore, who will receive full settlement upon order completion.

The new feature enables customers in Singapore to pay for big-ticket items on Shopee and is available to all users who hold a credit card from any of the three local banks. Shopee users can choose to pay for purchases in fixed monthly payments over periods of 6 or 12 months.

Shopee will run a campaign locally called 7.7 on 7 July 2019, where users can look forward to exclusive deals and promotions. In line with the campaign, Shopee will be rolling out the IPP solution to selected retailers.

Earlier in 2019, Wirecard has announced it is launching boon Planet – an ecosystem of mobile payment and banking services. For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

More: Link
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