Jakarta, CNBC Indonesia – Banking is starting to expand into Buy Now Pay Later or BNPL financial products. Mandiri and BCA have announced this product in their services.
Previously, Mandiri announced that it had a limit of up to IDR 20 million without admin fees every month. The bank also provides an interest-free installment program.
The Livin Mandiri application process is also quite fast and simple. In its statement, Mandiri explained that it only took five minutes for selected customers to register themselves.
Users can use this feature at millions of Qris merchants and dozens of partners. This also includes paying bills with the help of the auto debit system feature which deducts the balance in the Livin Pay Paylater account.
Mandiri Paylater Activation
To activate Pay Later at Livin Mandiri, here's how:
1. Receive paylater notifications
2. Select Paylater then Activate Now via the home page
3. Or see the offers in the promo menu, select View Offers
4. Select Apply Now
5. Read the terms and conditions then select I Agree
6. Fill in your personal data then select Continue
7. Fill in the Job Data then select Continue
8. Fill in the data for families not living together, then select Continue
9. Select Payment Account then select Continue
10. Confirm the data then select Send Submission Data
11. Face Verification then select Take Selfie
12. Enter your Livin' PIN
13. Livin' Paylater applications are being processed
14. Notification of Livin' Paylater application Approved
15. Livin' Paylater Submission Approved
How to Use Mandiri Paylater
1. Select QR Pay then scan QRIS Merchant
2. Select Livin' Paylater Fund Source then select Set Tenor
3. Set the Tenor then select Continue
4. Confirm the transaction then select Continue Payment
5. Enter your Livin' PIN
6. Payment Successful
Paylater BCA
BCA has also announced the presence of the Paylater product on September 30 2023. The product is expected to be a customer solution for practical and comfortable transactions.
“Yes, Paylater BCA is here as a solution for all of you who want a more practical, safe and comfortable transaction experience,” said BCA on its official website.
Customers can also directly apply for Paylater registration directly on myBCA. Those who want to use it must have a BCA ID first.
Here's how to register and make transactions at myBCA:
Registration
1. Log in to myBCA, select the Paylater menu
2. Read the Product Info then click Activate
3. Input e-KTP photo
4. Confirm e-KTP & NIK
5. Input Signature photo
6. Complete other information
7. Confirm by clicking Activate
8. Enter PIN
9. Activation applications are processed max. 24 hours
How to Control Paylater on myBCA
1. After registering and activating and the Paylater BCA payment method is active, you can also deactivate it in this way:
2. Go to the My Account menu, select Account Control and click Paylater Status Change. Slide the button until it turns gray
3. Confirm by checking the terms & conditions
4. Enter the Transaction PIN
5. The BCA Paylater payment method has been successfully deactivated
How to make Paylater transactions on myBCA
1. . Log in to myBCA, select the QRIS menu
2. Scan QRIS from the merchant
3. Select Fund Source, then click Paylater
4. Enter the nominal amount and select the payment tenor
5. Confirm transaction
6. Enter PIN
7. Transaction successful
[Gambas:Video CNBC]
(npb/npb)