It used to be that the only way to get a Lazada installment plan is through a credit card. This is good and all – credit cards provide ease and convenience to its users anyway! But we have to admit that not everyone can apply and get approved for a credit card. Are there other alternatives?
BillEase is one of Lazada’s newest online partner which helps provide Lazada customers the option to shop now and pay at a later time. With BillEase’s convenient, low-interest installment plan, even big-ticket Lazada items such as smartphones, laptops, furniture, or appliances are made more accessible.
And the best part? Our services do not require a credit card!
But how exactly does BillEase work? How does one avail and use of its service? If you’re one of the many people asking these questions, you’re in a luck because we’re here to help you! So let’s start with the basics!
STEP 1: Fill out the application form and submit all the necessary documents
Before you can avail of BillEase’s service, you must first apply for an account. And how does one do that? Well, you will need to fill out our short application form as thoroughly as you can and submit clear copies of the following:
- A valid government ID
- Proof of Income
- Proof of Billing
You can find a more detailed, step-by-step guideline on how to process your BillEase application as well as the types of documents that BillEase accepts here.
And just as a friendly tip, we highly encourage all our applicants to read and follow our guidelines carefully to ensure faster and smoother transaction in the process. Submitting the wrong documents or providing insufficient information may lead to delays in your Lazada installment plan in the future!
STEP 2: Wait for our credit decision
Now that you have submitted your application, it’s our turn to do some magic. We will carefully verify the information you sent us and based on those pieces of information, will arrive at a decision.
But our decision not only comprises of whether or not your application for a Lazada installment plan has been approved. Along our decision comes information on your initial credit limit. So what is a credit limit?
A credit limit, essentially, is the maximum loanable amount that is given to you by BillEase upon your application’s approval. This means if you have a credit limit of, say, P5,000, you can loan as much as that amount from BillEase!
And what if you want to purchase something worth more than your credit limit? You simply have to pay for the excess amount via COD. But the rest of the purchase you’ll pay for in installments via BillEase.
STEP 3: Request for a Lazada Wallet Top-Up
Now that your application has been approved and you already have a credit limit, you can now request for a Lazada Wallet Top-Up!
Requesting a voucher is very easy. First, make sure that you’ve activated your Lazada Wallet. and log in to your BillEase account. Under “My Account”, click the red “Claim Now” button. Go through the short verification process and once you’re done, you’ll need to wait at least 1 banking day before your Lazada Wallet Top-up appears in your BillEase account.
Important Note: Make sure that the email address and phone number you’re using in Lazada is the same details you registered in BillEase.
STEP 4: Use your Lazada Wallet Top-Up upon checkout
Now that you have received your Lazada Wallet Top-Up, it’s time to put it to good use!
In the check out page, simply select “Lazada Wallet” as your preferred payment option and click “Place Order Now”.
Do keep in mind that your Lazada Wallet Top-Up can be used on multiple items, stores, and occasions, as long as the total amount of your purchase is within the amount of your top-up.
If the amount of your purchase exceeds your top-up limit, you can simply add more funds via 7-Eleven, Metrobank, BPI, or BDO branches.
Our suggestion? Maximize your Lazada Wallet Top-Up– in the most financially responsible way possible, of course!
Get more information on how to use your Lazada Wallet Top-Up as well as some common errors our customers experience here!
And that’s just how BillEase works – see, we told you it’s easy and convenient. Are you ready to try it out for yourself? Sign up for a Lazada installment plan here.
Need more information about BillEase? Drop your questions on the comments section below and we’ll try to answer them all!