Lazpaylater Review: How to Pay? How to Use?

Lazpaylater Review: How to Pay? How to Use?

What is Lazpaylater?

LazPayLater is Lazada Philippines’ credit payment option that allows customers to enjoy their shopping without having to pay for them upfront. Qualified customers can choose to pay for their items in affordable monthly installments. With LazPayLater, customers have the flexibility to purchase what they want now and pay later at a time that suits them best.

What is Lazada?

Lazada is an online e-commerce platform with operations in six countries across Southeast Asia—Indonesia, Malaysia, Singapore, Thailand, Vietnam, and the Philippines. Founded in 2012 by the Alibaba Group, Lazada has rapidly become the largest e-commerce site in the region. It offers the widest range of products and services, across different categories, including consumer electronics, home appliances, fashion items. and even groceries.

Backed by Alibaba's best-in-class technology infrastructure, Lazada is able to leverage eCommerce expertise and make online shopping more convenient for customers in Southeast Asia. With its advanced logistics system, Lazada offers a fast and reliable delivery service that reaches millions of consumers. This creates unique customer experiences through personalised product recommendations, streamlined checkout processes, and improved marketing initiatives.

Lazpaylater loan, how does it work?

Lazpaylater is a credit payment method that enables customers to purchase items and pay them back at a later time in full or in easy installment plan. This option is only available to pre-qualified customers who have been using Lazada app regularly. If you are eligible, the option will be activated in your Lazada under the Lazada Wallet dashboard.

What is buy now and pay later?

This is a type of payment arrangement where customers can purchase products now but pay at a much later time, often in installment basis. This can be beneficial for both businesses and consumers, as it allows buyers to make purchases without having the money upfront, while helping merchants increase their sales by providing more flexible payment options.

How much is the Lazpaylater loan?

Pre-qualified Lazada customers can enjoy a Lazpaylater credit line of up to PHP15,000. It’s possible to get a lower credit limit depending on the evaluation of your personal information and Lazada buyer profile.

Interest rate

The Pay Later Plan, where you can pay 45 days after your purchase, carries zero interest. This means that your loan is interest-free as long as you pay within that period.

If you choose the 3, 6, 9, and 12 monthly installment plans, the interest fee will vary depending on the price and the loan term. This will be displayed on the order page before you checkout.

Lazada does not charge processing fee, admin fee, subscription fee, or handling fees.

Is Lazpaylater legit? Is SEC Registered?

Yes. Lazpaylater is legit. It owned by Lazada Group, which operates Lazada in the Philippines. It’s registered with the Securities and Exchange Commission.

How long does it take to claim the loan money in Lazpaylater?

As this is an installment plan, you don’t need to claim any cash. Unlike a cash loan, Lazpaylater is essentially a credit line that allows you to buy products within the Lazada marketplace and pay at a later time or in installments.

Lazpaylater Benefits

  • Buying now and paying later is a convenient payment arrangement that offers consumers more flexibility in how they purchase goods on the Lazada e-commerce site and marketplace.

  • This type of payment plan allows customers to receive the items they need right away, while also having an extended time to pay off the full balance with no interest or fees attached.

  • Under the Lazpaylater program, customers can make purchases up front but spread out their payments over several months up to 12 months.

  • This type of payment arrangement increases customers’ purchasing power and gives them the opportunity to budget for large purchases without committing too much money up front.

  • Lazpaylater is also beneficial to businesses and sellers in Lazada since it encourages more people to buy from them due to increased accessibility.

How to apply for Lazpaylater Loan?

If you are pre-qualified, you will find a Lazpaylater icon in the Lazada Wallet section. You need to unlock your credit line by clicking the Apply button. Provide the required information and submit the application. The verification process can take anywhere from 5 minutes to 24 hours.


  • You must be a Lazada app customer

  • You must have one valid ID:

  • Driver’s license

  • Passport

  • Unified Multi-Purpose Identification (UMID)

  • SSS

How to activate Lazpaylater?

Lazada will determine if a customer is eligible for the buy now pay later payment option. If you  are pre-qualified, the Lazpaylater will automatically be made available to you. You just need to apply to activate it and unlock your credit line. You can check your application status on the Lazada Wallet Home Page.

Once activated, you can purchase products. Add the item to your cart or tap the Buy Now button. Upon checkout, select LazPayLater as your payment method. You can then choose the installment period and it will display the interest.

How to pay Lazpaylater Installment?

To pay your monthly installments, open the Lazada app. Go to the LazPayLater page and select View All Statements. You’ll see the amount due. You can pay using the following payment channels within the app:

  • Lazada Wallet

  • Credit or Debit Card

  • GCash

What happens if I can't pay?

If you can’t pay your Lazpaylater loan, you will be charged an overdue fee. Keep in mind that there is a 2-day grace period to settle any outstanding balance. If you pay within the grace period, there will be no overdue fees.

How to increase credit limit?

Currently, there is no option to request for an increase in your Lazpaylater credit limit. Should you be eligible for an increase, Lazada will notify you through push notification.

From Lazpaylater to Gcash

If you’re wondering if you can convert your Lazpaylater credit line into cash, the answer is no. Currently, there is no option to convert your Lazpaylater to GCash. If you wish to avail a cash loan, you can apply for a Lazada Loan.

Lazpaylater Partner Stores

You can use Lazpaylater to purchase most of the products in the Lazada marketplace. However, it can’t be used in fine jewelry and some digital products, such as mobile load, gift cards, and eVouchers. However, some qualified customers may use Lazpaylater for bills payment.

Lazpaylater app

Lazpaylater has no separate app because it is built into the Lazada app. The app is available for Android phones and iPhones and is available for download from the Google Play Store and the Apple App Store. You can find the Lazpaylater app in the Lazada Wallet Home Page.

Lazpaylater, customer service

Whether you're in need of help setting up a Lazada account or simply have a question about the Lazpaylater, you can contact the Lazpaylater’s customer service team via the following channels:

  • Chat Now button to connect with CLEO (24/7 customer care specialists, except holidays)

  • Hotline: +63 2 7795 8900

Lazpaylater, reviews

Lazpaylater is a great lending service that is build into the Lazada app. Many Lazada app users who qualify for this payment method are generally satisfied with Lazpaylater. Customers who have used Lazpaylater praise its simple yet effective design and straightforward process.

They especially appreciate how easy it is to set up an account with just a few clicks and how quickly they can activate and start using the buy now and pay later plan. There’s also no need for credit checks or long approval processes; everything is done online in a matter of minutes. This makes Lazpaylater ideal for those looking for a convenient payment solution without having to pay cash upfront.

Have you used Lazpaylater? Share your experience here.

it's so bad, got my account frozen for 3 months for "unusual account activity" when i'm just buying items within the given balance. 3 months have elapsed and i still can't use my lazpaylater. what a waste

Estrella Laguardia

Very good


Lazpay later is okay overall however it's really ---- that they freeze your account for 3days when you opt for the zero interest option...why not just remove this option all together????

Marvin Not Agustin

Useless to grow your credit limit if they just freeze your account when buying hefty price items with zero interest (in my case). They froze my account for two straight 3 days (6 days in total) attempting to buy the same item twice with no interest.

Antonia Carolyn Oria

I can't use my national id to activate my laz paylater

Jose Paolo Borromeo

their Lazpay is the worst. Paid it every month and they froze you for 3 months in a row and you cant use it. I think its a ----..

Jose Paolo Borromeo

their Lazpay is the worst. Paid it every month and they froze you for 3 months in a row and you cant use it. I think its a ----..

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This article was updated on 24 july 2024