You Can Now Buy-Now-Pay-Later On Amazon With Atome!
Updated: Dec 19, 2023
Amazon is introducing a new, flexible payment options for its customers in Singapore.
The online retail giant announced it partnered with Atome, Southeast Asia’s leading buy-now-pay-later (BNPL) platform, to let its customers enjoy deferred payments upon checkout.
"We’re truly humbled by this opportunity to serve customers with one of the world’s largest online retailers here in Singapore and this partnership is a first for Amazon here in Southeast Asia," said William Yang, Head of Commercial at Atome. "In our discussions, delivering a superior customer and brand partner experience for Amazon users was key."
The partnership allows Amazon customers to avail Atome's pay-in-three, zero interest payment option. They simply have to link their Atome account to their Amazon account, and the three-month payment option should be available upon checkout. If they don't have an Atome account, they can download and register for an account on Atome Singapore’s mobile app on the App Store for iOS or the Play Store for Android.
To celebrate the launch, Amazon customers can redeem S$15 off (for a minimum spend of S$150) when they select Atome upon checkout from 1 June onwards.
BNPL services have proven to be a popular payment option among online shoppers, especially younger shoppers, who might not have or access to credit. According to the FIS Worldpay Global Payments 2023 Report, BNPL accounted for US$100 billion of Asia-Pacific's e-commerce transaction value in 2022, with Southeast Asia and India set to drive the region's strongest ecommerce growth through to 2026.
Atome partners with online and offline retailers, bringing flexible payment options to increase conversions and grow average orders and customer segments. The BNPL platform is part of Singapore-based Advance Intelligence Group, one of the largest independent financial services technology startups in Asia.
Amazon announced it partnered with Atome, Southeast Asia’s leading buy-now-pay-later (BNPL) platform, to let its customers enjoy deferred payments upon checkout.
The partnership allows Amazon customers to avail of Atome's pay-in-three, zero interest payment option.
They simply have to link their Atome account to their Amazon account and the three-month payment option should be available upon checkout.
To celebrate the launch, Amazon customers can redeem S$15 off (for a minimum spend of S$150) when they select Atome upon checkout from 1 June onwards.