Atome, one of Asia’s BNPL (buy now, pay later) companies, is offering shoppers this holiday season flexible deferred payment options.
First launched in Singapore in 2019 and officially available in the Philippines since October 2021, Atome is now a partner to over 600 merchants in the country covering a wide range of categories including fashion, beauty, wellness, home, travel, technology, and more.
“What Atome offers is convenience and better financial control,” said Zine Nedil, country manager, Atome Philippines. “Shoppers can better manage budgets and have the freedom to get the things that matter most to them as they can easily split up the cost of their purchases into installments via Atome.”
Now that BNPL is gaining traction, more shoppers are able to buy what they need while optimizing their monthly budget. ResearchAndMarkets.com found that BNPL payments in the country are expected to grow at a rate of 50.9% each year from 2022 to 2028.
Using the Atome app is easy. To get started, users can either scan the QR code at checkout counters or search for the Atome app on the App Store or Google Play to download. Once they have signed up, customers can link either their credit or debit cards to their accounts. Users will gain access to BNPL terms of 0% interest for 3 months.
Atome’s growing list of partner merchants like the SM Store, ShopSM, Rustan’s online, Bench, Aldo, Charles & Keith, Forever 21, Watsons, The Body Shop, Innisfree, Converse, NEW Balance, URATEX, Anson’s, Anker, and Planet Sports provide users with endless options for both essentials and the occasional treat or two.